Film financier TSG Entertainment is suing Disney and 20th Century Studios for breach of contract and withholding profits.
Film financier TSG Entertainment is suing Disney and 20th Century Studios for breach of contract. It alleges Disney has withheld profits from certain films, and has also cut deals with TSG made in an effort to boost its streaming platforms.According to the lawsuit , TSG Entertainment claims 20th Century Studios breached its contract by shorting them profits from films they had financed. They also claim Disney is the one behind that plan.
In total, the company claims to have invested around $3.3 billion into the studio since the deal began. According to TSG, however, the money they’ve received in the following years have “decreased dramatically,” leading them to launch the independent audit that led to the suit.
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