Amy Pascal Stepping Down as Sony Studio Chief Following Hacking Scandal
The costly hacking scandal that turned Hollywood on its head back in December has essentially served as the final nail in Amy Pascal’s professional coffin.
Pascal is resigning as co-chairwoman of Sony Pictures Entertainment and as chairwoman of Sony’s motion picture group. The decision was announced earlier today by Sony in a press release. The company added that Pascal will officially step down from her position in May.
However, it’s hard to say that the decision is much of a surprise following the online hacking scandal, in which hackers bypassed Sony’s security protocols and leaked a metric ton of sensitive materials, from potentially controversial casting proposals, to embarrassing producer-star arguments, to doubly embarrassing pay disparities between male and female co-stars, and several actual movies. Hell, even employee data was compromised by the leak, including names, addresses, social security numbers and financial documents. Basically, it was a full-scale disaster, and it likely could have been prevented had Sony adopted a more rigorous security infrastructure.
Naturally, heads were going to roll, and as studio chief, Pascal’s was on the chopping block. That said, while Pascal may be stepping down as the most powerful female executive in the film industry, she will not leave Sony altogether. Pascal has accepted a four-year production deal that will allow her to be involved in the making of some of Sony’s most anticipated future films.
“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. Not much is known about the new production deal she has with Sony, but she seems eager to have a more hands-on approach to the films in her purview.
Sony has not named a successor for Pascal, but at the moment, her resignation has resulted in all of Sony’s film operations falling to Sony Pictures chief executive, Michael Lynton. Hopefully, he’ll be able to find someone suitable to replace Pascal, and sooner rather than later.
H/T: New York Times