By Doug Porter
Yesterday Sony Pictures did what many businesses would in similar circumstances – it assessed risks relative to reward and chose to pull the plug on a soon-to-be-released movie comedy, ‘The Interview.’
The $44 million film staring Seth Rogen and James Franco about an assassination attempt on North Korea’s leader was supposed to debut on Dec. 25, Christmas Day.
Now it’s dead in the water, with company reps saying, “Sony has no further release plans for the film.”
This decision was the end result of a hacking of Sony’s computer system by the “Guardians of Peace,” a group the US government says has links to North Korea. Unreleased films, company emails, employee information, threats to employees and their families and promises of violence against theaters and the public have all surfaced on the internet in recent days.
Today I’ll take a look at the implications of both the attack and Sony’s decision to capitulate.