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	<title>paidContent &#187; VC</title>
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		<title>paidContent &#187; VC</title>
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		<title>Trustpilot takes €10 million to help consumers rate etailers</title>
		<link>http://paidcontent.org/2012/12/12/trustpilot-takes-e10-million-to-help-consumers-rate-etailers/</link>
		<comments>http://paidcontent.org/2012/12/12/trustpilot-takes-e10-million-to-help-consumers-rate-etailers/#comments</comments>
		<pubDate>Wed, 12 Dec 2012 11:16:01 +0000</pubDate>
		<dc:creator>Robert Andrews</dc:creator>
				<category><![CDATA[denmark]]></category>
		<category><![CDATA[Europe]]></category>
		<category><![CDATA[reviews]]></category>
		<category><![CDATA[scandinavia]]></category>
		<category><![CDATA[VC]]></category>

		<guid isPermaLink="false">http://paidcontent.org/?p=221993</guid>
		<description><![CDATA[The Danish firm has been building a platform for consumers to review independent online retailers. Now it wants to break America. But does Trustpilot need to work hard on improving its own visibility, or just syndicate its reviews to Google?<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=paidcontent.org&#038;blog=33319749&#038;post=221993&#038;subd=gigaompaidcontent&#038;ref=&#038;feed=1" width="1" height="1" />]]></description>
				<content:encoded><![CDATA[<p>Two of the web&#8217;s biggest etailers &#8212; Amazon and eBay &#8212; have in-built merchant review systems. Even high-street businesses have equivalents, like Yelp and Google, and products themselves are well reviewed online.</p>
<p>But, as more and more consumer commerce is carried out online through etailers that operate independently, how can customers gauge sellers&#8217; trustworthiness?</p>
<p>That is a problem Denmark-based <a href="http://www.trustpilot.com">Trustpilot</a> has been trying to crack in Europe since it was founded in 2007. And now it is taking on a further €10 million ($13 million) to fund entry to the United States (<a href="http://www.indexventures.com/news/index/news_id/356">announcement</a>).</p>
<p>The money comes from Index Ventures, which is joining previous  backers SEED Capital Denmark and Northzone, which gave €4.5 million a year ago and which think Trustpilot&#8217;s method of letting buyers rate and review merchants will be big. <a href="http://blog.trustpilot.com/trustpilot-investment/">CEO Peter Mühlmann writes</a> that he wants to double staff from over 100 in the next year.</p>
<p><span class='embed-youtube' style='text-align:center; display: block;'><iframe class='youtube-player' type='text/html' width='604' height='370' src='http://www.youtube.com/embed/SEOzJiUL_ZU?version=3&#038;rel=1&#038;fs=1&#038;showsearch=0&#038;showinfo=1&#038;iv_load_policy=1&#038;wmode=transparent' frameborder='0'></iframe></span></p>
<p>Trustpilot says: &#8220;The benefit for businesses using Trustpilot is that they can backtrack each customer review to the transaction on which the review is based. This helps businesses pinpoint where and how to improve customer satisfaction.&#8221;</p>
<p>But, as it tries to unlock the large US market, the outfit may nevertheless still face challenges at home. Despite operating in the UK, France, Germany, Netherlands and Italy, I have never heard of it; it simply would not have occurred to me to use it to find trustworthy sellers.</p>
<p>That means it is starting from a lower base in the States. But Trustpilot also supplies reviews to Google product search pages &#8212; a place where people are more likely to see them.</p>
<p>But Trustpilot claims merchants who display its reviews on their site can increase purchase conversions by 20 percent. Its focus on providing value to businesses through <a href="http://www.indexventures.com/news/index/news_id/356">highlighting positive reviews</a> seems to take second place to providing a service to consumers.</p>
<p>The service claims to have garnered over six million reviews of over 100,000 merchants.</p>
<br />  <img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=paidcontent.org&#038;blog=33319749&#038;post=221993&#038;subd=gigaompaidcontent&#038;ref=&#038;feed=1" width="1" height="1" /><p><a href="http://pubads.g.doubleclick.net/gampad/jump?iu=/1008864/PaidContent_RSS_300x250&#038;sz=300x250&#038;c=192268"><img src="http://pubads.g.doubleclick.net/gampad/ad?iu=/1008864/PaidContent_RSS_300x250&#038;sz=300x250&#038;c=192268" /></a></p>]]></content:encoded>
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			<media:title type="html">Peter Mühlmann, Trustpilot</media:title>
		</media:content>

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			<media:title type="html">robertandrews</media:title>
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		<title>Ex Apple VP backs payment platform Cleeng to break U.S.</title>
		<link>http://paidcontent.org/2012/11/21/apple-vp-backs-payment-platform-cleeng-to-break-u-s/</link>
		<comments>http://paidcontent.org/2012/11/21/apple-vp-backs-payment-platform-cleeng-to-break-u-s/#comments</comments>
		<pubDate>Wed, 21 Nov 2012 12:35:35 +0000</pubDate>
		<dc:creator>Robert Andrews</dc:creator>
				<category><![CDATA[Europe]]></category>
		<category><![CDATA[holland]]></category>
		<category><![CDATA[netherlands]]></category>
		<category><![CDATA[Slovakia]]></category>
		<category><![CDATA[VC]]></category>

		<guid isPermaLink="false">http://paidcontent.org/?p=221012</guid>
		<description><![CDATA[Another vendor hoping to provide a paid content mechanism to online publishers is raising money from backers including Apple's former overseas lieutenant.<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=paidcontent.org&#038;blog=33319749&#038;post=221012&#038;subd=gigaompaidcontent&#038;ref=&#038;feed=1" width="1" height="1" />]]></description>
				<content:encoded><![CDATA[<p>Two European content payment platforms are advancing with news of an investment and a move in to video.</p>
<p>Netherlands-based Cleeng, which <a href="http://paidcontent.org/2011/06/27/419-la-tribune-starts-charging-for-more-online-content/">we have previously reported on</a> and which facilitates payments through blog CMSes and other suites for outlets including La Tribune, Dailymotion and VentureBeat, is raising a €400,000 ($511,000) investment to try targeting U.S. business.</p>
<p>Amongst the backers is Pascal Cagni &#8212; <a href="http://www.macworld.co.uk/apple-business/news/?newsid=3359968">until his resignation this May</a>, Apple&#8217;s VP for Europe, Middle East, India and Asia &#8212; who says (via release):</p>
<blockquote><p>&#8220;Through my 12 years leading Apple in Europe, I was uniquely positioned to monitor how the digital revolution can be disruptive and make monetization challenging. In the meantime, the proliferation of mobiles devices is on par with the acceleration of content digitalization and has broadened market reach in an unforeseen fashion. The opportunity to offer a simple, straightforward, robust solution to monetize content, being TV programs, videos, or live events is simply huge.&#8221;</p></blockquote>
<p>Meanwhile, central European buffet payment facilitator Piano Media is trying a limited addition of paid video to its system that already charges users to access sections of several newspaper and magazine websites.</p>
<p>The video is from Zuzana Piussi, a Slovak filmmaker who could face two years in prison if convicted for her controversial film about the Slovak judiciary. Her latest film, about Slovak politics, is being distributed only via the Piano-powered paid part of weekly news magazine Týždeň&#8217;s website.</p>
<p>“The multiplex cinemas were against distributing the film after the controversy surrounding my last film,” Piussi says (via release). “Therefore, distributing the movie online, for me as the creator, is now the only way forward.”</p>
<p>Piano Media is better resourced than Cleeng for geographical expansion, having raised a €2 million second round in April. But Piano&#8217;s three launched countries so far &#8212; Slovakia, Slovenia and Poland &#8212; are all in Europe while Cleeng already appears to have ambitions of breaking in to the States.</p>
<p>Other Cleeng backers are unnamed private investors.</p>
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		<media:content url="http://gigaompaidcontent.files.wordpress.com/2012/11/dw_688.jpg?w=150" medium="image">
			<media:title type="html">Pascal Cagni</media:title>
		</media:content>

		<media:content url="http://0.gravatar.com/avatar/9c4c8cc928020ba6394032bbb3b4bd02?s=96&#38;d=retro&#38;r=PG" medium="image">
			<media:title type="html">robertandrews</media:title>
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		<title>Open-source video&#8217;s Kaltura takes $25 million to go to Asia</title>
		<link>http://paidcontent.org/2012/11/20/open-source-videos-kaltura-takes-25-million-to-go-to-asia/</link>
		<comments>http://paidcontent.org/2012/11/20/open-source-videos-kaltura-takes-25-million-to-go-to-asia/#comments</comments>
		<pubDate>Tue, 20 Nov 2012 10:05:54 +0000</pubDate>
		<dc:creator>Robert Andrews</dc:creator>
				<category><![CDATA[asia]]></category>
		<category><![CDATA[VC]]></category>

		<guid isPermaLink="false">http://paidcontent.org/?p=220940</guid>
		<description><![CDATA[In an Asian video market that's growing fast and dominated by Vietnam, online software vendor Kaltura will open up efforts with a $25 million investment.<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=paidcontent.org&#038;blog=33319749&#038;post=220940&#038;subd=gigaompaidcontent&#038;ref=&#038;feed=1" width="1" height="1" />]]></description>
				<content:encoded><![CDATA[<p>Online video hosting and playback software suite vendor Kaltura is embarking on an Asia-Pacific sales run, funded by a new investment round.</p>
<p><a href="http://gigaompaidcontent.files.wordpress.com/2012/11/screen-shot-2012-11-20-at-09-59-46.png"><img  title="Kaltura logo" alt="" src="http://gigaompaidcontent.files.wordpress.com/2012/11/screen-shot-2012-11-20-at-09-59-46.png?w=708"   class="alignright size-full wp-image-220941" /></a>The outfit is taking $25 million from Mistui Global Investments and Orix Ventures, saying it is &#8221;setting its sights on the Asia-Pacific region&#8221;.</p>
<p>Kaltura&#8217;s online video platform is supposedly used by over 300,000 clients, including in the enterprise and at media companies, who can either buy in Kaltura&#8217;s own commercial service or host its open-source software themselves.</p>
<p>The outfit already expanded in to Europe earlier this summer. <a href="http://venturebeat.com/2012/08/25/the-next-billion-dollar-enterprise-tech-companies/">VentureBeat has called</a> Kaltura a &#8221;next billion-dollar enterprise tech company&#8221;. It has previously raised a $2.1 million first round, a big $21 million second round in 2008 and a $20 million raise from Intel Capital and others in 2011.</p>
<p>Vietnam and Hong Kong are Asia-Pacific&#8217;s top online video-viewing countries, <a href="http://www.fierceonlinevideo.com/story/comscore-expands-asia-pacific-metrics-vietnam-leads-online-video-viewing/2012-08-17">according to comScore</a> (<a href="http://www.digitalstrategyconsulting.com/intelligence/2012/09/online_video_usage_in_asia_pac.php">and via Digital Strategy Consulting</a>)&#8230;</p>
<p><img  title="Asian online video market" alt="" src="http://www.digitalstrategyconsulting.com/intelligence/5239_online_video_usage_asia_pacific_Small_V1.jpg" height="471" width="381" class="alignnone" /></p>
<br />  <img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=paidcontent.org&#038;blog=33319749&#038;post=220940&#038;subd=gigaompaidcontent&#038;ref=&#038;feed=1" width="1" height="1" /><p><a href="http://pubads.g.doubleclick.net/gampad/jump?iu=/1008864/PaidContent_RSS_300x250&#038;sz=300x250&#038;c=196681"><img src="http://pubads.g.doubleclick.net/gampad/ad?iu=/1008864/PaidContent_RSS_300x250&#038;sz=300x250&#038;c=196681" /></a></p>]]></content:encoded>
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		<media:thumbnail url="http://gigaompaidcontent.files.wordpress.com/2012/02/online-video-streaming-video-people-looking-at-computer-teens-on-laptop-o.jpg?w=150" />
		<media:content url="http://gigaompaidcontent.files.wordpress.com/2012/02/online-video-streaming-video-people-looking-at-computer-teens-on-laptop-o.jpg?w=150" medium="image">
			<media:title type="html">Online video - streaming video - people looking at computer - teens on laptop</media:title>
		</media:content>

		<media:content url="http://0.gravatar.com/avatar/9c4c8cc928020ba6394032bbb3b4bd02?s=96&#38;d=retro&#38;r=PG" medium="image">
			<media:title type="html">robertandrews</media:title>
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		<media:content url="http://gigaompaidcontent.files.wordpress.com/2012/11/screen-shot-2012-11-20-at-09-59-46.png" medium="image">
			<media:title type="html">Kaltura logo</media:title>
		</media:content>

		<media:content url="http://www.digitalstrategyconsulting.com/intelligence/5239_online_video_usage_asia_pacific_Small_V1.jpg" medium="image">
			<media:title type="html">Asian online video market</media:title>
		</media:content>
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		<title>After Flipboard and Tumblr, Chernin bets on YouTube video boom</title>
		<link>http://paidcontent.org/2012/11/14/after-flipboard-and-tumblr-chernin-bets-on-youtube-video-boom/</link>
		<comments>http://paidcontent.org/2012/11/14/after-flipboard-and-tumblr-chernin-bets-on-youtube-video-boom/#comments</comments>
		<pubDate>Wed, 14 Nov 2012 09:24:21 +0000</pubDate>
		<dc:creator>Robert Andrews</dc:creator>
				<category><![CDATA[Europe]]></category>
		<category><![CDATA[uk]]></category>
		<category><![CDATA[VC]]></category>

		<guid isPermaLink="false">http://paidcontent.org/?p=220631</guid>
		<description><![CDATA[Online video is hot. So the media vehicle run by News Corp's former COO is now investing in Base 79, a company that populates online video channels and apps for content owners.<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=paidcontent.org&#038;blog=33319749&#038;post=220631&#038;subd=gigaompaidcontent&#038;ref=&#038;feed=1" width="1" height="1" />]]></description>
				<content:encoded><![CDATA[<p>News Corp&#8217;s former chief operating officer is buying in to YouTube&#8217;s original-videos journey by acquiring a stake in one of the Google network&#8217;s chosen producers.</p>
<p>Peter Chernin, who left News Corp in 2009, has invested $10 million in Base 79, an agency which exploits video rights for content owners in online video channels including YouTube. There, it operates 550 channels, from which it claims 550 million monthly views. <a href="http://news.yahoo.com/base79-announces-investment-chernin-group-232600320.html">Release</a>.</p>
<p>The investment is fresh from a $100 million financing Qatar Holdings is putting in to  The Chernin Group, <a href="allthingsd.com/20121108/peter-chernin-rounds-up-another-100-million-this-time-from-qatar/">according to AllThingsD</a>, joining Providence Equity Partners and others. The group also has investments in Flipboard, Tumblr and Scopely.</p>
<p><a href="http://gigaompaidcontent.files.wordpress.com/2012/02/ashley-mackenzie2-o.png"><img  title="Ashley MacKenzie" alt="" src="http://gigaompaidcontent.files.wordpress.com/2012/02/ashley-mackenzie2-o.png?w=300&#038;h=208" height="208" width="300" class="alignright size-medium wp-image-109390" /></a>Base 79 was formed in 2007 in London by former <em>The</em> Sun editor Kelvin MacKenzie&#8217;s son Ashley as MyVideoRights. It <a href="http://paidcontent.org/2011/09/15/419-myvideorights-takes-money-and-changes-name-for-global-device-assault/">changed its name in 2011</a> and opened up in New York to exploit the booming U.S. video opportunity.</p>
<p>At that time, it <a href="http://paidcontent.org/2011/09/15/419-myvideorights-takes-money-and-changes-name-for-global-device-assault/">took an extra £2.75 million</a> funding from previous backers Patrick Walker (YouTube&#8217;s EMEA partnerships director), ex Endemol creative chief Peter Bazelgette and MMC Ventures to finance development of mobile and TV apps, deciding to build video in to own-brand containers rather than just go through platforms like YouTube.</p>
<p>Base 79 is, however, a recipient of YouTube&#8217;s first European original-productions financing last month, <a href="http://paidcontent.org/2012/10/08/youtubechannels/">a grant for four such production</a>s.</p>
<p>MMC has returned to join Chernin in this latest funding.</p>
<p>Base 79 leverages content from producers including BBC Worldwide, Endemol’s Tiger Aspect, IMG Media and Simon Cowell’s SyCo.</p>
<p>What we are seeing is the emergence of hotly-tipped companies that depend on existing mass video platforms and which either syndicate video to them, produce it for them or both.</p>
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		<media:thumbnail url="http://gigaompaidcontent.files.wordpress.com/2012/04/peter-chernin.jpg?w=150" />
		<media:content url="http://gigaompaidcontent.files.wordpress.com/2012/04/peter-chernin.jpg?w=150" medium="image">
			<media:title type="html">CHERNIN</media:title>
		</media:content>

		<media:content url="http://0.gravatar.com/avatar/9c4c8cc928020ba6394032bbb3b4bd02?s=96&#38;d=retro&#38;r=PG" medium="image">
			<media:title type="html">robertandrews</media:title>
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		<media:content url="http://gigaompaidcontent.files.wordpress.com/2012/02/ashley-mackenzie2-o.png?w=300" medium="image">
			<media:title type="html">Ashley MacKenzie</media:title>
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		<title>Nordic news publisher Schibsted buying in to ebook service Riidr</title>
		<link>http://paidcontent.org/2012/10/26/nordic-news-publisher-schibsted-buying-in-to-ebook-service-riidr/</link>
		<comments>http://paidcontent.org/2012/10/26/nordic-news-publisher-schibsted-buying-in-to-ebook-service-riidr/#comments</comments>
		<pubDate>Fri, 26 Oct 2012 17:46:57 +0000</pubDate>
		<dc:creator>Robert Andrews</dc:creator>
				<category><![CDATA[denmark]]></category>
		<category><![CDATA[Europe]]></category>
		<category><![CDATA[scandinavia]]></category>
		<category><![CDATA[VC]]></category>

		<guid isPermaLink="false">http://paidcontent.org/?p=219730</guid>
		<description><![CDATA[Scandinavian newspaper publisher Schibsted is keeping up its efforts to diversify and attract user payments by investing in a regional ebook service.<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=paidcontent.org&#038;blog=33319749&#038;post=219730&#038;subd=gigaompaidcontent&#038;ref=&#038;feed=1" width="1" height="1" />]]></description>
				<content:encoded><![CDATA[<p>Why would a newspaper publisher want to own a book distributor? Same reason it wants to operate a music subscription firm: to get back in to the direct user-payments content game.</p>
<p>Scandinavian&#8217;s Schibsted is following its spring <a href="http://paidcontent.org/2012/01/12/419-scandinavian-news-publisher-schibsted-buying-music-streamer-aspiro/">acquisition of the Aspiro music service</a> by purchasing 10 percent of Danish ebooks service <a href="http://da.riidr.com/">Riidr</a>, <a href="http://www.arcticstartup.com/2012/10/26/riidr-schibsted-funding">ArcticStartup reports</a>.</p>
<p><span class='embed-youtube' style='text-align:center; display: block;'><iframe class='youtube-player' type='text/html' width='604' height='370' src='http://www.youtube.com/embed/bhx1uIhzaoo?version=3&#038;rel=1&#038;fs=1&#038;showsearch=0&#038;showinfo=1&#038;iv_load_policy=1&#038;wmode=transparent' frameborder='0'></iframe></span></p>
<p>Kobo-like platform Riidr is a service for reading .epub and watermarked ebooks through a simple web interface or through iOS and Android apps. So far, its titles are only Danish and Swedish. Riidr also lets readers move those titles over to Kindles, thereby growing the Scandinavian repertoire on Amazon&#8217;s device.</p>
<p><em>Aftenposten</em> newspaper publisher Schibsted is one of the largest news and magazine publishers in Europe and Scandinavia and is diversifying from newspapers with this investment.</p>
<p>Schibsted CEO Rolv Erik Ryssdal <a href="http://www.schibsted.com/Press-Room/News-archive/2012/--Schibsted-is-building-world-class-digital-media-houses/">wrote</a> last month that the company has gathered its news content, classified and other payment efforts, started at its <em>Fædrelandsvennen</em> title, up together with others from its digital portfolio into a groupwide program it&#8217;s calling Schibsted Payment:</p>
<blockquote><p>&#8220;[The aim is] to facilitate simple payment solutions for all of our companies&#8217; customers, for buying everything from second-hand bikes on FINN.no to quality content in our newspapers.&#8221;</p>
<p>&#8220;We must lead the way in finding new quality content and new sources of revenue. We must derive most of our revenues from digital courses.&#8221;</p></blockquote>
<p>Riidr and Aspiro are two ways Schibsted may get to build competency in this area.</p>
<p>Riidr tells ArcticStartup newspapers may get to offer its ebooks through their web pages.</p>
<br />  <img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=paidcontent.org&#038;blog=33319749&#038;post=219730&#038;subd=gigaompaidcontent&#038;ref=&#038;feed=1" width="1" height="1" /><p><a href="http://pubads.g.doubleclick.net/gampad/jump?iu=/1008864/PaidContent_RSS_300x250&#038;sz=300x250&#038;c=557318"><img src="http://pubads.g.doubleclick.net/gampad/ad?iu=/1008864/PaidContent_RSS_300x250&#038;sz=300x250&#038;c=557318" /></a></p>]]></content:encoded>
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		<title>Italian publishers&#8217; online ad firm financed to develop new formats</title>
		<link>http://paidcontent.org/2012/10/24/italian-publishers-online-ad-firm-financed-to-develop-new-formats/</link>
		<comments>http://paidcontent.org/2012/10/24/italian-publishers-online-ad-firm-financed-to-develop-new-formats/#comments</comments>
		<pubDate>Wed, 24 Oct 2012 15:48:37 +0000</pubDate>
		<dc:creator>Robert Andrews</dc:creator>
				<category><![CDATA[advertising]]></category>
		<category><![CDATA[Europe]]></category>
		<category><![CDATA[italy]]></category>
		<category><![CDATA[VC]]></category>

		<guid isPermaLink="false">http://paidcontent.org/?p=219533</guid>
		<description><![CDATA[The exclusive provider of ad services to a host of Italian online publishers is taking on money to fund development of new ad formats.<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=paidcontent.org&#038;blog=33319749&#038;post=219533&#038;subd=gigaompaidcontent&#038;ref=&#038;feed=1" width="1" height="1" />]]></description>
				<content:encoded><![CDATA[<p>An open online advertising consortium of Italian publishers may soon get a leg up after its chosen ad vendor took a €2.5 million ($3.2 million) investment to develop new technology.</p>
<p>Salerno-based <a href="http://www.4wmarketplace.com/">4W Marketplace</a>, which powers the <a href="http://www.premiumpublishernetwork.com/ppn/consorzio/">Premium Publisher Network</a>, is taking the money from VC house Principia SGR.</p>
<p>In an announcement, the firm says:</p>
<blockquote><p>&#8220;The investment will be directed towards the strengthening of the technological department for research and development in the computational advertising area and the development of new cutting-edge internet advertising models.&#8221;</p></blockquote>
<p>That work will be carried out together with 4W Marketplace&#8217;s local university.</p>
<p>The Premium Publisher Network was <a href="http://paidcontent.org/tech/419-italisn-newspapers-collaborate-in-online-ad-consortium/">formed</a> by newspaper groups RCS and L&#8217;Espresso three years ago and now <a href="http://www.premiumpublishernetwork.com/ppn/testate/">numbers</a> dozens of members including broadcaster Rai and paper La Gazzetta della Sport and La Repubblica.</p>
<p>4W Marketplace is the network&#8217;s exclusive ad provider, having been started by the <a href="http://digitalmagics.com/startup/4w-marketplace/">Digital Magics</a> incubator, and currently offers <a href="http://www.4wmarketplace.com/en/page/read/04-formati-publisher">contextual, mobile and social ads</a>.</p>
<br />  <img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=paidcontent.org&#038;blog=33319749&#038;post=219533&#038;subd=gigaompaidcontent&#038;ref=&#038;feed=1" width="1" height="1" /><p><a href="http://pubads.g.doubleclick.net/gampad/jump?iu=/1008864/PaidContent_RSS_300x250&#038;sz=300x250&#038;c=789360"><img src="http://pubads.g.doubleclick.net/gampad/ad?iu=/1008864/PaidContent_RSS_300x250&#038;sz=300x250&#038;c=789360" /></a></p>]]></content:encoded>
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			<media:title type="html">4W Marketplace</media:title>
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			<media:title type="html">robertandrews</media:title>
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		<title>Tvinci raises $4.5 million to pitch its mobile TV platform worldwide</title>
		<link>http://paidcontent.org/2012/10/15/tvinci-raises-4-5-million-to-pitch-its-mobile-tv-platform-worldwide/</link>
		<comments>http://paidcontent.org/2012/10/15/tvinci-raises-4-5-million-to-pitch-its-mobile-tv-platform-worldwide/#comments</comments>
		<pubDate>Mon, 15 Oct 2012 11:43:05 +0000</pubDate>
		<dc:creator>Robert Andrews</dc:creator>
				<category><![CDATA[israel]]></category>
		<category><![CDATA[VC]]></category>

		<guid isPermaLink="false">http://paidcontent.org/?p=218913</guid>
		<description><![CDATA[As TV and telco operators mull their mobile and tablet options, another software vendor is hoping to get their attention, funding itself for a larger worldwide push.<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=paidcontent.org&#038;blog=33319749&#038;post=218913&#038;subd=gigaompaidcontent&#038;ref=&#038;feed=1" width="1" height="1" />]]></description>
				<content:encoded><![CDATA[<p>Israeli technology vendor Tvinci is taking on a $4.5 million investment to seek out global clients for its internet TV apps platform.</p>
<p>TV and telco operators are busy considering the range of innovative options for mobile live and on-demand viewing, social sharing, remote controlling and other scenarios.</p>
<p>Tel Aviv-based Tvinci recently unveiled a new version of its &#8220;OTT&#8221; (over-the-top) white-label platform, which is used by clients like LibertyGlobal&#8217;s Cello and Finland&#8217;s Elisa.</p>
<p>Co-founder Ido Wiesenberg tells paidContent the firm signed seven clients in the last year, tripled its revenue and is due to announce a big Asian client win. Now it is taking money led by existing investors Kaedan Capital and Zohar Gilon plus newcomer investor Trellas Enterprises.</p>
<p>&#8220;One of the goals in raising this round was to open up new markets. So far, our main target was Europe,&#8221; Wiesenberg said. &#8220;We need to grow. In the countries we are targeting, the population is huge.&#8221;</p>
<p>&#8220;<a href="http://tvinci.com/platform">OTT 2.0</a>&#8220;, as Tvinci&#8217;s new platform is called, lets broadcasters show live and on-demand video to users through apps but also includes social sharing functions, personalisation and discovery. Viewers can also sling video from apps to full-size TV and set top boxes.</p>
<p><iframe src="http://player.vimeo.com/video/50007741" height="281" width="500"></iframe></p>
<p>The suite has come a long way since Tvinci began in 2007 and raised $1.6 million two years later. The company claims to have doubled revenue each year since 2008 and to double its staff by year&#8217;s end.</p>
<p>Several notable online video companies have come out of Israel. To Wiesenberg, that&#8217;s a welcome anomaly.</p>
<p>&#8220;We don&#8217;t have services like Hulu or Netflix so far,&#8221; he says. &#8220;It&#8217;s not like the US where everything is online. However, TV is very popular and there is a passion to innovate.</p>
<p>&#8220;The Israeli market is not as advanced as the UK or Europe, but you have very innovative companies like Boxee coming from Israel.&#8221;</p>
<p>Despite the rush amongst operators to be on new mobile and tablet devices, Tvinci does not yet have business in the States &#8211; another of the reasons it has raised money.</p>
<p>&#8220;This is the goal of the new funding, to explore new markets,&#8221; Wiesenberg said. &#8220;We are experimenting to partner with companies and have a local representatives. I expect to have some news within a year.&#8221;</p>
<br />  <img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=paidcontent.org&#038;blog=33319749&#038;post=218913&#038;subd=gigaompaidcontent&#038;ref=&#038;feed=1" width="1" height="1" /><p><a href="http://pubads.g.doubleclick.net/gampad/jump?iu=/1008864/PaidContent_RSS_300x250&#038;sz=300x250&#038;c=885998"><img src="http://pubads.g.doubleclick.net/gampad/ad?iu=/1008864/PaidContent_RSS_300x250&#038;sz=300x250&#038;c=885998" /></a></p>]]></content:encoded>
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			<media:title type="html">Tvinci products</media:title>
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			<media:title type="html">robertandrews</media:title>
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		<title>Interview: How Deezer&#8217;s CEO will spend his €100 million music round</title>
		<link>http://paidcontent.org/2012/10/09/interview-how-deezers-ceo-will-spend-his-e100-million-music-round/</link>
		<comments>http://paidcontent.org/2012/10/09/interview-how-deezers-ceo-will-spend-his-e100-million-music-round/#comments</comments>
		<pubDate>Tue, 09 Oct 2012 16:53:21 +0000</pubDate>
		<dc:creator>Robert Andrews</dc:creator>
				<category><![CDATA[music]]></category>
		<category><![CDATA[VC]]></category>

		<guid isPermaLink="false">http://paidcontent.org/?p=218846</guid>
		<description><![CDATA[Fresh from raising €100 million, French music service Deezer's CEO Axel Dauchez tells paidContent he wants to tip-toe around the US and Spotify while using funds to go global.<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=paidcontent.org&#038;blog=33319749&#038;post=218846&#038;subd=gigaompaidcontent&#038;ref=&#038;feed=1" width="1" height="1" />]]></description>
				<content:encoded><![CDATA[<p>Deezer CEO Axel Dauchez wants to capture five percent of global music revenue by 2016 &#8212; without yet setting foot in the world&#8217;s biggest market.</p>
<p>The French unlimited-access service has confirmed a <a href="http://paidcontent.org/2012/10/07/in-warners-stable-deezer-has-funds-for-costly-global-spotify-fight/">€100 million ($130 million) new investment</a> round from Access Industries to fund an accelerated global rollout.</p>
<p>&#8220;It will change our world,&#8221; Dauchez told me. But he added: &#8220;We believe we should go everywhere outside of the US. We will be in the US when the market is mature, and when we have an edge not to be a me-too service.&#8221;</p>
<p><a href="http://gigaompaidcontent.files.wordpress.com/2012/02/deezer-com-o.jpg"><img  title="Deezer.com" src="http://gigaompaidcontent.files.wordpress.com/2012/02/deezer-com-o.jpg?w=300&#038;h=194" alt="" width="300" height="194" class="alignright size-medium wp-image-87616" /></a>Last December, Dauchez signalled Deezer&#8217;s intention to launch in over 200 countries by this June. So far, it is live in around 100, however, and is due to announce further rollouts in a press conference at Abbey Road on Wednesday.</p>
<p>&#8220;It was necessary to speed up,&#8221; Dauchez says. &#8220;Up to now, the total amount of money invested in Deezer was just €15 million.&#8221; The company expects to have 200 staff by year&#8217;s end, around 150 of which are in France.</p>
<p>Deezer&#8217;s choice of new backer may raise an eyebrow since, in a world where major labels own collective equity in rival Spotify, Access Industries &#8211; operated by industrialist Len Blavatnik &#8211; is the owner of just one label, Warner Music Group.</p>
<p>But Dauchez denies the shared ownership could disrupt renegotiation with Warner&#8217;s peers: &#8220;There is a huge Chinese wall between the two investments. There is no intention in Warner being too close to us,&#8221; he said.</p>
<p>&#8220;When Access decided to acquire Warner, it was proof they believe in the turnaround of the music business &#8212; this is the next step for them. We saw all the top private equity firms and late-stage investors in the world &#8212; no one had the spirit of Access Industries.&#8221;</p>
<p><a href="http://gigaompaidcontent.files.wordpress.com/2012/02/spotify-co-founders-daniel-ek-and-martin-lorentzon-rdio-backers-niklas-zenn-o.png"><img  title="Spotify co-founders Daniel Ek and Martin Lorentzon, Rdio backers Niklas Zennstrom and Janus Friis" src="http://gigaompaidcontent.files.wordpress.com/2012/02/spotify-co-founders-daniel-ek-and-martin-lorentzon-rdio-backers-niklas-zenn-o.png?w=300&#038;h=220" alt="" width="300" height="220" class="alignright size-medium wp-image-98279" /></a>As so-called &#8220;celestial jukebox&#8221; services like Deezer grow to rival a la carte download stores like iTunes, Dauchez believes it is &#8220;just a question of timing&#8221; when they will overtake the latter.</p>
<p>To seize a growth opportunity in which Dauchez is targeting $1 billion in revenue, he will need not just to be available in many countries but to be relevant in them, too. The CEO says acquiring local music catalog is critical.</p>
<p>&#8220;What we learned in the past year is that not only is taste different &#8212; so is the marketing context. In homes in parts of Asia like Indonesia, mobile is the main screen for entertainment in the home; you have a very strong market if you come through mobile. By contrast, Russia is a big PC market.&#8221;</p>
<p>Today, Deezer has carriage deals with telcos Orange, T-Mobile, Everything Everywhere, Belgacom, Telenor and Millicom for France, the U.K., Poland, Ivory Coast, Mauritius, Romania, Netherlands, Austria, Belgium, Luxembourg, Hungary, Montenegro, Thailand and Honduras. But those different market conditions may require distinct deals elsewhere.</p>
<p><a href="http://gigaompaidcontent.files.wordpress.com/2012/03/little-girl-child-grabbing-music-cd-and-listening-to-digital-music-with-hea-o.jpg"><img  title="Little girl child grabbing music CD and listening to digital music with headphones" src="http://gigaompaidcontent.files.wordpress.com/2012/03/little-girl-child-grabbing-music-cd-and-listening-to-digital-music-with-hea-o.jpg?w=300&#038;h=220" alt="" width="300" height="220" class="alignright size-medium wp-image-195445" /></a>What&#8217;s more, it must be said that the majority of Deezer&#8217;s subscribers are the result of its favorable domestic carriage through its earlier investor Orange, which remains aboard. Now it is present pretty much everywhere Orange is, Deezer will have to strike out without its compatriot&#8217;s assistance.</p>
<p>In the US, Spotify &#8211; and, to a lesser extent, Rhapsody and Rdio &#8211; already have significant gravitational pull on new subscription consumers. Deezer claims two million subscribers out of 26 million users (7.6 percent conversion), versus Spotify&#8217;s four million subscribers out of 15 million active users (26.6 percent conversion).</p>
<p>Dauchez explains: &#8220;We are not so much a competitor of Spotify. We obviously have a different geographical strategy, a different product strategy. When we get a new subscriber, we don&#8217;t take it from Spotify, and they don&#8217;t take it from us &#8211; we both take it from piracy.</p>
<p>&#8220;We are each facing virgin markets &#8211; expect Sweden and France, all the markets are virgin markets.&#8221;</p>
<br />  <img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=paidcontent.org&#038;blog=33319749&#038;post=218846&#038;subd=gigaompaidcontent&#038;ref=&#038;feed=1" width="1" height="1" /><p><a href="http://pubads.g.doubleclick.net/gampad/jump?iu=/1008864/PaidContent_RSS_300x250&#038;sz=300x250&#038;c=199402"><img src="http://pubads.g.doubleclick.net/gampad/ad?iu=/1008864/PaidContent_RSS_300x250&#038;sz=300x250&#038;c=199402" /></a></p>]]></content:encoded>
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			<media:title type="html">Axel Dauchez</media:title>
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			<media:title type="html">Deezer.com</media:title>
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			<media:title type="html">Spotify co-founders Daniel Ek and Martin Lorentzon, Rdio backers Niklas Zennstrom and Janus Friis</media:title>
		</media:content>

		<media:content url="http://gigaompaidcontent.files.wordpress.com/2012/03/little-girl-child-grabbing-music-cd-and-listening-to-digital-music-with-hea-o.jpg?w=300" medium="image">
			<media:title type="html">Little girl child grabbing music CD and listening to digital music with headphones</media:title>
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		<title>Mobile ads are booming, with more sales and more investment</title>
		<link>http://paidcontent.org/2012/10/09/mobile-ads-are-booming-with-more-sales-and-more-investment/</link>
		<comments>http://paidcontent.org/2012/10/09/mobile-ads-are-booming-with-more-sales-and-more-investment/#comments</comments>
		<pubDate>Tue, 09 Oct 2012 12:39:42 +0000</pubDate>
		<dc:creator>Robert Andrews</dc:creator>
				<category><![CDATA[advertising]]></category>
		<category><![CDATA[Europe]]></category>
		<category><![CDATA[uk]]></category>
		<category><![CDATA[VC]]></category>

		<guid isPermaLink="false">http://paidcontent.org/?p=218834</guid>
		<description><![CDATA[UK mobile ad spending is more than doubling year-on-year, according to new figures, as two more vendors in the space take on new financing to exploit the sector's growth opportunity.<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=paidcontent.org&#038;blog=33319749&#038;post=218834&#038;subd=gigaompaidcontent&#038;ref=&#038;feed=1" width="1" height="1" />]]></description>
				<content:encoded><![CDATA[<p>UK media outlets have more than doubled their take from mobile advertising over the last year.</p>
<p>Half-year mobile ads revenue boomed by 132 percent year-on-year to £181.5 million ($290 million), comprising seven percent of all digital advertising outlay, according to <a href="http://www.iabuk.net/about/press/archive/uk-digital-ad-spend-grows-126">new figures</a> from PwC for Internet Advertising Bureau.</p>
<p>Sales from display, video, SMS and MMS advertising on mobiles grew by 91% to almost £50 million, whilst those from mobile search grew by 152 percent to £131.6 million.</p>
<p>That means, just like on the desktop web, search ads, make up the majority of ad spending (72 percent).</p>
<p>Underlining the growth, more investment was announced in mobile advertising firms over the last couple of days&#8230;</p>
<ul>
<li>Location-aware click-to-call advertising facilitator <a href="http://www.freespee.com/">Freespee</a> is taking €3.3 million ($4.2 million) from Sunstone Capital, Inventure and others to expand its London HQ and Uppsala, Sweden, development centre.</li>
<li>Just yesterday, <a href="http://www.sambamobile.com">Samba Mobile</a>, which gives users free mobile SIM or dongle credit on the 3 network in exchange for watching video ads, raised a second angel investment round, bringing its total to almost £1 million ($1.6 million).</li>
</ul>
<p>Taken together, the rise in mobile advertising may suggest a slightly more <em>free</em> future for consumer mobile content.</p>
<p>Mobile is growing up in several facets of business. A fifth of UK and US  human resources managers plan to create mobile-specific roles in the next year, according to a new poll of 600 HR managers by Lightspeed Research. A third of companies polled currently have mobile specialists.</p>
<p>Methodology: The PwC/IAB figures were collected from over 100 media or advertising companies which reported their advertising figures.</p>
<br />  <img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=paidcontent.org&#038;blog=33319749&#038;post=218834&#038;subd=gigaompaidcontent&#038;ref=&#038;feed=1" width="1" height="1" /><p><a href="http://pubads.g.doubleclick.net/gampad/jump?iu=/1008864/PaidContent_RSS_300x250&#038;sz=300x250&#038;c=890597"><img src="http://pubads.g.doubleclick.net/gampad/ad?iu=/1008864/PaidContent_RSS_300x250&#038;sz=300x250&#038;c=890597" /></a></p>]]></content:encoded>
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			<media:title type="html">iPhone apps / Mobile apps / mobile applications</media:title>
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		<title>In Warner&#8217;s stable, Deezer has funds for costly global Spotify fight</title>
		<link>http://paidcontent.org/2012/10/07/in-warners-stable-deezer-has-funds-for-costly-global-spotify-fight/</link>
		<comments>http://paidcontent.org/2012/10/07/in-warners-stable-deezer-has-funds-for-costly-global-spotify-fight/#comments</comments>
		<pubDate>Sun, 07 Oct 2012 13:06:56 +0000</pubDate>
		<dc:creator>Robert Andrews</dc:creator>
				<category><![CDATA[Europe]]></category>
		<category><![CDATA[france]]></category>
		<category><![CDATA[music]]></category>
		<category><![CDATA[VC]]></category>

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		<description><![CDATA[Deezer now stands a much greater chance of challenging powerful Spotify in the race to sign unlimited-music subscription customers, after reportedly taking a €100 million funding. But can any of their ilk be a success?<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=paidcontent.org&#038;blog=33319749&#038;post=218748&#038;subd=gigaompaidcontent&#038;ref=&#038;feed=1" width="1" height="1" />]]></description>
				<content:encoded><![CDATA[<p>Time was, Warner Music Group &#8211; <a href="http://paidcontent.org/2009/05/07/419-earnings-wmg-losses-double-after-losing-33-million-on-imeem-lala/">burned by its investments in imeem and Lala</a> &#8211; refused to license its music to unlimited digital music services.</p>
<p>Then Spotify convinced it and other labels that freemium subscription services could reduce their iTunes dependence. How times change. Now WMG&#8217;s owner is so enamoured with the new model that it is ploughing a €100 million ($130 million) investment in to Deezer, <a href="http://www.lefigaro.fr/societes/2012/10/05/20005-20121005ARTFIG00725-deezer-leve-100millions-aupres-d-un-financier-russe.php">Le Figaro reports</a>.</p>
<p><a href="http://gigaompaidcontent.files.wordpress.com/2012/02/deezer-com-o.jpg"><img  title="Deezer.com" src="http://gigaompaidcontent.files.wordpress.com/2012/02/deezer-com-o.jpg?w=300&#038;h=194" alt="" width="300" height="194" class="alignright size-medium wp-image-87616" /></a>The financing, which had been rumoured earlier last week, gives Deezer welcome financial muscle as it vies with rivals like Spotify, Rhapsody, Rdio, Mog and a host of services cropping up around the world.</p>
<p>But note also how two of the key players are now part-owned by the very content companies with a vested interest in making them work. Labels are believed to own 18 percent of Spotify, and now one of their owners is taking a chunk of Deezer. In theory, Access Industries&#8217; new interest in Deezer could make Warner&#8217;s renegotiations with Spotify and others potentially interesting.</p>
<p>This new music consumption model could be huge. But its gravitational pull has begun to centre on Spotify as a leader. Each of the services is rapidly moving in to new countries around the world, but <a href="http://paidcontent.org/2011/12/07/419-deezer-goes-boldly-global-thumbing-its-nose-at-u-s/">Deezer&#8217;s globalisation strategy</a> has been particularly potent, aiming to quickly roll out to over 200 countries &#8211; a cash-intensive slog.</p>
<p>Hoping to avoid head-on competition with the aforementioned services, the US  is not on that roll-out list. This is smart, since it is arguably in high-piracy emerging markets where the biggest subscription music opportunity lays&#8230;</p>
<p>Japan, for example, saw the launch of only its first unlimited-music service, from Sony, recently this year. While western music downloads have boomed but growth has slowed, China still has precious little music downloads industry to speak of &#8211; if piracy there can be overcome, as it has begun to be elsewhere, unlimited-access like that offered by Deezer could be the <em>first</em> digital music model to take hold.</p>
<p><a href="http://gigaompaidcontent.files.wordpress.com/2012/06/shutterstock_7516753.jpg"><img  title="Businessmen in suits chasing pot of gold riches at end of rainbow" src="http://gigaompaidcontent.files.wordpress.com/2012/06/shutterstock_7516753.jpg?w=300&#038;h=222" alt="" width="300" height="222" class="alignright size-medium wp-image-210781" /></a>What pot of gold might these protagonists find at the other end of this rainbow?</p>
<p>Right now, subscription music&#8217;s economics are highly challenged and low-margin. The services are paying sizeable royalties to labels and most must offer much music for free to snag paying mobile customers.</p>
<p>Spotify revenue more than doubled last year, but so did its costs, meaning <a href="http://gigaompaidcontent.wordpress.com/wp-admin/post.php?post=216962&amp;action=edit">losses grew again</a>. Deezer is fortunate to have found more money to finance its global expansion &#8211; but all such services may <em>need</em> to be global to achieve the scale necessary to make their margins worthwhile.</p>
<p>In other words, large sums of money are required to propel these companies toward a business opportunity, in multiple continents, that could be large but which no-one yet knows for sure.</p>
<p>Deezer rocketed at home in the peculiar French market thanks to bundled carriage via mobile contracts with shareholder Orange. Although it has since repeated this deal in other markets in which Orange is present, its <a href="http://paidcontent.org/2012/08/23/deezer-is-going-slow-against-spotify/">quoted subscriber count has not moved from 1.5 million</a> in months.</p>
<p>Orange told me in June it held 11 percent of Deezer. <a href="http://www.lefigaro.fr/societes/2012/10/05/20005-20121005ARTFIG00725-deezer-leve-100millions-aupres-d-un-financier-russe.php">Le Figaro reports</a> €25 million of Deezer&#8217;s €100 million new funding is to buy out some other existing shareholders. The money from Access Industries would seem to rule out, at least for now, a deal in which Orange could buy the whole of Deezer.</p>
<p>Indeed, now that Deezer is prevalent in most countries in which Orange operates, what greater use could Orange want from it? Orange has also been retrenching from its content ambitions &#8211; a strategy shift that could also dead-end its option on fully buying out Dailymotion.</p>
<br />  <img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=paidcontent.org&#038;blog=33319749&#038;post=218748&#038;subd=gigaompaidcontent&#038;ref=&#038;feed=1" width="1" height="1" /><p><a href="http://pubads.g.doubleclick.net/gampad/jump?iu=/1008864/PaidContent_RSS_300x250&#038;sz=300x250&#038;c=297829"><img src="http://pubads.g.doubleclick.net/gampad/ad?iu=/1008864/PaidContent_RSS_300x250&#038;sz=300x250&#038;c=297829" /></a></p>]]></content:encoded>
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