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Watermark can be added only using the commercial license because Flashphoner watermark will be added to all streams when trial license is used.

If watermark picture contains black regions, those regions will not be displayed because black is background color for video playback.

Stream transcoding must be enabled to add watermark, because stream must be decoded and then encoded with picture applied for further broadcasting. To enable transcoding, the stream resolution can be set explicitly when publishing

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