Amy Pascal to step down as Sony Pictures boss

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Sony Pictures boss Amy Pascal has been in the spotlight thanks to the Sony hack. The hack revealed sensitive emails including many of her emails. Some revealed Marvel Studios and Sony negotiating on how both studios can benefit from using Spider-Man, and others involved negative comments on President Obama. The hack resulted in Sony Pictures losing $15 million, and it has delayed their reports.

Today Sony has announced that she’s going to step down as Sony Pictures Entertainment co-chairwoman and Sony’s motion picture group chairwoman. She’ll be stepping down in May, but there’s no news on who’s going to take her place. Right now her resigning will give more power to Sony Pictures chief executive Michael Lynton. He’s been busy reducing staff and moving executives around to help Sony Pictures with profit.

Pascal has been with Sony starting in 1988. She then worked as the Turner Pictures production president before going back to Sony again as the Columbia Pictures president in 1996.

“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,” she said in a statement.

The FBI revealed that North Korea was involved in the Sony cyber-attack. This lead to Obama saying the hack was a national security issue. Many sensitive documents were released, including leaked movies and employee information.

Via NY Times

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John Nguyen
John Nguyen 10427 posts

Assassin, scoundrel, head honcho.