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Magnussen started Hollywood-based Ripe Digital Entertainment in 2003 and closed it in 2009, after selling Zentropy to Interpublic Group for $50 million in 1999, according to the Wall Street Journal.
Steven Marrs (born March 11, 1967 in Landstuhl, Germany) was hired by the the Momentum Worldwide group of companies owned by Interpublic Group (NYSE:IPG) to start the Momentum Entertainment Group (MEG) and serve as President.