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Joaquin Phoenix’s sudden exit from film sparks ‘huge outrage’ in Hollywood
(www.independent.co.uk)
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My guess is that it's because this is his project - he originally brought the idea to the director and they worked it up into a script from there. So Phoenix probably has a lot of paperwork saying he can't be replaced and the distributors that have bought it likely have contracts that would prevent a bait-and-switch change of lead after they've paid for the rights.
I didn’t realize it was his, that would make sense! Now I’m even more curious why he would pull out of the project
I think that might all come out in the lawsuit but the THR report they mention says:
The fact that it contains gay sex scenes has been suggested as a contributing factor too. It might seem a great idea in the planning stages but for someone so method, he might have been struggling to get into the right head-space as the start of filming was looking.
Worth reading this: Joaquin Phoenix’s One-Man Cult of Depressive Method-Acting Vanity. It shows what an unusual space he works in and it seems very... fragile.
Hadn’t heard this before, but it’s funny how it immediately explains the energy he always seems to have in a role.