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Disney CEO: Hackers claim to have upcoming film

Disney CEO: Hackers claim to have upcoming film”

Shanghai Disney Resort held the movie's world premiere and was followed by a star-studded event in Paris, and the film will premiere in Los Angeles on the 18th of May.

Chief Executive Bob Iger told ABC employees in NY on Monday that hackers have claimed to have stolen a movie and are threatening to release it in segments until their demands, which include a pirate-like ransom paid with Bitcoin, are met. The company is now reportedly working with federal investigators and is waiting to see if the hackers makes good on the threat and release the film.

He didn't name the movie, but one of the studio's biggest anticipated summer releases, ironically, is "Pirates of the Caribbean: Dead Men Tell No Tales", scheduled for release May 26th.

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Disney did not immediately respond to a Guardian query seeking confirmation. They then chose to release the next nine episodes "after many lengthy discussions at the office where alcohol was present, " according to a press release from the hackers obtained by Heavy.

The hackers have demanded that a huge sum be paid on Bitcoin, but Disney has refused to pay, the publication said.

Hector Monsegur works for Rhino Security Labs, and was a former computer hacker-turned-FBI informant.

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The hackers first tried to pressure the post-production company, but eventually targeted Netflix with ransom demands. The hackers have however threatened to release increasingly longer pieces of the movie online if they aren't paid.

Disney's "Pirates of the Caribbean" franchise, which began in 2003, has been hugely successful, earning over $3.7 billion worldwide.

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