Netflix Sued for $105 Million Over Allegedly Lost Nicolas Cage Film

Netflix faces a lawsuit demanding at least $105 million after a producer claims the streaming giant lost a hard drive containing a copy of a World War II film starring Nicolas Cage. The producer, Simon Afram, filed the suit in a California federal court, accusing Netflix of losing the unencrypted drive holding the suspense film, titled 'Fortitude'.

Afram alleges that Netflix received the film in mid-June for screening and purchase. Days later, the company notified the plaintiffs via email about the theft of a substantial number of hard drives from its Los Angeles offices, including the one containing 'Fortitude'. The producer further claims Netflix refused to disclose whether the incident was reported to authorities or if security agencies were involved in recovering the material.

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Netflix sent an email to the plaintiffs warning of the theft of 'a good amount' of hard drives from its Los Angeles offices, including 'Fortitude'.

According to the complaint, Afram invested over $45 million in the production, which took seven years to complete and was in the process of being sold to distributors. A Netflix spokesperson, however, pushed back against the claims. The company stated it would not assume the risk for a film that was distributed without the industry's standard security measures, as reported by Deadline.

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Netflix denied that the company would assume the risk of loss of a film 'distributed without the standard security measures of the industry'.