Disney Is Not Kicking Netflix to the Curb

Unless you've been living in entertainment exile over the past week or so, you've probably heard the news that Disney (NYSE: DIS) plans to pull its content from Netflix (NASDAQ: NFLX) in favor of creating its own video-streaming service.

Except that's not really true. Despite the bevy of headlines that indicate in no uncertain terms that the two entertainment juggernauts are parting ways in a clean separation, what Disney actually had to say about the deal makes it clear that couldn't be further from the truth.

IMAGE SOURCE: NETFLIX

Source: Fool.com