John Travolta crushed his own movie with the hope that he would play better elsewhere.
The next film from the star "Gotti" would debut on December 15 under the Premiere division of Lionsgates, which had planned a small-scale release of the mafia movie – a choice that Travolta did not like.
"Lionsgate was planning a minimal release and I did some research on people who might have the interest and financial means to launch it better." Ed (Walson) is a fan of Gotti's story, and I really wanted to see the movie I invited his group, they saw it and they bought it, that's the simple explanation for this, "Travolta told Deadline after it was reported that Lionsgate was the one who planned not to release the film so close to the date.
"It was not eliminated, it was not easy to get Lionsgate to leave him, they said no, twice, and I literally begged them to reconsider and finally and generously let him go," Travolta continued until the deadline.
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"We signed this agreement about three weeks ago, to buy back the Lionsgate film, our mistake was that we should have said something at that time, and we discussed our plan for the film. this speculation that is so grossly wrong. "
A source familiar with the agreement told the Daily News that the film directed by Kevin Connolly was sold to producers a few weeks ago and that the discussions were ongoing for quite some time.
The source added that Lionsgate was happy to sell the film to give Travolta and producers the opportunity to release the film however they wanted.
Travolta explained that he was able to find Walson, who produced five Broadway plays and eight films, including Woody Allen films "Café Society" and the upcoming "Wonder Wheel" "
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A representative of Travolta confirmed the deadline report for the Daily News and stated that they are approaching an agreement with a distributor, but could not reveal details in this time
He also told The News he could not comment on whether Lionsgate was compensated for his investment in the film.
Industry experts say that these kinds of situations do not happen very often.
"It's not common," producer and consultant Kathryn Arnold told the Daily News about the purchase.
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"He is a movie star who is probably proud of his work and wants to expand a version as much as possible," he continued.
Arnold said that it is likely that Travolta and his sponsors have to pay Lionsgate for anything they present in the film, and perhaps something else, to free them from any debt.
"It's a bold movement," he continued.
"It's very expensive not to release a movie."
Walson told Deadline that the plan is to get the film sh in Cannes and then make a big release shortly after and said he deserved the "brightness" of the festival film
"It's a supreme work that I thought deserved the proper recognition … I've seen the frustration that sometimes happens when distributors do not think of ready ways to promote a movie, let alone spend P & A money "he told Deadline. "I thought:" Here is an opportunity to take a magnificent movie and make it look ".
Lionsgate did not immediately respond to a Daily News request for comment.
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