John Travolta's Gotti Biopic Pulled From Lionsgate Just Ten Days Before Release

Emmett  Furla  Oasis Films

Emmett Furla Oasis Films

But because the movie was only set to receive a relatively tiny theatrical release via the studio's Lionsgate Premiere division (through which its genre films and day-and-date titles are typically distributed), its producers exercised a buy-back clause in the distribution contract, intent on getting the movie to a wider multiplex audience and giving it an awards-season push.

"Unfortunately, the reports were speculation bordering on fake news", Travolta told Deadline. I invited his group, they saw it and bought it. He says it wasn't Lionsgate that sought to dump him, but rather, the other way around.

The Tracking Board, which first reported the story, notes that finding a new distributor shouldn't present a big problem. "That is the simple explanation for this".

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The fact that Lionsgate was willing to let the movie go so easily raises some red flags for sure, and Travolta himself has had a pretty spotty track record in recent years.

Lionsgate did not immediately respond to Fox News' request for comment on why it chose to withdraw its support for the film. We signed this deal about three weeks ago, to purchase back the film from Lionsgate (sic). Our mistake was we should have said something right then and discussed our plan for the film.

"There are nice cars and fancy suits in the movie, but we're also showing where all that eventually leads", he previously told EW, adding, "HBO made a Gotti movie in 1996, but his death, which was terrible, hasn't been covered too much".

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The makers are hunting for a new distributor for the film and looking to release it next year.

"The Life and Death of John Gotti" stars John Travolta in the title role and co-stars Kelly Preston. Hopefully if the film is any good, we may eventually get a chance to see it sometime in the future.

Travolta explained that he was able to find Ed Walson, producer of five Broadway plays and eight films, including the Woody Allen-directed flicks "Café Society" and the upcoming "Wonder Wheel". "We are hoping to take this movie to Cannes; it's a movie star film that deserves the glitter of Cannes, and then a wide release shortly thereafter".

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