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Netflix and Disney-ABC Television Group announce Extension of existing licensing agreement to stream TV shows

Netflix, Inc. (NASDAQ: NFLX) and Disney-ABC Television Group [announced] that they recently entered into an extension of their previous existing licensing agreement. The extension allows Netflix to continue to stream hundreds of library episodes from ABC Studios, Disney Channel and ABC Family over the Internet. As part of the deal, Netflix is also adding new content to its lineup of Disney-ABC series and TV movies.

The complete press release is included after the jump.

Continue reading Netflix and Disney-ABC Television Group announce Extension of existing licensing agreement to stream TV shows