Updated
Updated · Mashable · Aug 24
Ketchup Entertainment Buys 'Coyote vs. Acme' After Warner Bros. Took $30 Million Tax Write-Off
Updated
Updated · Mashable · Aug 24

Ketchup Entertainment Buys 'Coyote vs. Acme' After Warner Bros. Took $30 Million Tax Write-Off

3 articles · Updated · Mashable · Aug 24

Summary

  • Ketchup Entertainment has acquired distribution rights to “Coyote vs. Acme,” reviving a completed Looney Tunes live-action/animation film that Warner Bros. shelved in November 2023.
  • Warner Bros. had parked the movie to claim about a $30 million tax loss, despite a cast led by Will Forte, John Cena and Lana Condor, a script by Oscar-nominated writer Samy Burch, and production by James Gunn.
  • The film follows Wile E. Coyote suing Acme over its faulty products, turning the cartoon premise into a legal satire and whistleblower story set around a courtroom battle.
  • A published review called the movie smart, funny and emotionally effective, arguing its rescue after fan and filmmaker backlash underscores wider tension between studio cost-cutting and preserving finished films.

Insights

With a $50 million price tag, can this rescued Looney Tunes underdog actually defeat the studio system at the box office?
Will the unprecedented fan-backed release of this shelved comedy force Hollywood to finally rethink its controversial tax write-off strategy?