Producers of John Travolta's "Gotti" have bought back the movie from Lionsgate, which had planned to release the mob biopic on December 15 through its Lionsgate Premiere specialty division.
TheWrap has also learned that the removal from schedule and resale was not related to the film itself, but rather a question of release strategy. Per Entertainment Weekly, Lionsgate sold the movie back to its production company, Emmett/Furla/Oasis.
It was due to be released under the Lionsgate Premiere banner, telling the tale of mobster John Gotti, who was head of the infamous Gambino family. Travolta's wife, Kelly Preston, and daughter, Ella Bleu Travolta, co-star with him.
"Entourage" star Kevin Connolly directed the film, which at one point was connected to director Barry Levinson and actors Al Pacino, Joe Pesci, Lindsay Lohan, Ben Foster, and Chazz Palminteri, according to Deadline. By contrast, Gotti's producers actually asked the distributor to sell them back the rights to the film, in order to try and pursue a wide theatrical release.