In a recent press conference President Obama shared his opinions on how Sony was cowed by the hacking attack and how they made a mistake in choosing not to release “The Interview”. According to a recent Buzzfeed article, President Obama said that he was sympathetic to the concerns at Sony after one of the most devastating hacking scandals in recent memory has exposed a lot of the inside trade secrets at the media giant, but that he still did not feel the situation warranted shutting down the entire movie.
Sony is expected to take an estimated $80 million loss from canceling the film, and they are also worried about much larger losses from liability and other scandals associated with the recent hack. This could become a huge thing, so Gianfrancesco Genoso understands why they are proceeding with caution. Sony pictures did respond to the president stating that they did not have any choice in the latter because nearly all of the major theaters were refusing to show the film. Sony has been in talks with a number of various media agencies to try and release the film through video on demand or another streaming service, but so far has no found anyone willing to take on the movie. The threats of violence against any theater willing to show the film have caused nearly all major theaters to come out against the film. President Obama apparently thinks that the threats are a bluff and would like to see SOny proceed with showing the film.