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Verizon Reaches Deal With Disney, Averts Blackout

Verizon Communications Inc. (VZ) and Walt Disney Co. (DIS) have reached a broad-based distribution agreement that will enable Verizon Fios customers to continue watching ESPN, Disney Channel, ABC and other channels owned by Disney.

In a joint statement Sunday, the two companies said, "Verizon and The Walt Disney Company have reached a broad-based distribution agreement. Details will be released in the coming days."

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by RTTNews Staff Writer

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