Hackers hold Disney for ransom over new Pirates of the Caribbean movie

Hackers have reportedly gained access to the yet-to-be-released fifth Pirates of the Caribbean movie and are threatening to release it online if Disney doesn't hand over a huge sum of money.

According to The Hollywood Reporter, Disney CEO Bob Iger confirmed the news during a meeting in New York on Monday, explaining that the culprits are insisting they will release bits of the film - in increments - if their demands aren't met.

He also said Disney is refusing to pay and that the studio is working with federal investigators.

While Iger didn't disclose the movie title, Deadline is reporting it is the Johnny Depp-Orlando Bloom blockbuster - which is scheduled for release later this month.

Geoffrey Rush and Javier Bardem face off in Pirates of the Caribbean: Dead Men Tell No Tales. Photo / Supplied

It comes just weeks after hackers released pirated episodes of the upcoming season of Orange Is The New Black, with a hacker who had been holding them ransom carrying out a threat after Netflix refused to pay.

The episodes apparently were stolen during an attack on a post-production company in late 2016.

At the time of the hack, only 10 of Orange Is the New Black's upcoming 13 episodes had been completed.

The hacker, who goes by the handle "thedarkoverlord," has also threatened to post unreleased TV episodes from other networks.

The Associated Press reported that the FBI was investigating the incident.