Sony Entertainment CEO Michael Lynton has denied U.S. President Barack Obama's remarks that the studio had "made a mistake" and that it had "caved" by scrapping the Christmas release of The Interview.
Lynton said "we have not caved, we have not given in" after Obama said that Sony had made a mistake in cancelling the controversial comedy movie.
According to CNN, Lynton said that Sony is considering some sort of a release on the Internet and that it was their hope that people get an opportunity to see this movie.
The company refused to comment on whether any distributors had agreed to help the company with the release of the movie.
He also said that the "President, the press and the public are mistaken" about what led the company to shelve The Interview.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
