Just ten days before John Travolta's Gotti biopic was due to be released, Lionsgate has severed all ties with the project. Travolta says he "literally begged" them to sell the movie back so another producer, Edward Walson ("Wonder Wheel"), could give it a wider release.
However, it's highly unlikely a new distributor will be found in time for the slated release date of December 15 and it will no doubt get pushed to 2018.
Travolta, 63, plays the famous mobster alongside his wife Kelly Preston as Victoria Gotti and Stacy Keach as Aniello Dellacroce.
This is published unedited from the PTI feed.
Lionsgate have pulled the plug on their upcoming John Gotti biopic starring John Travolta.
But, in an interview with Deadline published Wednesday morning, Travolta pushed back, saying the speculation surrounding the fate of "Gotti" was "bordering on fake news".
"Ed is a fan of mine and of the Gotti story and really wanted to see the movie". I invited his group, they saw it and bought it. The film's producers felt the same, and activated a buy-back clause in the original deal. 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.
As Lionsgate will no longer release Gotti through Lionsgate Premiere, the producers are free to meet with distributors. No word yet on why Lionsgate chose to drop the movie, but stay tuned...
John Gotti rises to the top of the NY underworld to become the boss of the Gambino crime family. "We didn't anticipate this speculation that is so grossly wrong", Travolta told Deadline. His life takes a tumultuous turn as he faces tragedy, multiple trials and a prison sentence.