It has been confirmed Sony Pictures Entertainment has cancelled the release of Seth Rogen's film The Interview next week.
The comedy followed a duo's attempt to assassinate the North Korean leader Kim Jong-un.
The film became embroiled in controversy when a group known as 'Guardians of Peace' launched a cyber attack on Sony, leaking films, personal emails and financial information.
Sony's decision to pull the film comes after six major cinema chains pulled out of screening the film in the wake of a terror threat.
Sony Pictures said in a statement yesterday (December 17): "In light of the decision by the majority of our exhibitors not to show the The Interview, we have decided not to move forward with the planned December 25 theatrical release.
"We respect and understand our partners' decision and, of course, completely share their paramount interest in the safety of employees and theater-goers.
"Sony Pictures has been the victim of an unprecedented criminal assault against our employees, our customers, and our business. Those who attacked us stole our intellectual property, private emails, and sensitive and proprietary material, and sought to destroy our spirit and our morale – all apparently to thwart the release of a movie they did not like.
"We are deeply saddened at this brazen effort to suppress the distribution of a movie, and in the process do damage to our company, our employees, and the American public. We stand by our filmmakers and their right to free expression and are extremely disappointed by this outcome."
Cinema boycotts were announced shortly after the film's New York premiere was cancelled and its stars Rogen and James Franco stopped their media tour.