Oscar Contenders

Scorsese's 'Wolf of Wall Street' Will Open on Christmas Day

Now will Jack Ryan be moving to January?

The Wolf of Wall Street movie trailer
Leonardo DiCaprio in The Wolf of Wall Street
Photo: Paramount Pictures

After a long period of speculation it looks like Paramount has finally settled on a Christmas Day release for Martin Scorsese and Leonardo DiCaprio's The Wolf of Wall Street. After turning in a cut of the film that was said to be a little over three hours, Scorsese took to the editing room to trim some of the running time before he heads off to head the Marrakech Intl. Film Festival beginning November 29.

Originally slated for a November 15 release, the adaptation of Jordan Belfort's tell-all autobiography stars DiCaprio as Belfort, a Long Island penny stockbroker who served 20 months in prison for refusing to cooperate in a massive 1990s securities fraud case that involved widespread corruption on Wall Street and in the corporate banking world, including mob infiltration. Joining DiCaprio in the film is the aforementioned McConaughey along with Jonah Hill, Kyle Chandler, Margot Robbie, Jon Favreau, Rob Reiner, Jean Dujardin, PJ Byrne and Kenneth Choi.

The switch to a December 25 release, however, pits Wolf of Wall Street opposite a massive crop of Christmas Day films including 47 Ronin, August: Osage County, Believe, Grudge Match, The Secret Life of Walter Mitty and the limited releases of Labor Day and The Invisible Woman. There is no telling just yet if Wolf too will get a limited release and expand later in January, but it is expected Paramount's Jack Ryan: Shadow Recruit starring Chris Pine will move from Christmas Day to January 17, though that hasn't yet been made official.

[via Los Angeles Times]

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  • http://www.ropeofsilicon.com/profile/Corbin/ Corbin

    Well, that's good for Wolf, maybe not so good for Jack Ryan. But that Christmas is way too crowded. Also, I noticed that all of the high-prestige films that were set to be released on November 15, The Counselor, The Fifth Estate, and Wolf, moved to different days. Only Best Man Holiday remains.

  • http://www.ropeofsilicon.com/profile/Adu/ Adu

    Wow, talk about throwing it to the wolves! That's a mean slot it finds itself in, though I'm happy we can see it this year at least.
    I wonder what running time the film will have after those damn studio's need to change the director's vision! I just hate that.

    • http://www.ropeofsilicon.com/profile/navaneethks/ navaneethks

      Yeah I am curious about the runtime now.

    • http://imqwerty.wordpress.com/ Jordan B.

      "throwing it to the wolves", I see what you did there.

    • Stephen Kaiser-Pendergrast

      It's probably not too much shorter anyway, so that's good. I mean, the Aviator was around 170 minutes. And it might not have been the studios, since I believe Scorcese has the right of final cut. He might have screened the film with the execs and just felt like it was too long. Or the execs recommended he cut it and he agreed with their reasoning (which was the case with The Dark Knight back in '08, it was originally around 170 minutes).

      Or it was in his contract that it had to be under 3 hours and he just didnt finish editing in time. Cause films have due dates when you make them for major studios (usually 10 or 12 weeks after wrap), so he may very well have just handed in the incomplete film, with the intention of going back and reediting it anyway, knowing the execs would also want him to reedit it (I believe this was the case with Django).

    • http://www.ropeofsilicon.com/profile/lalecture/ lalecture

      Yeah I do hope that scorses will include a directors cut on the blu ray

  • http://www.ropeofsilicon.com/profile/navaneethks/ navaneethks

    THE BEST PRESENT EVAAARRRR!!!!!

  • http://www.ropeofsilicon.com/profile/navaneethks/ navaneethks

    But damn, Christmas day is wayyyyy too crowded. This will probably win the weekend. Hopefully.

  • http://www.ropeofsilicon.com/profile/StephanieB/ StephanieB

    Looking at the other film out around that date, this will probably end up being my birthday movie this year. After Gatsby's shift last year, I ended up seeing The Hobbit in 48 fps, something I will NEVER do again.

  • robotsrule

    That's very crowded indeed and there's a bunch of different genres represented to appeal to as many audiences as possible. Hard to even gauge who would have the biggest draw of that group. Keanu hasn't had a hit in ages but special effects and spectacle may pull in the the biggest movie going demographic of young males. Still 47 Ronin looks like a bomb to me. For the baby boomers I think it's going to depend on how effective the marketing is for some of these films. I could see my parents being drawn to either August, Wall Street, or Mitty although Ben Stiller doesn't register with them at all. He's always made films directed at us (generation X). Grudge Match looks really bad and I can't imagine it getting much draw without really good word of mouth from critics ahead of release. Believe is obviously for the younger female demographic so maybe parents will buy tickets for the kids and go see something else in the same theater. For my part Scorsese is pretty much guaranteed to get me to see his films opening day. Despite not loving all of his recent work, he nonetheless always gives us something to think and talk about. DiCaprio tends to be hit or miss for me. I don't doubt his talent but he seems miscast quite often to me trying to take on parts that he is not suited for. That being said I think his best work may have been in Django so maybe he's on a bit of a roll and he seems perfectly believable as a Wall Street Tycoon.

  • Bazellis

    Who goes to the cinema on Xmas Day???

    • http://www.ropeofsilicon.com/profile/Ian/ Ian

      Lots of people. The biggest overall weekend of all-time was Christmas weekend 2009 (when Christmas was on a Friday). When Christmas falls on a Sunday it can account for around half of weekend business (due to the few days before Christmas generally being very light), something that never happens any other time. Last year's Christmas Day openers Django and Les Mis both had their biggest days on Christmas and it was a Tuesday. In short, it's a major moviegoing day (at least in the U.S. and Canada).

    • Josh Purdy

      My family has made it a tradition to go to a movie on Xmas Day. And it's incredibly busy when we go. Lots of people do it.

    • http://www.twitter.com/GregDinskisk GregDinskisk

      I've gone to the cinema on Christmas the past three years. Saw Girl with the Dragon Tattoo and Django there.

  • Art

    Hell yea so the rumor was true. Lots of films but this is the one I'm looking forward to Christmas.

  • http://www.ropeofsilicon.com/profile/Fox/ Fox

    Doesn't American Hustle go wide on Christmas as well?

    • http://imqwerty.wordpress.com/ Jordan B.

      As of right now, yes. Hopefully Sony doesn't move it like they did Zero Dark Thirty last year -- I'd love to catch an American Hustle/Wolf of Wall Street double bill.

      • http://www.ropeofsilicon.com/profile/Ian/ Ian

        The problem is that they're competing for the exact same audience. At this point I think going the Zero Dark Thirty route is probably Sony's best option. Of all the big awards contenders American Hustle is the hardest one for me to get a feel for at this point (probably along with The Monuments Men). I expect it to be good but I honestly have no idea how it will be received by the public or the Academy...and like it or not, both of these factors will be affected by the release pattern.

  • theJackal

    Why are they choosing to dump Jack Ryan in January? Basically they are ensuring that their potential new franchise gets off to a slow start. This makes no sense.

    Thems the facts

  • http://www.thecasualheroes.com/ Grissom

    Why not move Jack Ryan UP? What's causing it to go to January?

    • http://imqwerty.wordpress.com/ Jordan B.

      Money-wise, I think it makes more sense to push it to January than to move it earlier. While January is traditionally a dumping ground for bad films, a decent action thriller could perform quite well in that empty space.

    • Stephen Kaiser-Pendergrast

      Jack Ryan's still in post-production, so there's the possibility it might not be completed in time for an earlier release in November. Especially since it's an action film which takes longer to complete. And there's already so much competition in December, it would hurt the film's prospects. Especially since it would be in the same month as Wolf of Wall Street, and both are Paramount films, so Paramount would be cannibalizing its profits.

  • http://www.thecasualheroes.com/ Grissom

    Aside from Anchorman 2, the December 20 weekend isn't slammed.

    • http://www.ropeofsilicon.com/profile/Ian/ Ian

      It already has four wide releases and it's the second weekend of The Hobbit. That's a pretty tough marketplace.

  • http://www.ropeofsilicon.com/profile/Ian/ Ian

    I'm glad it's still opening this year and that it's still in position for the awards race should it be deserving (though I doubt it will ultimately be a major player). As I've said before, late December is extremely crowded this year, even moreso than usual. I expect that this will be the start of several movies shifting dates to try and get into better position. I think it's very curious that Nov. 15 which was once so heavy has become so light. This year is actually a calender anomaly in that it's the only time in the six year (or five when it's a leap year) cycle that there are four full weekends in November before Thanksgiving, so the studios are essentially playing with one more weekend than normal. Unfortunately it's so soon that it's unlikely any movies dated for later can shift forward to that date. Maybe it would be a good wide release date for 12 Years a Slave, but the film's website (updated today with new locations for this weekend incidentally) indicates that it's still going wide Nov. 1.

    Back to Christmas, who knows what will happen. I could see one or of both Jack Ryan and 47 Ronin going to January, or Walter Mitty cutting back to limited followed by wide in January. Grudge Match has bounced around but that seems to have the broad appeal that studios desire around the holidays (all the way from kids to 80 year olds due to the stars), so it will likely stay where it is. I expect American Hustle will now hold off on going wide until January (which could potentially delay it's limited release a week or two; I wouldn't be surprised if Sony mimics what they did with Zero Dark Thirty last year). August Osage County is already scheduled limited on Christmas.

    • http://imqwerty.wordpress.com/ Jordan B.

      I'd say Jack Ryan is the most likely to move, if only because Paramount won't pit two of its own films against each other in the same opening weekend.

  • http://www.ropeofsilicon.com/profile/Winchester/ Winchester

    There may be plenty of money available on Christmas Day from moviegoers but that's all still too crowded for one day even if there's a range of demo's catered for on paper.

    Paramount needs to get 'Wolf' out at least in limited because if it doesn't then they have limited chances come Oscar season (since Nebraska looks like a couple of acting noms mostly and Labor Day has already fizzled out) and despite Paramount looking like more and more of a shambles this year I can't see them opening three films on the same day.

    Jack Ryan needs to move..............but if it moves to January then Paramount might as well write off it's wannabe new Chris Pine franchise. If I was them I might be tempted to hold it for longer and open it in May/June 2014 time. Paramount currently has nothing opening between Noah in March and Transformers: Age of Extinction in June so they're missing one of the biggest months of the year right now and I think that would be a better place to try and play Ryan if they want it to have a chance.

    Universal needs to keep 47 Ronin in December to hopefully capture enough global Holiday season money to avoid writing off all the profits from Fast Six and Despicable Me 2, after R.I.P.D already ate into them.

    The limited release films should be OK as the play limited anyway and I don't see anything else moving too much at this stage. But it's still a crowded time of the year and something will get clobbered along the way.

    • http://www.ropeofsilicon.com/profile/Ian/ Ian

      Good point on maybe holding Jack Ryan for summer. This coming summer honestly seems pretty light to be compared to the last few (and certainly to the coming cinepocalypse in 2015), so there's probably plenty of room if they want to go that route. I have a hard time seeing 47 Ronin make money no matter when its released, certainly in North America. It will do well in Asia but will it be significant anywhere else? In my mind they'd have a better chance if they waited until maybe even February, which is traditionally stronger than January. Unless you're thinking about the calender year in terms of profits and taxes an all that fun stuff in which case they're only counting on one week in 2013 anyway.

      • http://www.ropeofsilicon.com/profile/Winchester/ Winchester

        I was probably being slightly facetious on 47 Ronin, I really just meant that the season is effectively a bit of a cash hoover where a lot of films that wouldn't make as much at other times of year can sometimes make bank, and with the size of budget it carries, for it's overall results, releasing it when it can make as much as it can given increasingly low expectations might be something Universal is interested in.

  • yrabadi

    I must be the only one who doesn't care.

  • http://moviereviewninja.com themoviewatcher

    Great news even though that day is very crowded.

  • http://letterboxd.com/criterion10/ Criterion10

    Great Christmas present.

  • http://www.ropeofsilicon.com/profile/jinjuriki187/ jinjuriki187

    i just hope its oscar chances remain high. this movie looks amazing and i hope its good, it makes the oscar race a lot tighter again.

  • Jack Tylers

    Good awards positioning, unless Leo suffers a similar fate he did in Django and not enough screeners were sent out.

    But it's way too busy ox Xmas.

    Family audiences will be divided between The Hobbit 2 and Walter Mitty, while the action crowd has Hobbit 2.

    Comedy audiences have Anchorman 2.

    That leaves, wide release, Wolf/Hustle/Monuments... I think more will see Wolf than Hustle

    • http://www.ropeofsilicon.com/profile/Ian/ Ian

      Don't forget Saving Mr. Banks.

  • Sethcohen26

    Why would jack ryan move??? That's a mistake not offering an action alternative for the holidays

  • Sethcohen26

    Can Leonardo Dicaprio please move to the front of the line for best actor now?!

  • IngmarTheBergman

    I'm very excited for this, but quite frankly, the release date doesn't matter to me at all.