It's believed that the same hackers who targeted Sony film studios have moved on to hacking Sony Music's celeb email accounts.
Mike Raia, a media analyst, told the Daily Star (via Contact Music): ''The potential embarrassment and turmoil would be as devastating as that which has crippled Sony's movie-making arm and effectively killed the general release of The Interview.''
He added, ''Music files intended for release at a later date could be released on the net where fans would download them for free." Mike explained the severity of the situation, saying, "We're talking about hundreds of millions of dollars in lost revenue. It could end up as a financial disaster so enormous that the company, at least in its present form, might not even survive."
Meanwhile, a Sony Music senior executive says bosses are "in complete panic, noting, ''We don't even know the extent of exactly what they have. We know it's a lot," adding, ''There are skeletons in everyone's cupboard, only nobody ever expects a bunch of robbers to smash down the door and steal everything inside.''
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