John Travolta's 'Gotti' Movie Pulled Just Days Before Its Release

John Travolta's 'Gotti' Movie Pulled Just Days Before Its Release

Earlier Tuesday, Connolly took to social media to call various reports the Gotti's release shuffle "fake news" and "wrong".

Gotti has been dropped by Lionsgate, just two weeks ahead of its planned December 15 release date, The Tracking Board reported Tuesday. "I invited his group, they saw it and bought it", Travolta said.

Travolta said Gotti is worth a more significant release and so he sought out Edward Walson to buy out Lionsgate for the rights to distribute and promote the film.

Lionsgate has sold the mafia movie back to the production company Emmett/Furla/Oasis, killing the film's December 15 domestic release, according to reports on Tuesday.

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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". The film also stars Travolta's wife Kelly Preston and their daughter Ella Bleu Travolta, along with Pruitt Taylor Vince, Stacy Keach, Chris Mulkey, Lydia Hull and rising star Spencer Lofranco. Travolta has played criminals and gangsters before, but he doesn't exactly scream "mob boss", while E from Entourage isn't exactly Martin Scorsese when it comes to bringing the necessary gravitas to this sort of project, and the decision to shoot this most NY of stories mostly in Cincinnati didn't bode so well either.

A rep for Travolta confirmed the Deadline report to the Daily News and stated that they are closing in on a deal witha distributor, but couldn't reveal details at this time.

"It is not a common thing", film producer and consultant Kathryn Arnold told the Daily News of the purchase.

Morgan says his team believes the movie could do gangbusters in wide release and he even believes Travolta could end up with some hardware on his mantle.

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John Travolta as John Gotti in 'Gotti'.

"It's a bold move", she continued.

Lionsgate did not immediately respond to a Daily News request for comment.

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