Disney’s Pirates of the Caribbean held by Crooks

May 16th, 2017 | by Annie
Disney’s Pirates of the Caribbean held by Crooks

Internet hackers are holding Disney’s most valuable film property, “Pirates of the Caribbean” film for ransom.

Deadline reports the hackers are demanding a princely sum in bitcoin, or they will release the film online before its May 26 premiere date.

The hackers did not indicate when they would start leaking the film but that they would do so in 20 minute clips. Walt Disney CEO Bob Iger has said that Disney had no plans to pay the ransom and started working with the FBI in order to determine how the film was stolen.

A statement from Mr. Iger said during a town hall meeting with ABC employees Monday, May 15th that hackers claimed to be holding a Disney film ransom but did not divulge which one.

A similar incident happened only weeks ago when hackers stole the new season of Netlifx’s “Orange is the New Black” but the online streaming service refused to pay.

The “Pirates of the Caribbean” series has earned Disney more than $3.72 billion worldwide since the release of its first film in 2003. The new film “Pirates of the Caribbean: Dead Men Tell No Tales” had a $230 million budget.

This film features Javier Bardem as the villainous Captain Salazar going up against Johnny Depp’s Captain Jack Sparrow with a budget of $320 million. The studio is predicting $90 million for Pirates in it’s first week of official release.

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