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Chellomedia takes 25% stake in UK-based Shorts International

Liberty Global's European content division Chellomedia has acquired a 25% stake in London-based Shorts International.The deal is done by subsidiary LGI Ventures BV, which specialized in minority investments. Financial terms were not disclosed, but Chellomedia will have a non-executive director on the board of Shorts International.Shorts International's projects include channel ShortsTV, mobile phone platforms and short films available on Joost and iTunes. ...

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