Amy Pascal, co-chairman of Sony Pictures Entertainment and chairman of its motion picture group, is stepping down from her post in the wake of the computer hack that exposed the studio's dirty laundry, movie development plans, and embarrassing cancellation and then ultimate release of The Interview.
Pascal will remain at her post until May at which point she will transition to a production company deal at the studio, according to Variety. Sony will finance and retain worldwide distribution rights to any movies Pascal produces under terms of the deal.
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