Wall Street Journal | Joe Flint | May 15, 2017 6:38 p.m. ET:

CEO says hackers claim to have stolen unreleased film, threaten to release it if not paid ransom.

A hacker or hackers claim to have stolen an unreleased film from Walt Disney Co. DIS -0.51% and threatened to release it online unless the company pays a ransom, Chief Executive Robert Iger told employees.

Speaking at a town hall for Disney’s ABC News division Monday where the topic of piracy was raised, Mr. Iger said Disney wouldn’t pay the ransom, according to a person who was present. Without saying how much was being demanded, this person added, Mr. Iger said the ransom was supposed to be delivered in bitcoin, the “virtual currency” that has become a favorite of people engaged in online extortion schemes.

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