Walt Disney CEO Bob Iger revealed Monday that hackers claiming to have access to a Disney movie threatened to release it unless the studio paid a ransom. Iger didn’t disclose the name of the film, but said Disney is refusing to pay. The studio is working with federal investigators. Iger’s comments came during a town hall meeting with ABC employees in New York City, according to multiple sources.

Disney’s upcoming theatrical release slate include Pirates of the Caribbean: Dead Men Tell No Tales, which opens this Friday, and Cars 3 (June 16). Rumors circulated online last week that a work print of Star Wars: The Last Jedi had been pirated and was being held for ransom, but days later online chatter tipped that rumor as a hoax. The studio had no comment. READ MORE