Sony Loses Cyberwar, Cancels Theatrical Release for ‘The Interview’ on Christmas

December 17th, 2014

Via: Variety:

With theater chains defecting en masse, Sony Pictures Entertainment has pulled the planned Christmas Day release of “The Interview.”

In announcing the decision to cancel the holiday debut, Sony hit back at the hackers who threatened movie theaters and moviegoers and who have terrorized the studio and its employees for weeks.

“Those who attacked us stole our intellectual property, private emails and sensitive and proprietary material, and sought to destroy our spirit and our morale – all apparently to thwart the release of a movie they did not like,” the statement reads.

“We are deeply saddened at this brazen effort to suppress the distribution of a movie, and in the process do damage to our company, our employees, and the American public,” it continues. “We stand by our filmmakers and their right to free expression and are extremely disappointed by this outcome.”

The studio did not say it would never release the picture theatrically. Insiders tell Variety that Sony is exploring all options, including offering the picture on premium video-on-demand as a way to recoup at least some of its investment.

The comedy centers on a hapless television host who is recruited to assassinate North Korean dictator Kim Jong-un. The country has condemned the film and some cyber-security experts believe that it played a role in the hacking attack on the studio. North Korea has denied involvement in the attacks.

Seth Rogen and James Franco star in the picture, which cost $42 million to produce.

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