- Associated Press - Wednesday, May 23, 2012

LOS ANGELES (AP) - G.I. Joe won’t be going into action on the big-screen this summer, after all.

The Hollywood Reporter says Paramount Pictures yanked its sequel “G.I. Joe: Retaliation” from its June 29 release date and rescheduled the movie for March 29 next year.

While it’s not uncommon for studios to shuffle opening dates, it is rare for such a big-budget movie to get the bump so close to its release.

Paramount executives told the Reporter the move was made so the studio would have time to convert “G.I. Joe: Retaliation” into a digital 3-D version.

Action films often get most of their revenue from 3-D showings, which cost a few dollars more per ticket and can boost a movie’s prospects to make its money back.

Paramount did not immediately return calls from The Associated Press.

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