John Travolta's Gotti Biopic Dropped by Lionsgate

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"Lionsgate was planning on a minimal release and I did an investigation into people who might have the interest and financial wherewithal to better release it". John said he "begged" them to reconsider and finally they "generously" let it go.

The speculation Travolta might be referring to is Twitter's reaction to the news that the film had suddenly been dropped, questioning if the actor might be joining the ranks of countless male celebrities who have recently been met with assault and harassment allegations, leading many to be dumped from their respective projects (ex. Kevin Spacey, Louis C.K.). About three weeks ago, Travolta claims to have personally sought out a new financier: Edward Walson, a producer of Broadway plays who's also backed such films as Woody Allen's Café Society and Wonder Wheel. "We didn't anticipate this speculation that is so grossly wrong".

Lionsgate sold Gotti back to the production company according to reports on Tuesday (December 5), leading some reports to suggest that the movie's release was scrapped.

"All these reports are saying the studio "dropped" Gotti and John Travolta, that's 100 percent false", says the film's executive producer Keya Morgan. There is said to be some buzz on Travolta's role in the film, so finding one shouldn't be a problem.

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Industry experts say these types of situations don't happen very often.

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. Travolta said there was "something humane" about Gotti, and that the theme of the movie is how a leader acts when fronting an organization which is expected to behave ostentatiously.

HuffPost has reached out to a Travolta rep and Lionsgate for further details but didn't immediately hear back.

"It's a supreme piece of work I thought deserves proper recognition". "I thought, 'Here is an opportunity to take a magnificent movie, and get it seen'".

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