Sony is pulling the plug on the controversial comedy "The Interview."
The movie was scheduled to be released on Christmas Day.
Sony's decision came shortly after theaters including AMC and Regal announced they would not the show the movie amid concerns of violence.
Earlier, the movie's New York premiere was canceled due to terror threats made by hackers.
The comedy starring Seth Rogen and James Franco depicts an attempt to assassinate North Korean leader Kim Jong Un.
It was set to debut Thursday night at the Landmark Sunshine Cinema in Manhattan, with a full release planned for Christmas Day.
The premiere was canceled after the hacking group Guardians of Peace sent a message urging moviegoers to stay away from "The Interview."
In an email first published by the Los Angeles Times, the group said, in part, "The world will be full of fear. Remember the 11th of September."
Guardians of Peace is the same group behind the recent cyberattack on Sony Pictures, which is releasing "The Interview."
A U.S. official told the Associated Press that an investigation has linked North Korea to the hacking.
North Korea has condemned the movie but denied any connection to the hacking at Sony.
The Department of Homeland Security said there is no credible threat to movie theaters.
People NY1 spoke to in Times Square had a mixed reaction.
"At the end of the day, you know, you have freedom of speech and the freedoms of being creative. So if someone spent the time to write the film and they spent the time to make it, I feel like people should see it," said one person in Times Square. "I still feel like people would have went to go see the movie, period, because those actors have fans."
"With the way the world is today, I feel like that's serious. That's serious business. You have people's lives in your hands when you do stuff like that. So I don't know," said another. "For me, I just feel like it's serious. So when I saw it, I was just like, I don't even know if I want to be a part of it."
Rogen and Franco also pulled out of all media appearances related to the movie, including a planned guest spot Friday on "Late Night With Seth Meyers."