Hollywood Studios Say They’re Quitting Netflix, But the Truth Is More Complicated
Streaming service has many programs locked up for years to come
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Hollywood studios say they’re breaking up with Netflix. But the reality isn’t that simple.
Two years ago, Walt Disney Co. parted ways with Netflix Inc. in a public declaration of war. The owner of Star Wars, Marvel and Pixar movies would stop licensing films to the world’s most popular paid online TV network. Instead, Disney planned to keep them for its own streaming services.