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Shockwave Buys Webcaster

By BroadCasting & Cable Staff -- Broadcasting & Cable, 12/17/2000 7:00:00 PM

Macromedia's Shockwave.com will acquire indie films Webcaster AtomFilms in a stock swap. AtomFilms shareholders will get 30% of the company. The Shockwave.com animation/gaming site currently claims 30 million registered users.

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