Paramount pushes 'Shutter' back to 2010

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By Adnan Tezer Aug 24, 2009, 18:46 GMT

In a move that is bound to gather speculation and gossip in Hollywood, Paramount announced its shift of Martin Scorsese’s “Shutter Island” from Oct. 2, 2009 to Feb. 19, 2010 over the weekend.

According to Variety, Paramount insists that it was a simple business decision. In a statement, studio chairman-CEO Brad Grey said “Shutter” will be more profitable in February.

In Variety, Grey stated: “Our 2009 slate was greenlit in a very different economic climate and as a result we must remain flexible and willing to recalibrate and adapt to a changing environment. This is a situation facing every single studio as we all work through the financial pressures associated with the broader downturn.”

Many insiders wondered why Paramount made the decision only six weeks before the film would have opened. Paramount clearly tried to downplay the news as much as possible by announcing the date shuffle on Friday afternoon.

The film had been high on the list of possible Oscar contenders this year, given the Scorsese-DiCaprio track record and the fact that it’s based on a novel by Dennis Lehane (“Mystic River”).

However, the trailers, which have been running for several months, sell it as a thriller, which is not always a genre that gets award attention. Paramount executives indicated Friday that they believe “Shutter Island” will be as strong a contender for 2010 awards as it would have been this year despite the fact that films released in the first quarter of a calendar year hardly ever get Oscar consideration.

The international launch of “Shutter Island” will also be pushed back to February.

Laeta Kalogridis wrote the script for “Shutter,” which is a co-production between Phoenix Pictures, Scorsese’s Sikelia and DiCaprio’s Appian Way production companies. Mike Medavoy, Arnold Messer, Brad Fischer and Scorsese are producing.

The film is set in 1954, with DiCaprio portraying a U.S. marshal investigating the disappearance of a murderess who escaped from a hospital for the criminally insane and is presumed to be hiding on the remote Shutter Island.

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Set in 1954, the film follows U.S. Marshal Teddy Daniels (DiCaprio) as he investigates the disappearance of an inmate from a hospital for the criminally insane. The murderess is thought ...more

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