Bob Iger, CEO of Disney, told ABC staff today that hackers appear to have stolen Pirates of the Caribbean: Dead Men Tell No Tales. They're reportedly threatening to release the film in 20-minute chunks unless Disney pays a ransom in Bitcoin.
Disney's initial response has been to cooperate with federal investigators in order to solve the case.
Iger has refused to pay the "huge sum" that was demanded.
The new Pirates of the Caribbean film will be a major movie for the company and it's not supposed to come out until May 26.
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