The Reporter says that the hackers said they would release increasingly long chunks of the movie if their demand isn't met.
Rumors have been going around the net last week that a working print of Star Wars: The Last Jedi was pirated and being held for ransom by hackers. Unsurprisingly Disney has no interest in dealing or giving in to the hackers and according to Iger, the company has no plans to pay them and are working with the Federal Bureau of Investigation to sort it out.
Ten episodes of the upcoming season of "Orange Is the New Black", produced by Netflix, were posted recently on a file-sharing site ahead of its release on June 9.
A hacker or hackers claim to have stolen an unreleased film from Walt Disney Co. and threatened to release it online unless the company pays a ransom, Chief Executive Robert Iger told employees.
With Dead Men Tell No Tales washing up on Pirate Bay, of all places?
Igler didn't dlclose which movie was pirated but insisted that Disney won't pay any ransom - which was requested in Bitcoin, according to witnesses at the meeting.
However, the account has tweeted that they have obtained unreleased material from ABC, Fox, National Geographic and IFC.
The fifth installment in the "Pirates" franchise starring Johnny Depp is set to open nationwide on May 26.
More than 200,000 computers in 150 countries were hit by a ransomware cyberattack, described as the largest-ever of its kind, over the weekend.