How Netflix’s stumbles are causing rivals to rethink the streaming business
2 years, 8 months ago

How Netflix’s stumbles are causing rivals to rethink the streaming business

LA Times  

The recent revelation that streaming behemoth Netflix lost subscribers for the first time in more than 10 years stunned Wall Street, spurring a massive sell-off of the company’s stock. “What we’re seeing right now is kind of a turning point for all the platforms to realize that just continuing to try to go get new customers by spending a lot of money on original content is eventually going to run out of steam,” said Kevin Westcott, a vice chair and U.S. technology, media and telecom leader at Deloitte. “We’re committed to meeting customers where they are and delivering content in the way they want to watch,” Jennifer Salke, head of Amazon Studios, said at Amazon’s recent presentation to advertisers in New York. “One company can’t take on all of the cost of these shows.” While binge-watching remains a national pastime, companies are “People talk about it in their social media or with their friends and build momentum,” Westcott said, adding it could grow the show’s audience and keep people engaged longer.

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History of this topic

Tech expert reveals crafty ways to save money on streaming services without losing the shows you love
3 months, 3 weeks ago

Tech expert reveals crafty ways to save money on streaming services without losing the shows you love

Daily Mail  

Netflix here, Hulu there. Ninety-five percent of Americans subscribe to more than one provider, many starting with free trials that they forget to cancel But before we get there, don't let another month pass before you do this. Take advantage of offers from your mobile or credit card provider Streaming services know that record numbers are watching content on their …

Netflix’s subscriber and earnings growth on the rise as password-sharing crackdown pays off
5 months, 3 weeks ago

Netflix’s subscriber and earnings growth on the rise as password-sharing crackdown pays off

The Hindu  

Netflix’s subscriber and earnings growth accelerated in its latest quarter as the video streaming service benefits from a crackdown on freeloading viewers, an expansion into advertising and an acclaimed programming lineup. Given that the competition in video streaming seems to be ramping up again, Investing.com analyst Thomas Monteiro called “the lowering of guidance an intelligent strategy for keeping excitement put …

Netflix’s subscriber and earnings growth gather more momentum as password-sharing crackdown pays off
5 months, 3 weeks ago

Netflix’s subscriber and earnings growth gather more momentum as password-sharing crackdown pays off

Associated Press  

Netflix’s subscriber and earnings growth accelerated in its latest quarter as the video streaming service benefits from a crackdown on freeloading viewers, an expansion into advertising and an acclaimed programming lineup. Given that the competition in video streaming seems to be ramping up again, Investing.com analyst Thomas Monteiro called “the lowering of guidance an intelligent strategy for keeping excitement put …

Netflix increases prices for ad-free streaming: All you need to know
6 months ago

Netflix increases prices for ad-free streaming: All you need to know

India TV News  

Netflix, the popular OTT streaming giant, has delivered a surprise to its users by increasing prices for its ad-free content. Changes to ad-free plans Reports have surfaced that Netflix has discontinued its most affordable ad-free plan in certain regions, significantly impacting its pricing structure. This move follows the company's decision in 2023 to phase out its cheapest ad-free plan, priced …

Some Netflix users report price changes in their subscription plans
6 months ago

Some Netflix users report price changes in their subscription plans

The Hindu  

Some Netflix users are reporting that they are being compelled by the platform to switch to other subscription models that are more expensive or those that include ads, as the platform winds down its basic ad-free plan, reported The Verge. Netflix’s basic ad-free subscription was priced at $11.99 per month for U.S.-based users. Subscribers’ others options include the more expensive …

Comcast announces Netflix, AppleTV, Peacock bundle at ‘vastly reduced’ price
7 months, 2 weeks ago

Comcast announces Netflix, AppleTV, Peacock bundle at ‘vastly reduced’ price

The Independent  

The latest headlines from our reporters across the US sent straight to your inbox each weekday Your briefing on the latest headlines from across the US Your briefing on the latest headlines from across the US SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Comcast has announced it …

Netflix hits 40 million users for ad-supported plan
7 months, 3 weeks ago

Netflix hits 40 million users for ad-supported plan

The Hindu  

Netflix said on Wednesday its ad-supported tier has reached 40 million global monthly active users, from 5 million a year earlier, a sign that its push to attract new users with the cheaper plan is paying off. Netflix's ad-tier plan costs $6.99 per month, compared with monthly plans of $9.99 from Warner Bros Discovery's streaming service Max and $7.99 for …

Netflix now has nearly 270 million subscribers after another strong showing to begin 2024
8 months, 3 weeks ago

Netflix now has nearly 270 million subscribers after another strong showing to begin 2024

Associated Press  

Netflix gained another 9.3 million subscribers to start the year while its profit soared with the help of a still-emerging expansion into advertising, but caught investors off guard with a change that will make it more difficult to track the video streaming service’s future growth. The strategy resulted in Netflix adding 30 million subscribers last year — the second largest …

How Netflix survived the streaming wars to stay the subscription video king
10 months ago

How Netflix survived the streaming wars to stay the subscription video king

LA Times  

Four years ago, Netflix was faced with a formidable challenge to its dominance. “Their competitors are so desperate to make money, they’re giving this content to Netflix,” said Jeffrey Wlodarczak, chief executive of Pivotal Research Group. In January, the streamer announced it would become the exclusive host to WWE’s weekly pro wrestling show “Raw” in 2025, which analysts say will …

It’s Surprisingly Easy to Live Without an Amazon Prime Subscription
11 months, 1 week ago

It’s Surprisingly Easy to Live Without an Amazon Prime Subscription

Slate  

This article is from Big Technology, a newsletter by Alex Kantrowitz. I still regularly buy things from Amazon with free shipping, but I’m happily out on Prime. Related From Slate How I Get High-Quality Workout Gear Without Paying Full Price After canceling Prime, I’ve been able to reevaluate the necessity of that ultra-fast, always-free shipping and have found it mostly …

Netflix to remove its cheapest ad-free subscription – as password crackdown pays off
11 months, 2 weeks ago

Netflix to remove its cheapest ad-free subscription – as password crackdown pays off

The Independent  

Sign up to our free weekly IndyTech newsletter delivered straight to your inbox Sign up to our free IndyTech newsletter Sign up to our free IndyTech newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. The holiday season gains - the biggest Netflix has posted in the fourth quarter - exceeded the …

Netflix's subscriber growth surges as streaming service unwraps best-ever holiday season results
11 months, 2 weeks ago

Netflix's subscriber growth surges as streaming service unwraps best-ever holiday season results

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Netflix registered its third-consecutive quarter …

2024 Is Going to Be a Rough Year for TV
11 months, 3 weeks ago

2024 Is Going to Be a Rough Year for TV

Wired  

Numbers tell the story, even if they’re not precise. “About 130”—that’s how many fewer shows Netflix reportedly released last year versus 2022. “Several hundred”—the estimate of how many people Amazon is said to be laying off in the company’s Prime Video and MGM Studios divisions. “Even though unions secured huge victories, writers and actors have returned to an industry that …

Netflix's password-sharing crackdown reels in subscribers as it raises prices for its premium plan
1 year, 2 months ago

Netflix's password-sharing crackdown reels in subscribers as it raises prices for its premium plan

The Hindu  

Netflix on Wednesday disclosed summertime subscriber gains that surpassed industry analysts’ projections, signaling the video streaming service’s crackdown on password sharing is converting former freeloaders into paying customers. This year’s subscriber inroads have been made despite entertainment labor strife centered in part on writers’ and actors’ complaints about unfairly low payments doled out by video streaming services such as Netflix. …

Netflix’s password-sharing crackdown reels in subscribers as it raises prices for its premium plan
1 year, 2 months ago

Netflix’s password-sharing crackdown reels in subscribers as it raises prices for its premium plan

Associated Press  

SAN FRANCISCO — Netflix on Wednesday disclosed summertime subscriber gains that surpassed industry analysts’ projections, signaling the video streaming service’s crackdown on password sharing is converting former freeloaders into paying customers. The $15.50 per month price for Netflix’s most popular streaming option in the U.S. will remain unchanged, as will a $7 monthly plan that includes intermittent commercials. This year’s …

The cheap streaming era is over. Here’s why your bills are going up
1 year, 2 months ago

The cheap streaming era is over. Here’s why your bills are going up

LA Times  

When a flood of streaming services entered the market four years ago, the free trials were plentiful and the prices were extremely low — with Apple TV+ selling for just $4.99 a month and Disney+ charging a mere $6.99 a month. Media companies are charging more as they struggle to transition from profitable but declining business models — like traditional …

Ad-free streaming: Amazon joins Netflix and Disney+ in offering ad-free experience
1 year, 3 months ago

Ad-free streaming: Amazon joins Netflix and Disney+ in offering ad-free experience

India TV News  

Amazon has disclosed its plans to introduce "limited Disney+ had previously announced its intentions to introduce an ad-supported service, while Netflix had launched a "basic with ads" streaming plan the previous year. Beginning early next year, Prime members in the UK, the US, Germany, and Canada will start encountering The company has assured its users that they can expect fewer …

Amazon’s Prime Video to incorporate commercials next year. Ad-free tier will cost $3 more
1 year, 3 months ago

Amazon’s Prime Video to incorporate commercials next year. Ad-free tier will cost $3 more

LA Times  

Amazon will be adding Amazon said Prime Video will have “meaningfully fewer ads than” traditional TV channels and other streaming services. The ads will launch in early 2024 in the U.S., the United Kingdom, Germany and Canada; as well as, later that year, Mexico, Australia and certain other European countries. The change reflects a larger shift in the entertainment industry, …

Netflix signups remain high, fuelled by password-sharing crackdown
1 year, 4 months ago

Netflix signups remain high, fuelled by password-sharing crackdown

The Hindu  

Signups for Netflix in the United States remain elevated despite a fall from June's record high after the video-streaming pioneer's crackdown on shared passwords came into effect in May, according to data from research firm Antenna. Attracting new subscribers and retaining old ones has become a tough task in the last few years as customers now have a surfeit of …

Netflix’s subscriber growth surge signals that password sharing crackdown is paying off
1 year, 5 months ago

Netflix’s subscriber growth surge signals that password sharing crackdown is paying off

The Hindu  

Netflix enjoyed its biggest springtime spurt in subscribers since the early days of the pandemic three years ago, providing the latest sign that a recent crackdown on password sharing and the rollout of a cheaper subscription option are paying off. Money manager Louis Navellier said Netflix now appears “locked and loaded” again after going through a turbulent stretch that included …

Netflix’s subscribers surge after password-sharing crackdown
1 year, 5 months ago

Netflix’s subscribers surge after password-sharing crackdown

Al Jazeera  

Streaming giant says it added nearly 6 million customers after restricting the sharing of accounts between households. Netflix has announced the addition of nearly six million new subscribers following its crackdown on password sharing. Both figures marked an improvement in Netflix’s fortunes compared with the first quarter, when the entertainment company reported 1.75 million new subscribers and a profit of …

Netflix’s subscriber growth surges in a sign that crackdown on password sharing is paying off
1 year, 5 months ago

Netflix’s subscriber growth surges in a sign that crackdown on password sharing is paying off

Associated Press  

SAN FRANCISCO — Netflix enjoyed its biggest springtime spurt in subscribers since the early days of the pandemic three years ago, providing the latest sign that a recent crackdown on password sharing and the rollout of a cheaper subscription option are paying off. Money manager Louis Navellier said Netflix now appears “locked and loaded” again after going through a turbulent …

Amazon explores ad-supported tier for Prime Video streaming service
1 year, 7 months ago

Amazon explores ad-supported tier for Prime Video streaming service

LA Times  

Amazon is exploring the launch of an ad-supported plan for its Prime Video streaming service, following a trend led by other rival outlets looking to boost revenue by adding commercials to their offerings. If it goes through with the plan, Prime Video, known for shows including “The Marvelous Mrs. Maisel,” would join a long list of streaming companies that offer …

Netflix expands password-sharing crackdown worldwide
1 year, 7 months ago

Netflix expands password-sharing crackdown worldwide

Deccan Chronicle  

SAN FRANCISCO: Netflix on Tuesday expanded its crackdown on users sharing passwords with people beyond their immediate family as it seeks to shore up revenue at the leading streaming television service. Netflix said early this year that more than 100 million households were sharing accounts at the service, "impacting our ability to invest in great new TV and films." As …

Netflix to charge an additional $8 month for viewers living outside U.S. subscribers' households
1 year, 7 months ago

Netflix to charge an additional $8 month for viewers living outside U.S. subscribers' households

The Hindu  

Netflix on May 23 outlined how it intends to crack down on the rampant sharing of account passwords in the U.S., its latest bid to reel in more subscribers to its video streaming service as its growth slows. Those who subscribe to Netflix's standard or premium plans— which cost $15.50 to $20 per month— will be able to allow another …

Netflix to charge an additional $8 month for viewers living outside US subscribers’ households
1 year, 7 months ago

Netflix to charge an additional $8 month for viewers living outside US subscribers’ households

Associated Press  

Netflix on Tuesday outlined how it intends to crack down on the rampant sharing of account passwords in the U.S., its latest bid to reel in more subscribers to its video streaming service as its growth slows. Those who subscribe to Netflix’s standard or premium plans — which cost $15.50 to $20 per month — will be able to allow …

Netflix cuts DVD-rental business 25 years after it launched the company
1 year, 8 months ago

Netflix cuts DVD-rental business 25 years after it launched the company

Daily Mail  

Netflix is saying goodbye to physical DVDs 25 years after its mail service disrupted the movie rental industry irrevocably. 'Those iconic red envelopes changed the way people watched shows and movies at home — and they paved the way for the shift to streaming,' a Netflix statement reads. After 25 years, Netflix is saying goodbye to the feature that made …

Netflix to end DVD-by-mail business. Execs explain ‘Love Is Blind’ snafu
1 year, 8 months ago

Netflix to end DVD-by-mail business. Execs explain ‘Love Is Blind’ snafu

LA Times  

Netflix’s DVD-by-mail service is coming to an end. “Our goal has always been to provide the best service for our members but as the business continues to shrink that’s going to become increasingly difficult,” Netflix co-Chief Executive Ted Sarandos wrote in a blog post. Popular Netflix series in the first quarter include action thriller “The Night Agent,” which has drawn …

Netflix cuts prices in some markets to lure more subscribers
1 year, 10 months ago

Netflix cuts prices in some markets to lure more subscribers

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Netflix isn't changing its prices in any of its …

Netflix not showing its new ad-free plan to some users: Know-why
2 years ago

Netflix not showing its new ad-free plan to some users: Know-why

India TV News  

Netflix, a streaming giant is reportedly hiding its cheapest ad-free plan from some users when they try to subscribe to the platform. Netflix launched the "Basic with Ads" plan on November 3 at $6.99 per month, compared to between $9.99 and $19.99 per month for an ad-free subscription. According to 9to5Mac, among the four ad-free plan options, the new ad-free …

Netflix rebounds from recent subscriber losses with 3Q gain
2 years, 2 months ago

Netflix rebounds from recent subscriber losses with 3Q gain

Associated Press  

SAN FRANCISCO — Netflix reversed its recent subscriber losses with a summertime gain that management is hoping to build upon with the upcoming launch of a cheaper version of the video streaming service that will include ads for the first time. Netflix now boasts 223 million subscribers, enabling the company to at least temporarily reclaim the mantle as the world’s …

Some good news for Netflix, with subscriber gains in the third quarter
2 years, 2 months ago

Some good news for Netflix, with subscriber gains in the third quarter

LA Times  

After two consecutive quarters of subscriber decline, Netflix said its prospects look brighter for the second half of the year as it prepares to launch a cheaper streaming plan with ads. For the record: This story was updated to correct the number of hours people watched “Dahmer — Monster: The Jeffrey Dahmer Story.” In its third quarter, Netflix’s “Dahmer — …

Almost 1M Brits have cancelled streaming subscriptions
2 years, 2 months ago

Almost 1M Brits have cancelled streaming subscriptions

Daily Mail  

Almost one million Brits have cancelled their subscriptions to video streaming services so far this year amid the cost-of-living crisis, a new report reveals. British households are giving up on services including Netflix, Amazon Prime Video and Disney+ to pay for energy, food and mortgage bills UK HOUSEHOLDS DITCH VIDEO STREAMING IN 2022 January-March: 215,000 April-June: 488,000 July-September: 234,000 Total: …

Netflix sets $7 monthly price for its ad-supported service
2 years, 2 months ago

Netflix sets $7 monthly price for its ad-supported service

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Please try again later {{ …

Netflix sets $7 monthly price for its ad-supported service
2 years, 2 months ago

Netflix sets $7 monthly price for its ad-supported service

Associated Press  

SAN RAMON, Calif. — Netflix next month will unveil the first version of its video streaming service with ads, giving cost-conscious viewers a chance to watch most of its shows at a steep discount in exchange for putting up with commercial interruptions. Netflix’s ad-supported option will also be rolling out in Australia, Brazil, Canada, France, Germany, Italy, Japan, Korea, Mexico, …

More people watch streaming services than traditional networks for the first month ever
2 years, 4 months ago

More people watch streaming services than traditional networks for the first month ever

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. “I knew it had to …

Why Amazon is Prime target for cancellation as households cut spending
2 years, 4 months ago

Why Amazon is Prime target for cancellation as households cut spending

The Telegraph  

The drop comes as Netflix fell by 210,000 year on year to 17.1m over the period. Sarah Simon, a Berenberg analyst, says consumers cutting back their spending are targeting their Amazon Prime subscription because most people buy it for free shipping. “The Amazon Prime Video content budget is also way smaller than Netflix. It is not aggressively marketed either.” It …

Netflix loses another 1 million subscribers in just three months
2 years, 5 months ago

Netflix loses another 1 million subscribers in just three months

Hindustan Times  

Netflix Inc said on Tuesday it lost 970,000 subscribers from April through June, averting the worst-case scenario projected by the company, but offered a forecast below Wall Street expectations for the current quarter. Netflix had warned in April that it expected to lose 2 million customers in the current quarter, shocking Wall Street and raising questions about its long-term growth …

Netflix's post-Covid slump continues: Streaming giant loses almost ONE MILLION subscribers
2 years, 5 months ago

Netflix's post-Covid slump continues: Streaming giant loses almost ONE MILLION subscribers

Daily Mail  

Netflix shares remain at historic lows after the US streaming giant shed nearly one million subscribers during the Spring due to its 'woke' content and rampaging inflation hurting millions of cash-strapped families in Europe and North America. Netflix shed 970,000 subscribers in April-June 2022 Though shares rose around 7% after the April-June results were published, they are still 66% down …

Netflix reports largest quarterly loss of nearly one million subscribers
2 years, 5 months ago

Netflix reports largest quarterly loss of nearly one million subscribers

The Independent  

Sign up to our free weekly IndyTech newsletter delivered straight to your inbox Sign up to our free IndyTech newsletter Sign up to our free IndyTech newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Netflix has reported a loss of about 970,000 subscribers in the last quarter …

Netflix Loses About 1 Million Subscribers In Q2; Still Less Than Anticipated Loss
2 years, 5 months ago

Netflix Loses About 1 Million Subscribers In Q2; Still Less Than Anticipated Loss

News 18  

Netflix lost almost 1 million subscribers during the spring amid tougher competition and soaring inflation that’s squeezing household budgets, heightening the urgency behind the video streaming services effort to launch a cheaper option with commercial interruptions. It could have been far worse, though, considering Netflix management released an April forecast calling for a loss of 2 million subscribers during the …

Netflix: Here is why Netflix lost around 10 lac subscriber
2 years, 5 months ago

Netflix: Here is why Netflix lost around 10 lac subscriber

India TV News  

Netflix: A popular video streaming platform has announced that it has lost around a million paid subscribers in the second quarter of 2022. In an official statement, Netflix said, "The second quarter was better-than-expected on membership growth, and foreign exchange was worse-than-expected, resulting in 9 per cent revenue growth." Netflix said it has 73.28 million paid subscribers in the US …

Advertisers were locked out of Netflix for years. Now they have big plans
2 years, 5 months ago

Advertisers were locked out of Netflix for years. Now they have big plans

Live Mint  

Netflix Inc. hasn’t said much about the advertising-supported service it is developing. “They give me exactly what I want when I don’t know what I want to watch," said Shiv Singh, chief marketing officer of online-lending platform LendingTree Inc., of Netflix’s show-recommendation engine. “One of the things Netflix does really well is personalizing," said Dara Treseder, Peloton’s chief marketing officer. …

Netflix confirms launching ad-supported cheaper subscription plans
2 years, 6 months ago

Netflix confirms launching ad-supported cheaper subscription plans

India Today  

Netflix’’s ad-supported subscription plans are not a figment of our imagination after all, the company has confirmed rolling them out soon. The company CEO Ted Sarandos has confirmed that it is planning to introduce an ad-supported tier to its list in an interview at the Cannes Lions advertising festival, The Hollywood Reporter confirms. “We’ve left a big customer segment off …

Netflix lays off hundreds of employees in second round of job cuts
2 years, 6 months ago

Netflix lays off hundreds of employees in second round of job cuts

Live Mint  

Netflix Inc said it laid off 300 employees, or about 4% of its workforce, in the second round of job cuts aimed at lowering costs after the streaming giant lost subscribers for the first time in more than a decade. "While we continue to invest significantly in the business, we made these adjustments so that our costs are growing in …

Netflix will no longer be an ad-free platform!
2 years, 6 months ago

Netflix will no longer be an ad-free platform!

India TV News  

Netflix has been in news for its bulk lay off- the reason being the loss of business in the recent pass. Ted Sarandos, Co-CEO at Netflix has confirmed during the Cannes Lions advertising festival that the future of the streaming giant will include ads, reports Hollywood Reporter. We're adding an ad tier for folks who say, 'Hey, I want a …

Apple and Amazon could dominate Hollywood if they wanted to. Why they haven’t, yet
2 years, 7 months ago

Apple and Amazon could dominate Hollywood if they wanted to. Why they haven’t, yet

LA Times  

This is the May 31, 2022, edition of the Wide Shot newsletter about the business of entertainment. In keeping with its image as the “everything store,” Amazon’s tastes have gravitated from its early highbrow niche phase to more middle-of-the-road fare like “Jack Reacher.” Apple’s entertainment business keeps people engaged on its devices and gives users something to see onscreen at …

Why free streaming channels like Pluto TV and Tubi have viewers watching commercials again
2 years, 7 months ago

Why free streaming channels like Pluto TV and Tubi have viewers watching commercials again

LA Times  

There’s a hot new buzzword in the streaming video business — it’s spelled f-r-e-e. “In some households, we’re the primary streaming service and people watch us for hours every day,” Tubi’s Massoudi said. “And I think they’re starting to see that.” For parent companies Fox and Paramount, the free streaming services offer advertisers a way to reach younger viewers who …

Netflix sacks 150 staff as streaming giant records drop in profits and subscribers
2 years, 7 months ago

Netflix sacks 150 staff as streaming giant records drop in profits and subscribers

ABC  

Netflix on Tuesday said it had sacked about 2 per cent of its staff in a belt-tightening move after growth slowed at the once-booming streaming television service. Key points: The majority of the 150 staff to be laid off are based in the United States The lay-offs come after the streaming giant recorded a drop to 221.6 million subscribers Netflix …

Cheaper Netflix subscription by the end of the year – but there's a catch
2 years, 7 months ago

Cheaper Netflix subscription by the end of the year – but there's a catch

The Telegraph  

Netflix is set to introduce adverts and crackdown on password sharing by the end of the year as it tries to pull in income amid slowing subscriptions. The streaming service behind global hit shows such as The Crown and Squid Game is preparing to launch its lower-priced subscription tier, supported by Netflix executives had previously announced they would introduce the …

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