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Netflix Inks Disney Deal; Stock Up 9%
Tuesday, December 4, 2012 - 3:41pm | 130Netflix (NASDAQ: NFLX) announced Tuesday that it has signed a deal with Disney (NYSE: DIS), which grants it the rights as exclusive distributor of Disney movies after their first run in theaters. The deal will begin in 2016. The company outbid pay-TV channels for the rights. Currently, Starz...