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15.08.2023 / 20:13

Disney Accused of ‘Self-Dealing’ by Fox Slate Financier

Gene Maddaus Senior Media Writer TSG Entertainment, which has invested more than $3 billion in 140 Fox films including “Avatar: The Way of Water” and “The Shape of Water,” accused Disney in a lawsuit on Tuesday of using Hollywood accounting tricks to cheat it out of hundreds of millions of dollars. The slate financier alleged that Disney had engaged in “self-dealing” by diverting Fox films from a lucrative HBO license to its own Disney+ and Hulu platforms. The lawsuit also alleges that Fox engaged in “sweetheart” deals when it licensed its films to the FX cable channel.

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Disney Sued By Film Finance Partner TSG, Which Claims Media Giant Used “Every Trick In The Hollywood Accounting Book” To Hoard Slate Profits

Disney 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.

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Entertainment Lawyers Guide Hollywood Into Future of Disruption and Challenge

Todd Gilchrist It doesn’t take a team of lawyers to see how dramatically the entertainment industry has changed in just a few short years—but they are probably among the best people to help understand how to navigate it.Studios have shuttered, consolidated or acquired their competitors. Streaming services have exploded in popularity and expanded their worldwide footprint.

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