John Travolta's Gotti Pulled Days Before Release

Actor John Travolta arrives at the 22nd Annual Critics' Choice Awards in Santa Monica California U.S

John Travolta as John Gotti in 'Gotti'.

As Lionsgate will no longer release Gotti through Lionsgate Premiere, the producers are free to meet with distributors. Entertainment Weekly speculated that the release will now occur sometime in 2018.

Shortly after the news broke, Travolta released a statement to Deadline saying that the original news was overblown and that he sought out a new financier to give the film a wider platform when Lionsgate only committed to a limited release.

Travolta said to Deadline that the reports on the movie bordered on "fake news" and he had intentions of finding other companies who could release it to a bigger audience.

The source added that Lionsgate was happy to sell the film back in order to give Travolta and producers the opportunity to rollout the movie as they wanted. "I invited his group, they saw it and bought it", Travolta said. There may be a simple explanation for that, as an outside investor reportedly financially backed the film for a wide release, and it's unclear exactly when they did that. No word yet on why Lionsgate made a decision to drop the movie, but stay tuned... They said no, twice, and I literally begged them to reconsider and they finally and generously let it go, "Travolta continued".

"Our mistake was we should have said something right then, and discussed our plan for the film", Travolta said. It's all pure speculation though as there has been no official news on anything related to the matter, though if there is, we will likely hear so soon.

His real-life wife, Kelly Preston portrays his wife in the film, Victoria Gotti. The script was penned by Lem Dobbs (The Limey).

The feature film directorial debut of Entourage star Kevin Connelly, Gotti showcases what is described as a breakout performance Travolta as the Teflon Don, head of the Gambino crime syndicate that became the racketeering/loansharking/murder-extortion scourge of '80s NY. There is now no word on when it will be released, other than that the December 15 date is no longer in play. According to IndieWire, Travolta was not the first name tossed around during the early days of production.

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