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Clip sharing site Movieclips.com has launched in beta with a catalogue of more than 12,000 two-minute streaming clips.

Movieclips has struck licensing deals with six major Hollywood studios including 20th Century Fox, MGM, Paramount, Sony, Universal and Warner Bros.

The clips are available for free on an ad-supported network that links to third-party sites where users can rent or purchase full length films.

Movieclips features a video player that can be embedded in social networks like Facebook and MySpace, and shared on blogs, Twitter and other personal websites.

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