Disney's Latest Announcements and Ventures

Disney made several big announcements in their latest earnings call, including a surprise Moana sequel, an exclusive Taylor Swift concert movie on Disney Plus, and a plunge into the gaming industry with a $1.5 billion investment in Epic Games. These moves are seen as strategic ways for Disney to expand their content offerings and capture the attention of young audiences who spend a significant amount of time playing video games and streaming content. While Disney's overall financial results were positive, these ventures are also seen as a response to dissenting shareholders and potential competition from other big tech companies like Warner Brothers Discovery and Fox.