'Parental Guidance' Premiere Canceled Following Newtown Tragedy

Another movie premiere has been canceled in light of Friday's tragic school shooting.

Following the cancelation of Tom Cruise's "Jack Reacher" premiere late Friday night, the Los Angeles premiere of Bette Midler and Billy Crystal's new comedy "Parental Guidance" has been canceled out of respect for the victims and families of the tragic violence in Newtown, Connecticut.

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"In light of the horrific tragedy in Newtown, Connecticut we are canceling the red carpet press event and the after party for the 'Parental Guidance' premiere, scheduled today in downtown Los Angeles," Twentieth Century Fox, the studio behind the new movie, said in a statement to Access Hollywood on Saturday. "The hearts of all involved with this film go out to the victims, their families, their community, and our entire nation in mourning."

Bette and Billy play a married couple caring for their three grandchildren in the upcoming film, which also stars Marisa Tomei.

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"Parental Guidance" is set to open in movie theaters on Christmas Day.

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