I agree that movie news hardly matters to Disney investors. Disney's film division is such a small part of the company. Investors used to care more about the TV division and the theme parks division because those 2 divisions contribute almost 75% of Disney's total revenue. But lately the investors seem to have focused more on the streaming division, which the Disney leadership proclaim as the company's future. Those 60 million paid subs of Disney+ in just 8 months really did wonders to their stock. Even with a loss of $4.7B because of the pandemic, Disney's shares still rose a whopping 9% the day after their earnings call. Several investors raised their stock target because of the bright future of Disney's streaming division (which handles 3 streaming services- Disney+, Hulu, and ESPN+). Also making investors cheery is the news of the impending launch of a new streaming service in the international markets, which will be called Star. To simplify matters, Star will be the international counterpart of Hulu, but will only consist of shows from Disney-owned companies like ABC, FX, 20th Century Studios, and Searchlight.