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New era dawns as Disney moves to streaming
Announcement that it will pull future Disney and Pixar movies from Netflix sends Netflix shares downward
Published Thu, Aug 10, 2017 · 09:50 PM
Los Angeles
DISNEY set off a sonic boom in Hollywood by unveiling plans to start two Netflix-style services: For the first time in the streaming age, the world's largest media company had decided that embracing a new business model was more important than clinging to its existing one.
Disney's decision to better align …
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