Walt Disney CEO Bob Iger revealed Monday that hackers claiming to have access to a Disney movie are demanding a ransom. Iger didn't disclose the name of the film, but said Disney isn't paying. The company is which is working with federal investigators.
Iger's comments came during a town hall meeting with ABC employees in New York City, according to multiple sources.
Disney's upcoming theatrical release slate include Pirates of the Caribbean: Dead Men Tell No Tales, which opens this Friday, and Cars 3 (June 16). Rumors circulated online last week that work print of Star Wars: The Last Jedi had been pirated and being held for ransom but days later online chatter tipped that rumor as a hoax. The studio had no comment.
The Disney chief said the hackers demanded that a huge sum be paid on Bitcoin. They threatened to release five minutes of the film the first time and then in 20-minute chunks until their financial demands are met.
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