Tom Cruise's Valkyrie release pushed back again

The release date of Tom Cruise's Valkyrie has been pushed back again.

Originally slated for a June release, and then an October release, the action film set during World War II will now hit theaters for President's Day weekend.

When it opens on February 13, 2009, Valkyrie will compete with Confessions of a Shopaholic and Pink Panther 2.

"MGM is proud and excited to be presenting 'Valkyrie,' and because of that we want to give it the best launch possible," said Clark Woods, President of Domestic Distribution of Metro-Goldwyn-Mayer Studios, which is distributing the movie domestically. "When an opening became available for President's Day Weekend, we seized the opportunity. Having seen a lot of the film and how great it is going to play once it's finished, moving into a big holiday weekend is the right move.

"'Valkyrie' is shaping up to be a phenomenal movie," said Dennis Rice, President of Worldwide Marketing and Publicity for United Artists, which made the movie. "We're delighted that MGM has agreed to hold the release until the very strong holiday weekend."

In the film, Cruise stars as Colonel Claus Graf Schenk von Stauffenberg, the leader of the unsuccessful attempt to assassinate Adolf Hitler in July 1944 with a bomb hidden in a briefcase.