It's Official: 'Jack Ryan' Moving to January 2014

David Lee / Paramount Pictures
"Jack Ryan: Shadow Recruit"

The shift means that Martin Scorsese's "The Wolf of Wall Street" will likely be done in time for a Christmas release.

Paramount and Skydance Productions are pushing back Jack Ryan: Shadow Recruit to the Martin Luther King Jr. holiday, an increasingly lucrative moviegoing weekend. From director Kenneth Branagh, Jack Ryan -- starring Chris Pine as the iconic character created by the late Tom Clancy -- was set to open Dec. 25; it now hits theaters Jan. 17.

There's still no official word on whether Martin Scorsese's The Wolf of Wall Street will instead open over the Christmas corridor, but the decision to officially move Jack Ryan indicates Scorsese may have found a way to finish the movie in time (Wolf was originally supposed to open Nov. 15).

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Insiders say Scorsese's first cut of Wolf of Wall Street was 180 minutes long. Based on former broker Jordan Belfort's best-selling memoir, the movie also stars Matthew McConaughey, Jonah Hill, Jean Dujardin, Rob Reiner, Kyle Chandler, Margot Robbie, Jon Bernthal, Cristin Milioti, P.J. Byrne and Ethan Suplee.

Terence Winter adapted the screenplay, which chronicles Belfort's dramatic rise and fall on Wall Street, his hard-partying lifestyle -- which included drug and alcohol addiction -- and his tumultuous personal life.

Red Granite's Riza Aziz and Joey McFarland are producing with DiCaprio, Scorsese, Emma Koskoff and Alexandra Milchan.

Jack Ryan, starring Pine opposite Keira Knightley, hopes to relaunch Paramount's marquee spy franchise. Skydance is Paramount's partner on the film, which also stars Kevin Costner. While based on the hero of Clancy's best-selling book series, the movie is an original story that traces how a young Jack Ryan joined the CIA.