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Remember last year when Adobe drastically reduced the pricing for it’s streaming video software? Boom, lot’s of video speed-dating applications.

Now, Adobe has announced a new initiative called Open Screen, which aims to make the company’s Flash multimedia technology ubiquitous on mobile and embedded devices. Adobe plans to eliminate the licensing fees required to distribute its own Flash player and AIR runtime implementations on mobile devices and will also remove licensing restrictions on the specifications for the FLV and SWF formats so that developers can create fully-compatible independent Flash player implementations.

Via Ars Technica. I wonder if Open Screen is going to unleash a similar slew of mobile social/dating startups? Kleiner Perkins has new $700M early-stage fund. What else do you need? Oh yes, and idea. Well I have lots of those for you.