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. TSG alleges that Disney sought to prop up its stock price, and the pay packages of CEOs Bob Iger and Bob Chapek, at TSG’s expense.
The allegations echo the claims of Scarlett Johansson, who filed her own lawsuit against Disney over the release of “Black Widow” in 2021.
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