The Will and Jada Pinkett Smith produced feature “Splinter” won the festival’s top prize.
The two-part HBO film will premiere in March.
Decision follows backlash over plan to air four awards during commercial breaks.
Directors called plan to move four awards to commercial breaks “an insult.”
Event was scheduled to take place Wednesday night in Los Angeles.
Neeson’s film “Cold Pursuit” opened amid a series of media missteps.
After technical difficulties and copyright issues, the 1972 film is finally making its debut.
The film is slated to arrive in theaters this June.
The cancellation caps off a bad period of press for the actor.
Moviegoers stayed at home this weekend, with no film topping $10 million.
Screenings will be held at 250 AMC locations across the country.
The actor made his comments after “Black Panther” won the best cast award.