Amy Pascal is stepping down as Sony Pictures Entertainment's co-chairman - but is remaining within the company.
Variety reports that Pascal will continue her work there until May, when she will take control of a new production firm in a four-year deal. Sony will retain the worldwide distribution rights to the new company's output.
Pascal, who is also stepping down as chairman of Sony's motion picture group, said in a statement: "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. I have always wanted to be a producer."
Sony will fund Pascal's new venture, which will be based at the company. No decision has been taken yet as to her successor.
It follows the hacking and publication by 'Guardians of Peace' of private emails Pascal had sent to and received from colleagues which included references to stars, ongoing projects and internal battles at the film company.
Angelina Jolie was described as a "minimally talented, spoilt brat" in an email conversation between Pascal and Scott Rudin - which made for an uncomfortable picture when Pascal next came face to face with the actress.
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Pascal and Rudin also had to offer public apologies following "racially insensitive" e-mail comments about President Obama before Pascal met with him - in which the pair joked about the President being a fan of films like 12 Years A Slave and Django Unchained.
The hacking of Sony's servers followed the promotion of its movie The Interview, and forced the film's temporary cancellation.
Last month, Pascal promised Sony was "committed to making movies about women" after emails released by the hackers revealed that Jennifer Lawrence and Columbia Pictures production president Hannah Minghella were paid less than their male counterparts.














