Columbia Pictures and Regency Enterprises are delaying the release date of director Cameron Crowe‘s untitled project starring Bradley Cooper, Emma Stone and Rachel McAdams until May 29, 2015. The studio previously dated it for Christmas 2014, but execs decided after seeing the film that it was better as a summer release. That takes it out of any contention for Oscar nominations this year as well. It now will debut the weekend after Memorial Day and in a summer slot that has nothing really competing with it: Insidious: Chapter 3 and Monster Trucks.

Image (2) columbia_pictures_logo_520.jpg for post 698088“Once we saw the film, we knew that it would make a perfect summer release. The movie is Cameron at his best,” said Jeff Blake, chairman of worldwide marketing and distribution for Sony Pictures. Sony also released Crowe’s Best Picture Oscar nominee Jerry Maguire (1996) and Almost Famous (2000), which earned Crowe a Screenplay Oscar.

The project, set in Honolulu and produced by Scott Rudin and Crowe, is about a well-known military contractor (Cooper) who returns to his glory days — the U.S. space program in Hawaii – and reconnects with an old flame (McAdams) while getting swept off his feet by a hard-nosed Air Force watchdog (Stone) who has been assigned to him. Bill Murray plays a billionaire with questionable intentions who wants to launch a complex satellite system. The film also stars John Krasinski, Danny McBride and Alec Baldwin. The executive producers are Ilona Herzberg, Eli Bush, and Ben Waisbren. Crowe most recently directed and scripted 2011’s We Bought A Zoo.