Los Angeles: Disney CEO Bob Iger has confirmed that a threat by hackers to release one of their latest films was probably a hoax.
Earlier this month, reports surfaced that hackers had stolen Disney's upcoming film Pirates of the Caribbean: Dead Men Tell No Tales, threatening to release the film online if a demand for ransom was not met.
"To our knowledge we were not hacked. We had a threat of a hack of a movie being stolen. We decided to take it seriously but not react in the manner in which the person who was threatening us had required," Iger said in an interview with Yahoo Finance.
"We don't believe that it was real and nothing has happened," he added.
The unidentified hackers had demanded that Disney pay a ransom, in the untraceable bitcoin crypto-currency, or else they would release the purloined movie in five-minute chunks. According to Iger, Disney refused to pay anything.
Pirates of the Caribbean: Dead Men Tell No Tales released worldwide on Friday.
