Decision to Open an Office in Istanbul from Netflix

  Decision to Open an Office in Istanbul from Netflix The decision to open an office in Istanbul came from the American technology and media services provider and production company Netflix. This step of the company will help the successful distribution of the media produced in Turkey to the world more quickly. Republic of Turkey Culture and Tourism Minister Mehmet Nuri Ersoy, voiced that they welcomed Netflix’s decision, Netflix co-CEO Reed Hastings, thanking more than 3 million Netflix members in Turkey, said they are proud of opening an office in Istanbul. Speaking on the subject, Minister of Culture and Tourism Mehmet Nuri Ersoy, used the following expressions: “Especially in the past fifteen years, great development of our cinema industry, has become one of the important tools, as well as promotional and cultural diplomacy of the economy. In this sense, I welcome the global company's office to our country. I think accesibility in 190 countries for the films and series produced in Turkey will contribute to the development of tourism and make our film industry more visible in the international arena. " Netflix founder and co-CEO Reed Hastings “Turkey, with its rich culture and deep-rooted tradition of telling stories very valuable to us as a country. Therefore we are proud to open an Office in a magnificent city of Istanbul. This decision which reveals our commitment towards Turkey, will contribute for our Turkish-made content which will be enjoyed around the world. We thank our members which are over 3 million in Turkey, and all of our stakeholders for their support.”   What Is Its Connection With The Social Media Act? For the second time penalty to resist social media platforms are contracted to appoint representatives of Turkey, it is believed to be of Netflix's decision to open the office to get rid of this penalty. Companies such as Facebook, Instagram, Twitter, YouTube, TikTok, Linkedin, Periscope, Dailymotion were fined 10 million lira each on November 2. Companies will be fined 30 million lira each, since the second period given ended yesterday. If social media platforms refuse to appoint representatives, the next sanctions will be an advertising ban and bandwidth limitation.