SONY has decided to cancel the release of the new Seth Rogen and James Franco film “The Interview” which was set to be released this Christmas, following threats made by hackers.
The Sony hack began in late November when its computer systems were brought down by hackers who stole intellectual property, private emails and sensitive and proprietary material.
“In light of the decision by the majority of our exhibitors not to show the film The Interview, we have decided not to move forward with the planned December 25 theatrical release,” a statement issued by Sony says.
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“We respect and understand our partners’ decision and, of course, completely share their paramount interest in the safety of employees and theater-goers.”
“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.
The cancellation is likely to cause a significant monetary loss for Sony.