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, Spain and the U.K., according to a Thursday post by the company’s chief operating officer, Greg Peters. Besides putting up with roughly four to five minutes of ads during each hour of viewing, Netflix subscribers who sign up for the cheaper service also won’t be able to download TV shows and movies to watch when their devices are offline. Netflix’s 15-year-old streaming service has until now been commercial free, but the Los Gatos, California, company decided to head in a new direction six months ago after reporting its first loss in subscribers in more than a decade.

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Netflix says ad-supported plan now has 70 million monthly active users
1 month, 1 week ago

Netflix says ad-supported plan now has 70 million monthly active users

LA Times  

Baltimore Ravens quarterback Lamar Jackson in action during the first half of an NFL football game against the Tennessee Titans in 2020 in Baltimore. Netflix said Tuesday that it had reached 70 million monthly active users on its ad-supported plan, two years after launching its cheaper subscription tier that includes commercials. Netflix said it had sold out of the in-game …

Netflix's Price-Hiking Dilemma: Will the Streaming Giant Raise the Price?
2 months ago

Netflix's Price-Hiking Dilemma: Will the Streaming Giant Raise the Price?

Live Mint  

Netflix delivers strong third-quarter results, with an operating profit of $2.9 billion, exceeding Wall Street expectations. The company's stock rose 5% following the announcement, indicating a positive outlook despite some concerns about price hikes. While Netflix's ad-supported plan remains competitive, the company is exploring alternative revenue streams, including increased membership and the return of traditional advertising. Despite the challenges of …

Netflix adds 5 million subscribers and beats Wall Street’s profit expectations
2 months, 1 week ago

Netflix adds 5 million subscribers and beats Wall Street’s profit expectations

LA Times  

Lily Collins as Emily clutches Lucas Bravo as Gabriel in an episode of Netflix’s “Emily in Paris.” Streaming giant Netflix has proved there are still legs left in its membership growth, reporting 5 million new subscribers in its third quarter for a total of 282.7 million global members. Netflix’s performance in the third quarter was buoyed by original programming, including …

Netflix fans furious after being told they must pay more to watch certain shows and movies
2 months, 3 weeks ago

Netflix fans furious after being told they must pay more to watch certain shows and movies

Daily Mail  

An aggravated Netflix user was shocked to learn that subscribers to the streaming platform can't watch certain movies or shows unless they upgrade their memberships. Some Netflix users have been complaining about locked content since last year Netflix explained the reason behind its decision to lock some content to certain subscribers. The $6.99-a-month Standard with ads plan allows streamers to …

Netflix’s subscriber and earnings growth on the rise as password-sharing crackdown pays off
5 months 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 has a plan to get you paying more for a subscription
5 months ago

Netflix has a plan to get you paying more for a subscription

Daily Mail  

Netflix will begin phasing out its most affordable ad-free option, the company announced Thursday. The streaming giant had already stopped accepting new customers for the Basic plan, which costs $11.99 per month, last October. Basic plan users seeking an ad-free experience on Netflix will now have two options: the Standard plan at $15.49 per month or the Premium plan that …

Netflix’s subscriber and earnings growth gather more momentum as password-sharing crackdown pays off
5 months 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 Sees Biggest Drop In User Addition As Password Sharing Issues Take A Toll
5 months ago

Netflix Sees Biggest Drop In User Addition As Password Sharing Issues Take A Toll

News 18  

– Netflix likely added the fewest number of subscribers in five quarters during April-June as sharp gains following a crackdown on password sharing ebbed and viewer attention moved to summer sporting events including the Euro soccer tournament. Netflix's original shows such as the historical romance "Bridgerton" and the limited series "Baby Reindeer" – based on comedian Richard Gadd's experience with …

Netflix increases prices for ad-free streaming: All you need to know
5 months, 2 weeks 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
5 months, 3 weeks 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 …

Netflix fans upset over new adverts that cut characters off mid-sentence
5 months, 3 weeks ago

Netflix fans upset over new adverts that cut characters off mid-sentence

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 subscribers are upset that …

Will Netflix get into the TV news business? Here are the pros and cons
6 months, 2 weeks ago

Will Netflix get into the TV news business? Here are the pros and cons

LA Times  

After embracing sports and commercials, is news the next step for Netflix? After diving into sports, news could be a logical next step for the company as it seeks to become viewers’ one-stop shop for TV viewing. These are not firm lines in the sand.” Still, veterans of the TV news business have some advice for Netflix: don’t do it. …

Netflix hits 40 million users for ad-supported plan
7 months, 1 week 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 wants us to stop obsessing over subscriber numbers. What that says about the company
8 months ago

Netflix wants us to stop obsessing over subscriber numbers. What that says about the company

LA Times  

If you run a streaming service and you want Wall Street analysts and investors to stop caring so much about your subscriber numbers, you have a couple of options. Instead, Netflix would prefer that the market judge its business based on metrics including sales and free cash flow, which is a better indicator of the company’s overall health. And if …

Netflix now has nearly 270 million subscribers after another strong showing to begin 2024
8 months 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
9 months, 2 weeks 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 …

Netflix to remove its cheapest ad-free subscription – as password crackdown pays off
10 months, 4 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 gains 13M new global 4Q subscribers as it unwraps its best-ever holiday season results
11 months ago

Netflix’s gains 13M new global 4Q subscribers as it unwraps its best-ever holiday season results

Associated Press  

SAN FRANCISCO — Netflix registered its third-consecutive quarter of accelerating subscriber growth in the final three months of 2023, closing out a comeback year that included a crackdown on viewers freeloading on the video-streaming service and a smattering of price hikes. Netflix signaled it will try to justify the higher subscription prices — and perhaps reel in more advertisers to …

2024 Is Going to Be a Rough Year for TV
11 months, 1 week 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 says its ad-supported plan now has 15 million monthly active users
1 year, 1 month ago

Netflix says its ad-supported plan now has 15 million monthly active users

LA Times  

Netflix says its ad-supported tier has increased to 15 million global monthly active users a year after the plan’s launch. Netflix on Wednesday said its ad-supported tier has increased to 15 million global monthly active users a year after the plan’s launch, triple the amount that the Los Gatos, Calif.-based streaming video giant disclosed in May. Monthly active users would …

Apple raises prices for Arcade gaming subscription service, AppleTV+ streaming
1 year, 1 month ago

Apple raises prices for Arcade gaming subscription service, AppleTV+ streaming

Associated Press  

CUPERTINO, Calif. — Apple Inc. is raising the prices for its AppleTV+ streaming and Arcade gaming plans as well as its bundled Apple One service that includes streaming, music and other subscriptions. Apple said the price increases will affect the U.S. and “select international markets.” “Existing subscribers will see these price increases 30 days later, on their next renewal date. …

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 raises prices as it adds 9 million subscribers
1 year, 2 months ago

Netflix raises prices as it adds 9 million subscribers

The Hindu  

Netflix raised subscription prices for some of its streaming plans in the United States, Britain and France on Wednesday as it shattered new customer expectations, sending its shares soaring 10%. The company picked up nearly 9 million new customers around the globe, surpassing the 6 million consensus forecast of Wall Street analysts surveyed by LSEG. Investors welcomed the news, sending …

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 …

Netflix adds 9 million subscribers in third quarter despite Hollywood strikes
1 year, 2 months ago

Netflix adds 9 million subscribers in third quarter despite Hollywood strikes

LA Times  

A fighting scene from the Netflix series “One Piece,” which was released in the third quarter. Netflix added 9 million subscribers during the third quarter, the Los Gatos, Calif., streaming video giant said Wednesday, citing popular original shows and older licensed content, as well as the company’s crackdown on password sharing and its budding advertising business. During the third quarter, …

Netflix may tap price hikes after success of password-sharing crackdown
1 year, 2 months ago

Netflix may tap price hikes after success of password-sharing crackdown

The Hindu  

Netflix's crackdown on password-sharing likely boosted subscribers by about 6 million in the third quarter and the streaming pioneer is expected to set the stage for price increases when it reports earnings on Wednesday. The only profitable major streamer, Netflix has resisted joining rivals like Walt Disney in hiking ad-free prices this year and instead curbed password-sharing outside households to …

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 …

Netflix UK sales grow as it gains more and higher-paying subscribers
1 year, 2 months ago

Netflix UK sales grow as it gains more and higher-paying 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. Read our privacy policy Netflix UK has revealed its …

Netflix plans to charge users more after Hollywood actors strike ends: Report
1 year, 2 months ago

Netflix plans to charge users more after Hollywood actors strike ends: Report

The Hindu  

Netflix plans to charge users more for an ad-free viewing experience on its platform after the ongoing Hollywood actor strikes come to an end, reported the Wall Street Journal on Tuesday. Federal Trade Commission Chair Lina Khan in August had also remarked on how streaming giants were increasing their subscription prices while writers, producers, and showrunners were making less money …

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 Prime Video will start running commercials starting in early 2024
1 year, 3 months ago

Amazon Prime Video will start running commercials starting in early 2024

NPR  

Amazon Prime Video will start running commercials starting in early 2024 Enlarge this image toggle caption Patrick T. Fallon/AFP via Getty Images Patrick T. Fallon/AFP via Getty Images Amazon Prime Video unveiled plans to introduce Known for popular original programming like The Marvelous Mrs. Maisel and The Summer I Turned Pretty, Amazon Prime Video will offer two tiers of subscriptions …

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 …

Disney streaming service sees subscribers fall again
1 year, 4 months ago

Disney streaming service sees subscribers fall again

The Hindu  

Disney on Wednesday reported a loss for the most recent quarter, with the number of subscribers to its streaming service shrinking again, but a pledge to crack down on password sharing sent shares higher in after-market trades. The falling Disney+ subscriber numbers - for the third consecutive quarter - came as a major writers and actors strike hits the U.S. …

Disney to boost prices for ad-free Disney+ and Hulu services and vows crackdown on password sharing
1 year, 4 months ago

Disney to boost prices for ad-free Disney+ and Hulu services and vows crackdown on password sharing

Associated Press  

Walt Disney Co. CEO Bob Iger vowed to make its streaming services profitable via a planned October price hike on its ad-free Disney+ and Hulu plans and a crackdown on password sharing expected to extend through next year. “We’re obviously trying with our pricing strategy to migrate more subs to the advertising supported tier.” Iger didn’t provide details about the …

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 …

Netflix adds 5.9 million subscribers. Ted Sarandos says strike ‘not an outcome that we wanted’
1 year, 5 months ago

Netflix adds 5.9 million subscribers. Ted Sarandos says strike ‘not an outcome that we wanted’

LA Times  

Netflix saw a significant boost in new customers, thanks to its crackdown on password-sharing in more than 100 countries including the U.S., as well as its advertising-supported tier. The Los Gatos, Calif.-based streamer added 5.89 million subscribers in the second quarter, after pressuring nonpaying users to sign up for their own plans or risk losing access to their favorite Netflix …

Hollywood Strike: Netflix shielded by global crew, strong pipeline
1 year, 5 months ago

Hollywood Strike: Netflix shielded by global crew, strong pipeline

The Hindu  

Netflix investors will assess risks from the ongoing strike in Hollywood when the company reports quarterly results on Wednesday, but analysts said it was well positioned due to its solid pipeline of shows and international production crew. Netflix's international production capabilities are a "huge differentiator", and a lot of their content comes from countries that are not involved in the …

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 starts password sharing crackdown: Additional Member to pay $8 per month
1 year, 7 months ago

Netflix starts password sharing crackdown: Additional Member to pay $8 per month

India TV News  

Netflix has recently implemented stricter measures against password sharing, requiring an additional fee of $7.99 per month for each additional member outside of one's household who wishes to use the service. In an official statement, Netflix said: "Starting today, we will be sending this email to members who are sharing Netflix outside their household in the United States.” Image Source …

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 revenue highlights limited impact of price cuts
1 year, 8 months ago

Netflix revenue highlights limited impact of price cuts

The Hindu  

In December 2021, Netflix cut its prices, with its mobile plan price set at ₹149 and its single-screen Basic plan slashed from ₹500 to ₹199. On a foreign exchange neutral basis, Netflix’s revenue growth in India stood at 19% in 2021, and after the price cut, increased to 24% in 2022, the company said in its quarterly letter to shareholders …

Netflix slashes subscription rates in 116 countries following success in India
1 year, 8 months ago

Netflix slashes subscription rates in 116 countries following success in India

ABP News  

Netflix is revising its subscription rate across 116 counties following similar price cuts in India helped the company to grow user engagement and accelerate its revenue. The company its first-quarter earnings for 2023 said that in India low priced subscriptions saw a 30 per cent growth in customer engagement and 24 per cent revenue growth year-on-year. The OTT giant in …

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 reports mixed earnings as password crackdown set to expand
1 year, 8 months ago

Netflix reports mixed earnings as password crackdown set to expand

Live Mint  

Netflix Inc beat Wall Street earnings estimates for the first quarter but offered a lighter-than-expected forecast on Tuesday, demonstrating the challenges the mature streaming service faces in its pursuit of growth. Netflix earnings The company began rolling out its solution for password-sharing - offering a "paid sharing" option - in 12 countries in February but is delaying expansion. Netflix also …

Netflix to tighten restrictions on password-sharing
1 year, 8 months ago

Netflix to tighten restrictions on password-sharing

Live Mint  

Netflix is set to crack down on US customers who share their accounts with others, with plans to charge such users, in a move that could see an increase in growth in the latter half of the year. The streaming giant has been testing ways to reduce account sharing in Latin America, where it has already rolled out a plan …

Netflix reports a first-quarter burst in subscriber growth
1 year, 8 months ago

Netflix reports a first-quarter burst in subscriber growth

Associated Press  

SAN FRANCISCO — Netflix began the year with another burst in subscriber growth that eclipsed analysts’ projections for the third consecutive quarter, providing further evidence the video streaming service has regained its momentum after a jarring downturn in customers prompted a shake up. Although the subscriber increase was smaller than Netflix has historically reported for the first quarter, it was …

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