After meetings with the studio, the release date for Wolf Of Wall Street was pushed back to December 25 and Scorsese was given the task of fixing the ratings problem and landing a more manageable length. In order to do both, the director reportedly cut out some of the more graphic sex scenes/ moments of nudity, as well as some other moments that were apparently not important to the overall plot. According to The Hollywood Reporter, the result of those changes is a two hour and fifty-nine minute film with a certified R-rating from the powers that be over at the MPAA.
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Really excited to see this film! I don't remember being so excited about a Hollywood film in months!
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