Crime | Disney Disney Must Pay Millionaire Creator $269M Judge agrees it hid profits in funky accounting By Emily Rauhala Posted Jul 8, 2010 4:34 PM CDT Copied In this image released by Disney-ABC Domestic Television, Regis Philbin plays a round of the game with guest Anil Kapoor on his morning talk show in 2009. (AP Photo/Disney-ABC Domestic Television, David M. Russell) A California jury ordered the Walt Disney Co. to pay the creator of Who Wants to Be a Millionaire $269.2 million for withholding profits, the LA Times reports. Celador International argued that Disney hid its real profits through what's known in the biz as "Hollywood accounting" and in the lawsuit as a "complex web of self-dealing transactions," notes the Wall Street Journal. Millionaire made gobs of money for Disney through licensing fees and ads, but showed up as a money-loser on company ledgers. Read These Next SCOTUS sounds skeptical about law banning gay conversion therapy. Felix Baumgartner's death attributed to his own error. Robin Williams' daughter: AI clips of him are 'disturbing' You might want to take mass transit instead of driving in this city. Report an error