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11 Feb 2024

Disney's Strategic Moves Ahead of Moana 2

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Disney's [share price improved](https://www.semafor.com/newsletter/02/08/2024/semafor-flagship-critical-breach-crucial-hearing?utm_source=nowshare&utm_medium=flagship&utm_campaign=flagshipnumbered6#g) due to surpassing earnings expectations, a $3 billion stock buyback, and reduction in streaming losses by $300 million. The company announced a $1.5 billion investment in Epic Games for a 'Disney universe' and acquired exclusive streaming rights for Taylor Swift's Eras Tour concert movie. A surprise sequel to Moana is set for November 2024, aiming to boost box-office results.