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"Star Wars" Series Keeps Netflix Inc. (Nasdaq: NFLX) Momentum Rolling

Netflix Inc. (Nasdaq: NFLX) announced yesterday (Thursday) that it has gained exclusive streaming rights to an animated "Star Wars" series from Walt Disney Co. (NYSE: DIS).

NFLX stock climbed 1.7% yesterday and reached a record high of $439.35. DIS stock is up 1.7% today.

The sixth season of the series "Star Wars: the Clone Wars" will be available to subscribers in the United States and Canada starting March 7. The first five seasons ran on Time Warner Inc.'s (NYSE: TWX) Cartoon Network.

Netflix also announced that it will have exclusive U.S. streaming rights to Disney movies starting in 2016.

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