The real reason behind Jupiter Ascending's delay

I don't think it necessarily disappointed anyone that the newest Wachowski Siblings film, Jupiter Ascending, was unexpectedly delayed but we now have some information as to why it was.

According to Yahoo! Movies, the studio decided to scrap the July 2014 opening after test screenings documented a large number of complaints about the film's incomplete digital effects and wacky plot. WB President of Worldwide Marketing and Distribution Sue Kroll and other film executives also saw the film and decided it wasn't quite ready for release.
Jupiter Ascending is already sitting on a $175 million budget and the cost of the fixes that need to be made and general marketing costs to delaying a film is no doubt going to skyrocket it even higher. The estimated figure for the new worldwide marketing alone is $100 million. Not to mention the film already has gone through two reshoot schedules this past January and April to clarify plot points and gain extra footage.

This isn't the first time Warner Bros. has delayed a film feeling it wasn't quite completed. Studios have recently become more apt to delay a film, despite the ridiculous cost to the studio, to ensure a better product in the end. The CEO of Framestore, who did the effects for Jupiter Ascending, backed this up citing examples such as Gravity and 300: Rise of an Empire. Gravity was completed a year prior to its release and 300 was delayed several months as the studio received complaints that the film's effects were not ready.
Warner Bros. no doubt remains hopeful that this delay will gain more interest for Jupiter Ascending. I saw a preview for this before Godzilla and I thought it looked ridiculously stupid. The effects looked bad and I'm sorry, but Channing Tatum shouldn't be in a film like this.
It also is leaving a big gap in the schedule for the studio's films. Godzilla did well, but both Blended and Edge of Tomorrow did not do as well as expected. Edge of Tomorrow isn't even close to breaking even on its $175 million budget. This also hurts the Wachowski's as their previous two films (Speed Racer and Cloud Atlas) were complete bombs at the box office. Jupiter Ascending was supposed to be their big return to the sci-fi genre.

Jupiter Ascending delayed until 2015

This is a rather surprising move since the release is a month and a half away, but Warner Bros. has decided to push Jupiter Ascending from July 18th to February 6, 2015. The sci-fi flick directed by the Wachowski siblings Mila Kunis and Channing Tatum.

The July release put the film against The Purge: Anarchy, Planes: Fire and Rescue, and Sex Tape so to say the weekend was crowded is not stretching it. The new release puts it against Mortdecai, Seventh Son, and Run All Night. However, I personally don't understand this move. That is how much money wasted on marketing, materials, post-production, etc.. Not to mention the fact that 2015 is much more crowded than 2014.

But at the same time I don't give a shit because this movie looks terrible. Bummer.

Ted 2 set for June 2015 release

Seth MacFarlane's sequel to 2012's Ted, appropriately titled Ted 2, will hit theaters on June 26, 2015.

Ted, starring Mark Wahlberg and Mila Kunis, told the story of a man living with a teddy bear who came to life when he was a young boy. It was Universal's biggest hit in 2012 making $550 million at the box office. MacFarlane will return to voice Ted and will also be writing and directing the sequel.
The sequel will join a very busy 2015 schedule including Jurassic World, Inside Out, Assassin's Creed, The Terminator, and Independence Day 2. Ted 2 will hit just 2 weeks before Universal's Despicable Me spin-off, Minions.

I personally hated Ted, so this is definitely a 2015 release I will be skipping.