Warner Bros. has avoided a possibly catastrophic DiCaprio overload by rescheduling The Great Gatsby for release in the summer of 2013. 

The exact date has yet to be specified, but Dan Fellman, the President of Domestic Distribution at the studio, explained, “Based on what we’ve seen, Baz Luhrmann’s incredible work is all we anticipated and so much more.  It truly brings Fitzgerald’s American classic to life in a completely immersive, visually stunning and exciting way.  We think moviegoers of all ages are going to embrace it, and it makes sense to ensure this unique film reaches the largest audience possible.”

This move removes Luhrmann's 3D take on F. Scott Fitzgerald's classic novel from awards season contention this year, but it's a fairly safe bet that even with a summer release date, we'll be seeing Catherine Martin's costume and production design during the next year's awards festivities.

Rescheduling also removes the art-deco extravaganza from a very crowded late December.  Not only is Tarantino's period piece arriving on the holiday, the Seth Rogen and Barbara Streisand dramedy Guilt Trip will also debut on December 25th.  The holiday movie season kicks off properly on December 14th with two heavy hitters: The Hobbit: An Unexpected Journey and Les Miserables, from directors Peter Jackson and Tom Hooper, respectively.  A week later, multiplexes will be crowded with the addition of Judd Apatow's This Is Forty, Jack Reacher starring Tom Cruise, and Kathryn Bigelow's bin Laden hunt thriller Zero Dark Forty.

So this December might simply have too many movies bouncing around for The Great Gatsby to be the event Warner Bros. would like it to be.  Maybe the studio figures The Hobbit is enough movie for the holiday season.

No matter what the exact thinking, DiCaprio reunites with his Romeo + Juliet director Luhrmann.  The Moulin Rouge! and Strictly Ballroom director adapted Fitzgerald's novel with co-writer Craig Pearce.  Tobey Maguire plays naive narrator Nick Carraway, while Carey Mulligan's Daisy Buchanan is the object of Jay's misguided affections.  Joel Edgerton is Daisy's wealthy two-timing husband Tom, stunning Isla Fisher incongruously plays plain Myrtle Wilson, and Jason Clarke show up as her husband, mechanic and cipher George Wilson.