Disney stock has fluctuated between high $80s and low $100s post-COVID, far from its March 2021 peak of $196.76. The company has made progress in simplifying its corporate structure and focusing on streaming and Experiences, but faces challenges with linear TV and ESPN. Management, particularly Bob Iger, has not clarified the future of linear TV and ESPN, raising concerns about leadership stability. Speculation surrounds Iger's potential departure, with no clear signals or industry gossip suggesting a definitive exit plan.

SeaChange International, Inc. announces an amended purchase agreement with Partner One, a software conglomerate, where Partner One will acquire SeaChange's assets for $32,001,000. The amended deal represents an increase of over $2 million compared to the previous agreement. The transaction is subject to approval by SeaChange's stockholders and is expected to result in net proceeds of $15-17 million for SeaChange. SeaChange's special meeting of stockholders is set for April 17, 2024, to vote on the amended asset sale.

Triller, a Hollywood-based social media and AI platform, is pursuing a direct listing on the NYSE after canceling a multibillion-dollar reverse merger in 2022. The company filed an amended S-1, disclosing unpaid debt, a low cash balance, a reduction in user accounts, and the appointment of a new CEO. Triller faces lawsuits related to breach of lease and copyright infringement, including an $37 million debt to Verzuz LLC. The company had a confidential SEC submission in June and terminated a $5 billion merger agreement with SeaChange International.

Breakwater Ventures, a Seattle-based investment firm, has emerged from stealth after launching in the previous year, raising $10 million for its first fund. Founded by William Finney, Peter Mueller, and Lauren Olson, former investors at SeaChange, the firm aims to support software startups in the Pacific Northwest. Breakwater focuses on providing pre-seed and seed funding to companies in sectors like data/AI, enterprise, fintech, and marketplaces, with average check sizes ranging from $250,000 to $1 million. The firm has already deployed capital into companies like SciSpot.io and Upwardli. Breakwater plans to operate independently, distinct from SeaChange, with a focus on selective engagement post-investment.

Cimba.AI has emerged from stealth with $1.25 million in Pre-Seed funding led by Ripple Ventures, with participation from SeaChange, PackVC, and angel investors like Chad Sanderson and Chris Riccomini. The company's unique AI platform helps business operations teams leverage AI agents to tackle complex business goals. Cimba's platform utilizes self-training AI that adapts to an organization's specific knowledgebase, offering a cost-effective solution for enterprises looking to adopt AI in their operations.