Disney Sued

The Walt Disney company has been sued by its film financing partner Kingdom Films LLC. Kingdom Films has accused Disney of violating the profit-sharing agreement signed by both companies.

The contract stated that Kingdom Films gets a share of profits from both High School Musical 3: Senior Year and Hannah Montana: The Movie.

Disney is claiming that Kingdom Films should not get a share of the money from HSM3 due to the fact that the movie was released in the theaters, while the other two HSM films were made for television. In addition, the contract supposedly states that movie sequels are excluded from the deal agreed upon by the two companies.

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