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Sony just announced that it would not release the controversial film “The Interview” as planned on Dec. 25, citing theater chains’ plans not to show the movie.

“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,” Sony said in a statement.

It was not immediately clear from Sony’s statement whether it would seek another outlet for the movie. Variety reported earlier Wednesday that the studio might the release the film for video-on-demand viewing in homes.

The decision came after the top five movie theater chains in the United States decided not to show the film.