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ZEFR Sells Rights Management Assets To Vobile For $90M

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According to Vobile, it will open up a new office in Los Angeles as a result of the acquisition, with approximately 100 employees. The sale is not the first for ZEFR, which got its start posting licensed movie clips to YouTube. It sold that business, Movieclips.com, in 2014, to Fandango. ZEFR is backed by IVP, U.S.

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