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Disney, Fox sued in US for US$1bil by Genting

by new_c_admin
Genting malaysia

Walt Disney Co and Twenty-First Century Fox Inc were sued for more than US$1 billion on Monday by casino operator Genting Malaysia, which accused them of abandoning a contract related to its planned construction of the first Fox-branded theme park.

Disney did not immediately respond to requests for comment. Dan Berger, a spokesman for Twentieth Century Fox Film, one of the defendants, declined to comment.

Genting said the problems began as Fox engineered years of delays to force a renegotiation of the contract, which did not give it a share