Warner Bros: clean up
In August 2022, Warner studios announced, to everyone’s surprise, that the film Bad girl, so in post-production it would ultimately not be released. Although the company had already spent $90 million on the project, it decided that the costs associated with releasing the successful film would ultimately be higher than simply abandoning the project, especially since early test screenings were not were very conclusive.
This radical decision occurred in the context of the merger between WarnerMedia and Discovery, marking a strategic turning point for the new management who wanted to focus on the “great cinema films”. We remember it Bad girl a streaming release on the HBO Max platform was planned.
A little over a year after this controversial decision that sparked a lot of reactions in the film industry, a new film already shot was just thrown in the trash by Warner Bros. as we learn Expiration.
Coyote vs. Acme will not be released in theaters
In a movement that recalls the cancellation of Bad girlWarner Bros. recently decided not to release another highly anticipated film: Coyotes vs. Acme. This film produced by James Gunn mixes animation and live action in the style of Of those who want skin Roger Rabbit?, was based on the iconic Looney Tunes characters. Despite a $70 million production budget and positive feedback during testing, Warner opted for a “tax write-off,” or tax deduction, estimated at $30 million.
The concept of “tax write-off” in this context means that Warner Bros. chose to report the film’s production costs as a loss, thus reducing its tax liability. This decision is often made when the distribution and marketing costs of a film are considered too high compared to the potential benefits.
In case of Coyotes vs. Acmedespite interest from some parties in acquiring it for their streaming services, Warner felt that the additional costs did not justify a theatrical release or sale to another distributor.
For Warner Bros. this marks a new era under the leadership of David Zaslav, in which decisions are heavily influenced by financial and strategic considerations, sometimes to the detriment of artistic creativity and engagement with fans.
What was the movie Coyote vs.? Acme?
The film Coyotes vs. Acme was based on iconic Looney Tunes characters, particularly Coyote, known for his incessant and failed attempts to capture Beep Beep. The film’s screenplay was inspired by a funny New Yorker article written by Ian Frazier.
In this film, Coyote, after being repeatedly disappointed by the Acme Corporation’s defective products in his eternal quest for Beep Beep, decides to sue the company. The film was supposed to follow Coyote as he hires a lawyer, played by Will Forte, to help him with his lawsuit against Acme. Coyote’s case pitted him against his intimidating ex-boss, played by John Cena. As the story progressed, a friendship grew between the man and the cartoon, strengthening their determination to win the case.
Source: Cine Serie
Ray Ortiz is a journalist at Gossipify, known for his coverage of trending news and current events. He is committed to providing readers with accurate and unbiased reporting, and is respected for his ability to keep readers informed on the latest news and issues.
