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Paramount Pictures Delays Shutter Island to February 2010

shutterisland-082309Yet another high-profile release is being pushed into 2010.  About a month ago Universal Pictures announced that they were moving The Wolfman into February 2010 (see related story), but now Paramount Pictures, in a much more unexpected decision, has announced that they are pushing the Martin Scorcese-directed/Leonardo DiCaprio thriller Shutter Island to February 2010 (it was originally scheduled to hit theaters this October 2nd).  Paramount says the reason for pushing back the film is based solely on their ability to find the financing to effectively market it.  Here’s what a source told Nikki Finke of Deadline Hollywood Daily:

I hear that Paramount told the filmmakers it doesn’t have the financing in 2009 to spend the $50M to $60M necessary to market a big awards pic like this. (But a studio source insists to me it’s got the cash, just not the home video sales: “Given where the DVD business is in 2009, our only hope is the economy and the retail business rebounds in 2010 because the hardest hit segment has been movies that play to an older adult audience,” a studio source tells me.

It’s a surprise, but I’m still very much looking forward to the film when it hits theaters.  The recently-released trailer was terrific and there’s no doubt in my mind this will be up for several categories come Oscar time.  Here’s the blurb from Paramount:

“Leonardo DiCaprio is among the most talented actors working today and Martin Scorsese is not just one of the world’s most significant filmmakers, but also a personal friend. Following a highly successful 2009, we have every confidence that Shutter Island is a great anchor to lead off our 2010 slate and the shift in date is the best decision for the film, the studio and ultimately Viacom.”

Shutter Island is now scheduled to hit theaters on February 19, 2010.