Briefly: We previously reported that Martin Scorsese‘s The Wolf of Wall Street would likely be released on December 25th. The story, based on Jordan Belfort‘s memoir, chronicles the broker’s rise and fall as he vast riches lead him into a hedonistic lifestyle. According to THR, Paramount chairman Brad Grey officially gave a go-ahead for the Christmas release date after seeing Scorsese’s new cut late yesterday. Scorsese’s original cut ran over 180 minutes, but the final runtime is 165 minutes. The movie looks insane, but it will also be the biggest prestige picture on December 25th opening opposite The Secret Life of Walter Mitty, 47 Ronin, Grudge Match, and the Justin Bieber documentary Believe. It may not win the box office that weekend, but it could have a serious shot at getting into the awards race.
The Wolf of Wall Street stars Leonardo DiCaprio, Matthew McConaughey, Jonah Hill, Jean Dujardin, Rob Reiner, Kyle Chandler, Margot Robbie, Jon Bernthal, Cristin Milioti, P.J. Byrne, and Ethan Suplee. The new trailer will be released later today.