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Sony Pictures Executive Amy Pascal Resigns

Amy Pascal arrives at the AFI Awards 2013 honoring excellence in film and television in Beverly Hills, California January 10, 2014.

Sony Pictures Entertainment (NYSE:SNE) executive Amy Pascal resigned following the hacking scandal in November that revealed embarrassing emails between her and producer Scott Rudin. The two liberal Hollywood elites hypocritically joked about President Obama liking movies that centered around African-Americans.

Pascal was criticized and under intense media scrutiny following the hack and she actually caved to Rev. Al Sharpton, promising to include him in unspecified decisions made by the company. It is unclear whether the strange cave has anything to do with Pascal’s resignation.

Deadline reports Pascal will transition into a new position and launch a new production venture at the studio.

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