Two weeks ago, we reported that Paramount was considering bumping Martin Scorsese’s potential awards-contender The Wolf of Wall Street to 2014 because it wouldn’t be finished in time for this year.  The story is based on Jordan Belfort’s memoir about his corrupt business dealings on Wall Street and indulgence in sex, drugs, and all the other pleasures money can buy.  The film hasn’t officially budged from its November 15th release date, and reports said that Scorsese was hard at work trying to whittle down a massive first cut.  However, the November 15th date is highly unlikely because Paramount would only have a month to market the movie.  However, a December 25th release is in the cards, and now it’s looking like Scorsese will be able to make that date.

Hit the jump for more.  The Wolf of Wall Street stars Leonardo DiCaprio, Jonah HillKyle ChandlerMatthew McConaugheyJean DujardinMargot RobbieJon Bernthal, and Rob Reiner.

Showbiz 411 previously reported that The Wolf of Wall Street would definitely not be released until 2014.  It was presumed that Paramount might go for the Shutter Island route, and release the film early next year.  Shutter Island didn’t get any Oscar nominations, but it did turn out to be one of Scorsese’s biggest box office hits.

However, Showbiz 411 is now reporting that Scorsese and his longtime editor Thelma Schoonmaker are hard at work trying to cut the film down to a manageable length by November 25th.  After that, Scorsese has to leave to be a judge at the Marrakesh Film Festival.  Finishing the movie by November 25th will also give Paramount the time they need to build up a marketing campaign for the December 25th.  It’s worth noting that the studio plans to release a new trailer later this month.

As we previously reported, if The Wolf of Wall Street does make a Christmas Day release, then Paramount will almost certainly push back Jack Ryan: Shadow Recruit to mid-January.  After seeing the trailer for that movie, I’m not feeling the loss.

richard-jewell-movie-jonah-hill-leonardo-dicaprio
Image via Paramount Pictures