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Article posted: 12/4/2012 4:11 PM

Netflix outbids pay-TV for Disney movies

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Netflix on Tuesday signed a multiyear accord to carry Walt Disney Co. animated and live-action films, marking the first time a major studio has bypassed traditional cable-TV outlets.

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Netflix's video subscription service has trumped pay-TV channels and grabbed the rights to show Disney movies shortly after they finish their runs in theaters.