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Netflix Said to Seek Media Rights for Latin America Service

Netflix Inc., preparing to expand in Latin America, is negotiating with entertainment companies for rights to stream movies and television shows in the region.

Walt Disney Co., Lions Gate Entertainment Corp., Universal Pictures and Viacom Inc.’s Paramount Pictures are in discussions with Netflix for Latin American rights, according to people with knowledge of the talks. The rights being discussed with one studio would exclude Mexico, said one of the people, who declined to be named because the talks are private.