Hollywood financer TSG Entertainment is suing Disney for breach of contract. TSG co-finances the production and marketing costs of films in exchanges for a share of the defined gross receipts after the film's release. The group has helped co-finance around 140 films produced by 20th Century Fox, which Disney acquired in 2019, including "Avatar: The Way of Water." Noticing a decline in profits, TSG requested an audit of a sampling of three of the films it financed for 20th Century Fox. "Most egregiously, this scheme triggered a provision in the [revenue participation agreement] that entitles Fox to a 50% share of TSG's profits after the winding-up of TSG's investment vehicle."

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Persons: Fox, Jojo Rabbit, John Berlinkski, Bird Marella, Scarlett Johansson Organizations: Hollywood financer TSG Entertainment, Disney, Los Angeles Superior Court, TSG, Century Fox, Hollywood, Fox, TSG —, FX, Warner Bros, HBO, Street Journal Locations: Los Angeles