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The News Ticker Webpart creates a marquee which uses items from a SharePoint announcement list or a custom list. The ticker design and display type can be freely adjusted.
If you want to use the Ticker with an custom announcement list, just add a new announcement list to your site and add a new HyperLinkColumn with the name "Link" to the list. Then edit the Webpart and fill the name of the announcement list in the Webpart property "News Ticker List".