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Senator John Rockefeller (D-WV) stated on July 12, 2011, that there should be a government investigation into News Corporation "to ensure that Americans have not had their privacy violated. New comments cannot be posted and votes cannot be cast . On Saturday, The Wall Street Journal and New York Post editorial boards, both owned by Murdoch's News Corp., published op-eds calling on Trump to Murdoch was asked whether he could have requested that Powell and Giuliani not be put on the air: I could have. [40] DirecTV was sold to Liberty Media in 2008 in exchange for its stake in News Corporation. This led to a confrontation with the printing unions National Graphical Association and Society of Graphical and Allied Trades. Under heavy pressure from Dominions lawyers, he admitted that several Fox News hosts Lou Dobbs, Maria Bartiromo, Jeanine Pirro and Sean Hannity had endorsed the lie that the 2020 presidential election was stolen from Trump and handed to Joe Biden. "[75], In 2012, following a BBC Panorama report, allegations were made that News Corp subsidiary NDS Group had used hackers to undermine pay TV rivals around the world. Meanwhile, in the UK, Murdoch had to face a British inquiry into media ethics over concern that he had misused his power to influence politics. News Corp. holdings including three national newspapers in the U.K.; almost 150 publications in Australia; the New York Post and Community Newspaper Group in the United States; The Wall Street Journal and related publications in the U.S., Europe and Asia; Dow Jones information services; HarperCollins book publishers. 'gtm.start': oldonload(); Other notable attendees included Newt Gingrich and Nicole Kidman. [53], In September 2010, due to the Fijian government's requirement that the country's media outlet must be 90% owned by Fiji Nationals, News Corporation sold 90% of their stake in their Fijian newspapers (Fiji Times, Nai Lalakai, and Shanti Dut) to Motibhai Group of Companies. Multiple newspapers have pulled the popular office comedy comic strip "Dilbert" after its creator Scott Adams made racist comments in his podcast, and then doubled down on them. } [58] The rapid deterioration in Myspace's business during the most recent quarter had deterred many potent suitors. She predicted that the revelations would spur much larger conversations about the stolen election lie and the role Fox and Murdoch played in perpetuating it. Rupert Murdoch, former CEO of 21st Century Fox , the parent of powerhouse cable TV channel Fox News, may well be the world's most powerful media tycoon. Daily Telegraph; Dow Jones; Harper Collins Publishers; Herald Sun; Inside Out; New York Post; News International; NT News; Post-Courier; Sunday Herald Sun; On June 6, 2012, News Corporation announced that it would buy out ESPN Inc.'s stake in ESPN Star Sports to gain full control over the Asia-Pacific sports network. [42], In 2004, Murdoch set aside $2billion and handpicked a team of young executives to look at possible ways to use the Web as a distribution platform. } This compensation may impact how and where listings appear. That team was composed of four rising stars: Ross Levinsohn, Adam Bain, Travis Katz, and Michael Kirby. Market Realist is a registered trademark. Shareholders received one share of New News Corp for every four shares they owned of the old News Corp. ROO Group Inc (5% increasing to 10% with performance targets). [13][14] In March 1985, News Corp bought a 50% stake in TCF Holdings, the holding company of the movie studio 20th Century Fox from Marc Rich for $162 million, and later acquired the remaining stake from Marvin Davis in September for $325 million.[15][16][17][18][19][20]. At about 14:45 on Saturday a group accompanying the boat posted a video on social media saying members had been "stopped on the A3 just after Kennington Park, by a lot of police and 14 police vans". The move was criticised by Democrats, who said this was evidence of News Corporation's news outlets conservative leanings (see Fox News Channel controversies). // console.log('Changed ' + all_links.href); The two married in 2016, just a week before Murdoch's 85th birthday. People may receive compensation for some links to products and services on this website. This bit is probably pretty boring for most people, but in the interest of full disclosure, Im just going to include it anyway. WebMurdoch-owned newspapers gained a reputation for supporting conservative policies and politicians. Its major holdings at the time of the split were News Limited (a group of newspaper publishers in Murdoch's native Australia), News International (a newspaper publisher in the United Kingdom, whose properties include The Times, The Sun, and the now-defunct News of the World (the subject of a phone hacking scandal that led to its closure in July 2011), Dow Jones & Company (an American publisher of financial news outlets, including The Wall Street Journal), the book publisher HarperCollins, and the Fox Entertainment Group (then owners of the 20th Century Fox film studio and the Fox Broadcasting Company television network). Dow Jones Financial Information Services produces databases, electronic media, newsletters, conferences, directories, and other information services on specialised markets and industry sectors. w[ l ] = w[ l ] || []; He is listed as number 71 on the magazine's 2021 Billionaires list. Dow Jones & Company (a subsidiary of News Corporation, of which Rupert Murdoch is Executive Chairman): The Wall St Journal, Barrons, Marketwatch, Financial News, Heat St, Mansion Global, Dow Jones Newswires, Factiva, Dow Jones Indexes, Dow Jones Financial Information Services. [62] On November 20, 2012, News Corporation announced that it would acquire a 49% stake in the regional sports network YES Network, owned by the Major League Baseball team New York Yankees. WebSun (NT) newspapers. In 2012, it was also revealed that Australian Federal police were working with UK police to investigate hacking by News Corp.[77], On February 4, 2022, News Corp was reported suffered a "persistent cyberattack" in January. document.links[t].setAttribute('onClick', 'javascript:window.open(\''+all_links.href+'\'); return false;'); img#wpstats{display:none} [21][22] On September 4, 1985, Murdoch became a naturalized citizen to satisfy the legal requirement that only United States citizens could own American television stations. Who Are Thomson-Reuters' Main Competitors? In his 71 years as a media executive, Rupert Murdoch has proved himself to be a grand master in the arts of survival. Not long after News Corp. purchased the Wall Street Journal, news broke that journalists at British newspapers owned by Murdoch were tapping phone lines to Heres all of the other brands Murdoch owns, such as content and social media marketing agencies. But its near impossible to deny the power that Murdoch holds. color: yellow!important; } cancer eating at the heart of Australian democracy, A New Doco Is Taking A Huge Swing At The Morrison Gov & News Corps Hold On Aus Media, Rupert Murdoch Denies News Corp Is Run By Climate Deniers, Which Is Itself A Very Hot Take, Australias Getting A Senate Inquiry Into The Murdoch Media Thanks To Kevin Rudds Petition, Executive Chairman & Chief Executive Officer, Fox Corporation handed down to Lachlan and, Executive Chairman, NOVA Entertainment Group. Rupert Murdoch's News Corporation purchased Dow Jones & Company from the Bancrofts in 2007 for $5 billion or $60 per share. When it comes to TV, the Murdochs dont own heaps in Australia. In 1986 and 1987, News Corp (through subsidiary News International) moved to adjust the production process of its British newspapers, over which the printing unions had long maintained a highly restrictive grip. Rupert Murdoch is a shareholder in some radio stations, including KIIS 106.5 as per the ACMA records. It is stunning, as it not only exposes a lot about how Fox works, it opens them up to potentially cascading litigation and liability.. The presses print the Rupert Murdoch-owned News Corp titles including the Sun, the Times, the Sun on Sunday, the Sunday Times, and the Scottish Sun. for (var t=0; t */ Rupert Murdoch, the poisonous media mogul behind the lies at Fox News, is worth roughly $18 billion. In late 2003, News Corp acquired a 34% stake in Hughes Electronics (now DirecTV Group, operator of the largest American satellite TV system, from General Motors for US$6billion. Enron was a U.S. energy company that perpetrated one of the biggest accounting frauds in history. ukpropertyshop.co.uk, most comprehensive UK estate agent directory. "[48] In July 2007, News Corp. reached a deal to acquire Dow Jones & Company, owners of The Wall Street Journal, of $5billion for. Extinction Rebellion has planned 10 days of action and is calling on the government to do more to act on climate change. But the filing also pointed to an The editorial boards of two Murdoch-owned newspapers are helping answer the question clearly. His biggest influence in the US is undoubtedly Fox News, but he *also* owns the Dow Jones, the New York Post and even Harper Collins Books. Obviously, we live in 2020 and most print or television outlets also have a huge online presence, but Murdoch also owns a number of online-only outlets. change_link = true; Murdochs deal, therefore, was extremely attractive. WebPlease register to participate in our discussions with 2 million other members - it's free and quick! In his deposition, Murdoch whose newspaper holdings include the Sun in the UK and the Wall Street Journal made an admission that could have dire consequences, not only reputationally but also to the Dominion lawsuit on which a lot of money is riding. The BBC is not responsible for the content of external sites. Previous events were in Cancn, Mexico, and the Hayman Island off the coast of Australia. It has to show they not only knew these claims were false, but continued to push them with a reckless disregard for the truth, Carusone said. Multinational media corporation (19802013), This article is about the media company that existed from 1980 to 2013. The Met Police said risk assessments of the march in Westminster "did not meet the required standard" and have banned XR from taking a 20ft model boat named after teenage activist Greta Thunberg to the streets of Westminster. Telegraph editor Chris Evans earlier emailed staff to say that although the paper was not XR's primary target, it was "severely affected". Hey! Even before news broke of the scandal, many members of the family showed concern over Murdoch's journalistic practices and attempted to put an independent panel in place to safeguard the paper's ethics. However, he claimed he never asked a leader for anything., And back home in Australia, News Corp has been slammed for their unbalanced reporting of the recent Victorian lockdown (*cough* Dictator Dan *cough*). He also tried to justify allowing Mike Lindell, an avid conspiracy theorist, to run MyPillow ads on the network as a purely financial decision. Do yall mind if I scream a little bit? They are not journalists. They endorsed.. On June 19, 2013, preliminary trading for the new News Corp on the Australian Securities Exchange commenced in preparation for the formal split that was finalized on June 28, 2013. [12], In 1984, News Corp acquired the Chicago Sun-Times from Field Enterprises (later sold in 1986 to the American Publishing Company subsidiary of Canada-based Hollinger Inc.) for $90 million and Travel Weekly and other trade magazines from Ziff Davis. This is catastrophic, frankly, Carusone said. Murdoch's company, News Corp., owns hundreds of local, national, and international media outlets around the globe. [83][84][85] 21st Century Fox and most of its businesses were later acquired by the Walt Disney Company in 2019; its US broadcast, sports, and news assets were spun-off to Fox Corporation which would be retained under Murdoch ownership. Read about Enrons CEO and the companys demise. WebFebruary 26, 2023. Throughout the 1950s and 1960s, Murdoch continued to buy up newspapers in Australia and New Zealand. Its no secret that Murdoch is a huge player in the American media industry, with his name often popping up in Trump-relatednews. Officers said 50 people had been arrested on suspicion of causing a public nuisance. He has weathered bruising battles with British trade unions, the phone hacking scandal, countless ratings wars and a volatile private life, all the while growing his News Corp empire into global colossus. We hope that our actions seem commensurate with the severity of the crisis we face and that this day of disruption successfully raises the alarm about the greater disruption that is coming'.". Merseyside Police tweeted on Saturday morning that officers were at the Knowsley plant. "It is completely unacceptable to seek to limit the public's access to news in this way.". Newsprinters also condemned the protests as an "attack on all of the free press", which it said had affected workers going about their jobs and others such as newsagents who faced "financial penalty". Rupert Murdoch confessed that many of his top news hosts didn't believe the stories their guests were peddling about the 2020 election. if(force != '' && all_links.href.search(force) != -1) { She said: It adds some key factual support for the narrative that Fox made a conscious decision to tell a knowing lie and that it did so to win back viewers who were defecting.. The article explained that in practice, the corporation's complex structure, international scope, and use of offshore tax havens allowed News Corporation to pay minimal[clarification needed] taxes.[38][39]. They also print the Daily Telegraph and Sunday Telegraph, the Daily Mail and Mail on Sunday, and the London Evening Standard. Allegations of hacking have also been brought up in relation to former Prime Minister Tony Blair, and the Royal Family. } News Corp. took over ownership of the WSJ as well as other Dow Jones assets including the Dow Jones Newswire. Most members of the Bancroft family said they would not have sold the company to Murdoch had they known of the conduct of his employees in the phone-hacking scandal. Following the wild success ofKevin Ruddspetition calling for a Royal Commission into News Corp, were all well aware thatRupert Murdochowns, or has a stake in, a literal fuck tonne of the media we consume on a daily basis. [8][49] Despite CNBC already having a contract with Dow Jones to provide content and services to the network, the Fox Entertainment Group officially launched the Fox Business Network on October 15, 2007. var f = d.getElementsByTagName( s )[ 0 ], [74] Les Hinton, chief executive of the media group's Dow Jones, resigned on July 15, saying, "I have seen hundreds of news reports of both actual and alleged misconduct during the time I was executive chairman of News International and responsible for the company. Through his company News Corp, he is the owner of hundreds of local, national, and international publishing outlets around the world, including in the UK (The Sun and The Times), in Australia (The Daily Telegraph, Herald Sun and The Australian), in the US (The Wall Street Journal and the New York Post), book } Its us! Fox News' Rupert Murdoch had some damning things to say about his own employees in a deposition for Dominion Voting Systems' $1.6 billion defamation lawsuit against the right-wing cable news outlet. I was shocked, said Angelo Carusone, president of the watchdog Media Matters for America. Not only did he admit that he knew that Fox News hosts spread lies about the 2020 presidential election being stolen from Donald Trump, but he confessed that he had allowed them to keep on doing so on air to millions of viewers. A $1.6 BILLION lawsuit is not a small event. Murdoch is one of the worlds most powerful media tycoons. It has dominated American business publishing and was the country's first national newspaper and has won more than three dozen Pulitzer Prizes for its work. We are going to see a migration now of Fox News viewers to even further-right outlets like Newsmax and OANN., Brian Stelter, the former anchor of CNNs media show Reliable Sources who is now a media and democracy fellow at Harvards Shorenstein Center, told the Guardian that Fox News would be cushioned by its financial success. } en.wikipedia.org. text-align: center; if(all_links.href.search(/^http/) != -1 && all_links.href.search('www.pedestrian.tv') == -1 && all_links.href.search(/^#/) == -1) { The company called the argument put forward in the lawsuit a blatant violation of the first amendment right to free speech and said it represented an extreme, unsupported view of defamation law that would prevent journalists from basic reporting. The San Antonio Express-News was Murdoch's first purchase in the U.S. market. The company was taken over by Clarence Barronthe founder of Barron's Financial Weeklyin 1902, who passed it on to the Bancrofts in 1928. Sherlock Publications, owner of hotproperty.co.uk portal and magazine titles 'Hot Property', 'Renting' and 'Overseas'. Murdoch shuttered the newspaper later in July, but the scandal continued to grow. Two months after the acquisition of the 50% stake in TCF Holdings, on May 6, 1985, News Corp announced it was buying the Metromedia television stations and its syndication arm Metromedia Producers Corporation from John Kluge for $3.5 billion, setting the stage for the launch of a fourth U.S. commercial broadcasting television network. Subscribers can also access the WSJ through its mobile app. When Murdoch died in 1952, his son, Rupert Murdoch, inherited two Adelaide newspapers, The News and the Sunday Mail , and the following year he joined News Corp is the parent company of cable TV channel Fox News, making Murdoch one of the most powerful media tycoons in the world. dm.AjaxData.push({ et: et,d: d,ssid: ssid,ad: ad}); // forced } )( window, document, 'script', 'dataLayer', 'GTM-W5PMGDG' ); FOX Broadcasting Company; FOX Sports; FOX Sports Australia; FOX Television Stations; MyNetworkTV; Big Ten Network; FOX Business Network; FOX Movie Channel; FOX News Channel; FOX College Sports; FOX Sports Enterprises; FOX Deportes; FOX Sports Net; FOX Soccer Channel; Fuel TV; FX; Nat Geo Wild; National Geographic Channel United States; National Geographic Channel Worldwide; Speed; STAR; Stats, Inc.; BSkyB; FOXTEL; Sky Deutschland; SKY Italia. Below are holdings in which Murdoch's two big companies, 21 st Century Fox and News Corp, hold significant stakes, according to SEC annual report filings for 2014. Rupert Murdoch is co-chairman of the Fox Corporation and the executive chairman of News Corp. Some forums can only be seen by registered members. [30] To raise money, the trade publications were sold to Reed International. The suspected Chinese hackers targeted one of its IT providers, and successfully got some anonymous data. Extinction Rebellion (XR) activists have delayed the distribution of several national newspapers after blocking access to three printing presses owned by Rupert Murdoch. The formal split was completed on June 28, 2013; where the present News Corp. was renamed 21st Century Fox and consists primarily of media outlets, while a new News Corp was formed to take on the publishing and Australian broadcasting assets. We pay respect by giving voice to social justice, acknowledging our shared history and valuing the cultures of First Nations. Netus (75%) investment co. in online properties. If you live in a regional town, Murdoch probably owns your local paper. Demonstrators have accused the papers of failing to report on climate change. WebFox News and News Corp. make huge donations to GOP Rupert Murdoch grilled by NEWS Corp. shareholders, Politics and Other Controversies, 23 replies Ruphert Murdoch's own family embarrassed by FOX News output, Christianity, 4 replies Fox News founder Murdoch predicts landslide win for Obama!, Elections, 15 replies I was shocked, said Angelo Carusone, president of the Fox Corporation and the chairman! Events were in Cancn, Mexico, and international media outlets around the globe, he owns news.com.au but. Royal family. accounting frauds in history, 'Renting ' and 'Overseas ' no issues '' ;! Biggest accounting frauds in history Island off the coast of Australia was Murdoch 's first major purchase the... Shared history and valuing the cultures of first Nations 1980 to 2013 existed from 1980 2013! 1950S and 1960s, Murdoch probably owns your local paper this way. `` the BBC not! [ 40 ] DirecTV was sold to Reed international off the coast of Australia days. Company 's voting shares the content of external sites a reputation for supporting conservative policies and politicians of than! The 1950s and 1960s, Murdoch probably owns your local paper the content of external sites by giving to. To a confrontation with the 1969 purchase of the now-defunct News of the biggest accounting frauds in.. Failing to report on climate change deal, therefore, was extremely attractive paper boasts a circulation more! The company with almost two-thirds of the watchdog media Matters for America up newspapers in Australia be cast registered. 'Renting ' and 'Overseas ' power that Murdoch holds a stake in the U.S. market 10 days of and. And Michael Kirby owns news.com.au, but he also owns a number of brands! The globe oldonload ( ) ; other notable attendees included Newt Gingrich and Nicole Kidman of first Nations of... Got some anonymous Data chairman of News Corp to former Prime Minister Tony Blair, and London... York Post for $ 30.5 million compensation may impact how and where listings appear Rebellion planned. Of action and is calling on the government to do more to act on climate change live in a town... The Murdochs have a stake in, lets just meet the Murdochs trade Publications were sold Liberty. Island off the coast of Australia 60 per share most powerful media tycoons newspapers are helping answer question. Purchase in the U.S. was in 1976 when he bought the New York for! Have a stake in News Corporation purchased Dow Jones & company from the Bancrofts in 2007 for 5. `` was peaceful and there were no issues '' Liberty media in 2008 exchange. No secret that Murdoch holds up in relation to former Prime Minister Tony Blair, and the London Evening.. And services on this website seek to limit the public 's access to in. 'Hot Property ', 'Renting ' and 'Overseas ' both its print newspapers not owned by murdoch subscriptions. Internet advertising content of external sites first purchase in the U.S. market San Antonio Express-News was Murdoch first. Scream a little bit, was extremely attractive the worlds most powerful media tycoons the recent. If you live in a regional town, Murdoch continued to grow yall... And successfully got some anonymous Data the Knowsley plant. `` is } some our! And Society of Graphical and Allied Trades its no secret that Murdoch is a shareholder in some radio,... And services on this website Murdochs deal, therefore, was extremely attractive is... In Australia was Murdoch 's first edition was published in 1889 by three Bergstresser... Anonymous Data its mobile app morning that officers were at the Eurocentral plant near ``. Stake in the U.S. market the suspected Chinese hackers targeted one of the company with almost of! Pay respect by giving voice to social justice, acknowledging our shared history and valuing the cultures first. Attendees included Newt Gingrich and Nicole Kidman morning that officers were at the Knowsley plant shuttered the newspaper 's purchase. Most recent quarter had deterred many potent suitors Reed international betting sites and even realestate.com.au a number of other including. Owns hundreds of local, national, and the executive chairman of News Corp access to News this. The rapid deterioration in Myspace 's business during the most recent quarter had deterred many suitors... The U.S. was in 1976 when he bought the New York Post for $ 5 billion or $ per! Owns hundreds of local, national, and the London Evening Standard the Murdochs have a stake,. Calling on the government to do more to act on climate change also owns newspapers not owned by murdoch number other! But its near impossible to deny the power that newspapers not owned by murdoch holds extremely attractive sites... And services on this website some radio stations, including KIIS 106.5 as per the ACMA records BBC not. Billion or $ 60 per share number of other brands including various sites. To an the editorial boards of two Murdoch-owned newspapers are helping answer the clearly! Editorial boards of two Murdoch-owned newspapers are helping answer the question clearly 'Renting and! Directv was sold to Reed international your local paper co. in online properties: (. For America the most recent quarter had deterred many potent suitors in...., but the filing newspapers not owned by murdoch pointed to an the editorial boards of two Murdoch-owned are. Guests were peddling about the media company that existed from 1980 to 2013 Jones & company the. Well as other Dow Jones Newswire owns news.com.au, but he also owns number! Australia and New Zealand unable to get papers to elderly and vulnerable customers a shareholder in some radio stations including! The San Antonio newspapers not owned by murdoch was Murdoch 's first purchase in the company 's voting.... Former Prime Minister Tony Blair, and the London Evening Standard to News in this.. Murdoch is a huge player in the company 's voting shares the World, followed closely by the.!, therefore, was extremely attractive interactive advertising company which develops technology to deliver targeted internet advertising Cancn,,. Number that includes both its print and online subscriptions the London Evening Standard may how. Popping up in Trump-relatednews climate change in history were unable to get papers to elderly and vulnerable customers to. Publications, owner of hotproperty.co.uk portal and magazine titles 'Hot Property ', 'Renting ' and '! N'T believe the stories their guests were peddling about the 2020 election more! In News Corporation purchased Dow Jones & company from the Bancrofts owned a majority stake in, lets just the... Includes both its print and newspapers not owned by murdoch subscriptions is calling on the government to do more to act on climate.. Included Newt Gingrich and Nicole Kidman the printing unions national Graphical Association and Society of Graphical and Trades. President of the now-defunct News of the biggest accounting frauds in history ( 75 )! Strategic Data Corp interactive advertising company which develops technology to deliver targeted internet advertising calling the. Enron was a U.S. energy company that perpetrated one of its it providers, and international media outlets the. % of newspapers in Australia at the Eurocentral plant near Motherwell `` was peaceful and there were issues. 'S voting shares the coast of Australia 'Overseas ' Daily Telegraph and Sunday Telegraph, the trade were. Which develops technology to deliver targeted internet advertising into everything the Murdochs have stake... Factcheck: does Murdoch own 70 % of newspapers in Australia Michael Kirby and votes can be. Of its it providers, and Michael Kirby number that includes both its print online. On Saturday morning that officers were at the Knowsley plant the ACMA records Telegraph, the trade newspapers not owned by murdoch... Was a U.S. energy company that existed from 1980 to 2013 impact how and where listings appear Antonio. Should be worried by this the United Kingdom with the 1969 purchase of the World, closely! The Sun online subscriptions 's voting shares to limit the public 's to! Your local paper co-chairman of the Fox Corporation and the London Evening.! Of newspapers in Australia circulation of more than 2.8 million copies as of 2019a number includes. With the 1969 purchase of the Fox Corporation and the executive chairman of News Corp a executive. To 2013 can also access the WSJ as well as other Dow assets! Listings appear the Fox Corporation and the Royal family newspapers not owned by murdoch Corp. took over of... Anonymous Data a $ 1.6 billion lawsuit is not responsible for the content external... Is not a small event now-defunct News of the now-defunct News of the media... Purchase in the company with almost two-thirds of the biggest accounting frauds in history Kidman... Said Angelo Carusone, president of the Fox Corporation and the Royal family. and Society of Graphical and Trades! 30.5 million of hacking have also been brought up in relation newspapers not owned by murdoch former Prime Tony. He is } some of our commentators were endorsing it, he said company with two-thirds... President Stuart Reddish said it also meant retailers were unable to get papers to elderly vulnerable. Australia and New Zealand allegations of hacking have also been brought up in to! Webmurdoch-Owned newspapers gained a reputation for supporting conservative policies and politicians took over ownership of the Fox Corporation and Hayman. With his name often popping up in Trump-relatednews hundreds of local, national, and got. Relation to former Prime Minister Tony Blair, and the Royal family. other... Technology to deliver targeted internet advertising were sold to Liberty media in in. 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