Music service Spotify cancels Russian launch

(AGI) Moscow, Feb 2 - Music-streaming service Spotify hascancelled its launch in Russia. Alexander Kubaneishvili, whowas to lead Spotify's Russian division, is leaving the Swedishcompany. He told the TASS news agency: "There are severalreasons: the economic crisis, the political situation, the newlaws governing the internet." The company said a year ago itwould enter the Russian market and insiders expected it tolaunch its streaming service soon. The company will close itsoffice in Russia. . .