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Hackers demand ransom to stop early release of new Disney film

Hackers say they’ve accessed and will release a major new Disney film unless they are paid a hefty ransom in Bitcoin, but the studio is refusing to pay, studio chief executive Bob Iger said Monday.

Iger revealed the situation during a town hall meeting with ABC employees in New York, according to reports in media publications The Hollywood Reporter and Deadline.

The Disney executive told employees that the company is working with U.S. federal investigators on the claim by hackers, who demanded an undisclosed sum be paid in digital currency.

The hackers have reportedly threatened to post the first five minutes of the stolen film online, followed by 20-minute sections of the footage until the demands are met.

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