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Disney to launch its own streaming services

US entertainment company Disney has announced it's planning to launch its own streaming services. The move would involve dropping its partnership with Netflix and bypassing the cable companies it relies on.

Netflix shares jump as subscriptions top 100 million

Netflix on Monday reported that its number of subscribers climbed more than expected, topping 100 million worldwide and sending shares in the leading on-demand television service soaring. Netflix shares leapt more than 10 percent to…