Amy Pascal is leaving her position as Sony Pictures chief.
We're told she will transition out of her current role in May. Pascal and Sony CEO Michael Lynton struck a deal in which she will get a major production deal, focusing on movies, TV and theater.
Pascal has been embroiled in the Sony leak scandal, where some of the things she wrote privately in emails ruffled lots of feathers both inside and outside the studio.
Pascal's contract was up in March, but our sources say the deal between Pascal and Lynton was struck in the last few weeks.