Sony Pictures Entertainment Co-Chairman Amy Pascal Resigns Follow 'The Interview' Hack, to Get Own Company
Amy Pascal will be stepping down from her position at Sony Pictures Entertainment as a co-chairman.
Pascal and Sony were part of a hacking scandal in part because of the controversial comedy "The Interview." The co-chairman gave the clearance to do the movie, and North Korea allegedly fired back by hacking into Sony's private information and servers.
USA Today reports Pascal will now start her own venture, according to a statement from Sony.
"I have spent almost my entire professional life at Sony Pictures, and I am energized to be starting this new chapter based at the company I call home," Pascal said in a statement. "I have always wanted to be a producer."
Pascal's private email was accessed and shined a bad light on Sony, according to the Wall Street Journal. Financial reports, unreleased films and even employee records were hacked into by a group that called themselves "The Guardians of Peace." Sony still stood behind Pascal during the onslaught of hacking attacks.
Pascal proved she was brave by attending the premiere of "The Interview," but it was only a matter of time before she knew she had to leave.
"When you have a scandal of this magnitude there needs to be some kind of executive change," said Matthew Belloni, executive editor for The Hollywood Reporter.
Pascal will have a new company with help from Sony. Sony will receive the distribution rights to all the films they help Pascal finance.
"This is a typical arrangement for studio heads that exit," Belloni noted.
What do you think of Pascal's exit from Sony? Leave us a comment below and let us know what you think.
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