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Hackers seize unreleased Disney film, demand ‘huge’ Bitcoin ransom

The latest movies in the Disney franchises “Pirates of the Caribbean” and “Cars” are set to hit the big screen this summer, but Disney CEO Bob Iger is reportedly warning that hackers are holding an unreleased Disney film for ransom, to be paid in Bitcoin.

During a town hall meeting on Monday with American Broadcasting Company employees in New York City, Iger revealed that hackers may have stolen an upcoming, unreleased Disney film. Iger said that the hackers have threatened to release the movie, piece by piece, unless the company agrees to pays a large ransom in Bitcoin, numerous sources told the Hollywood Reporter.

The Walt Disney Co chief reportedly said that the hackers are demanding “a huge sum” in Bitcoin and are threatening to release parts of the film, starting with the first five minutes, followed by subsequent 20-minute segments until the ransom is paid.

Disney’s next two upcoming major movies are “Pirates of the Caribbean: Dead Men Tell No Tales,” which is scheduled to open on May 26, and “Cars 3,” which is scheduled to open on June 16.

Iger has not revealed which film was reportedly stolen. However, a report from Deadline claims that the hackers stole the fifth installment in the Pirates of the Caribbean franchise. The film series has netted the studio over $3.72 billion to date, according to Deadline.

Last month, an anonymous hacker or group of hackers, going by the name TheDarkOverlord (TDO), released the first 10 episodes of the fifth season of the Netflix show, “Orange is the New Black” on Pirate Bay, a popular file-sharing site. The show is officially set to be released on June 9.

 

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