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European MEDIA Programme plans investment in VOD and digital

MEDIA 2007 is setting aside $5.4m(Euros 4m) this year to invest in Video On Demand and Digital Cinema Distribution. The money will be invested in six projects, with applications open until July 9 and services expected to be running by June 2008.'We think it is important that Europe gets off on the right foot and that we don't end as we did in DVD with an 80% US market share in DVD,' the Media Programme's Aviva Silver said. 'We want the European industry ...

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