Disney Sued By Film Finance Partner TSG, Which Claims Media Giant Used “Every Trick In The Hollywood Accounting Book” To Hoard Slate Profits
deadline.comDisney has been hit with a lawsuit in Los Angeles Superior Court by film financier TSG, which claims that the media giant used “nearly every trick in the Hollywood accounting book” to hoard hundreds of millions in profit.
Echoing the Scarlett Johansson suit over the release of Black Widow across both movie theaters and Disney+ in 2021, TSG contends that Disney made a number of moves aimed at feathering its own streaming nest. (Read the full complaint here.) WarnerMedia (now Warner Bros.
Discovery) faced similar legal blowback from longtime co-finance partner Village Roadshow over the day-and-date streaming release of The Matrix Resurrections and other films.
TSG has spent $3.3 billion to help back some 140 projects at Fox, which joined the Disney fold as part of the $71.3 billion acquisition of most of 21st Century Fox in 2019.
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