Scorsese's latest opus "Shutter Island" has had its release date bumped to Feb 19, thereby pulling it out of the running for this year's Oscars. According to Deadline Hollywood Daily, the reason for the move is strictly financial:
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."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," Said Paramount CEO Brad Grey. " 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."