David Zaslav has been preaching the gospel of Tinseltown labor peace since the SAG-AFTRA strike ended, and now the Warner Bros Discovery CEO is putting his money where his mouth is when it comes to his own backyard.
13.11.2023 - 20:25 / variety.com
Rebecca Rubin Film and Media Reporter “Coyote vs. Acme” is officially on the market. Days after Warner Bros.
announced it’s shelving the completed Looney Tunes-inspired film as a $30 million tax write-off, the studio is letting the filmmakers shop “Coyote vs. Acme” to other distributors. Puck, a newsletter covering the industry, and Deadline first reported that screenings are being set up for Amazon Prime Video, Apple and Netflix to acquire the movie, which finished filming in 2022 and was intended to play in theaters.
Amazon and Netflix were active buyers during the pandemic as traditional studios were siphoning off films for extra cash, but nothing has been ironed out for “Coyote vs. Acme.” Sources familiar with negotiations say the movie hasn’t been screened yet. In these instances, rights go to the highest bidder.
It’s unclear if another company would want to buy a movie that Warner Bros. deemed unworthy to release on the big or small screen. But streaming services always need fresh content, especially of the family-friendly variety, to keep subscribers.
And the writers and actors strikes (the second of which finally ended on Friday) shut down production for most of the summer and fall, delaying any projects in the pipeline. “Coyote vs. Acme,” a $70 million live action-animation hybrid starring John Cena and Lana Condor, is the third movie in two years that Warner Bros.
has axed for tax incentives. A similar situation transpired a little over a year ago when Warner Bros. discarded the $90 million-budgeted DC adventure “Batgirl” and the kid-friendly “Scoob! Holiday Haunt.” The studio positioned that decision as a one-time-only tax write-off, which made the news of “Coyote vs.
David Zaslav has been preaching the gospel of Tinseltown labor peace since the SAG-AFTRA strike ended, and now the Warner Bros Discovery CEO is putting his money where his mouth is when it comes to his own backyard.
EXCLUSIVE: Actor-comedian and writer Jamie Lee (Crashing) and actor-comedian Nikki Glaser (FBoy Island) are set to star in and executive produce Unsettling, a half-hour, single-camera comedy, which is in development for Prime Video, from Warner Bros. TV, Bill Lawrence‘s studio-based Doozer Productions, and Amazon MGM Studios.
Patrick Frater Asia Bureau Chief Warner Bros. Discovery China is launching reality TV show “Glow Up China” in mainland China later this month. Delving into the universe and talents of Chinese make-up artists, the series will launch on leading streaming platform Tencent Video in December at a yet-to-be-specified date. The 6×60 minute show is a Warner Bros.
EXCLUSIVE: We hear on good authority that Max Peacemaker star Danielle Brooks and Sebastian Eugene Hansen are joining the cast of Warner Bros. and Legendary‘s Minecraft movie.
Kylie Jenner and Jordyn Woods’ public reunion earlier this year truly shocked us all — but it turns out it WASN’T the first time the ladies had connected since Tristan Thompson got in the way of their friendship!
Phil Quartararo, a record executive for five decades at A&M, RCA, Island, EMI, Warner Bros. and Virgin Records, died today of pancreatic cancer in Los Angeles. He was 67.
Jem Aswad Executive Editor, Music Phil Quartararo, the veteran record executive who played a major role in the success of the Spice Girls, Linkin Park and many others, has died, Variety has confirmed. Billboard reported that the cause of death was pancreatic cancer; he was 67. A familiar and friendly presence at countless concerts across the decades, “Phil Q.” — pictured above with Fleetwood Mac’s Stevie Nicks in 2001 — was renowned for his warm personality and firm handshake.
Despite being a relatively big critical hit at the Telluride Film Festival, with many Oscar pundits saying it had plenty of Oscar potential, Disney will not release filmmaker Jeff Nichols’ acclaimed biker drama, “The Bikeriders.” The film was meant to be released by Disney/20th Century Studios, but now, New Regency has been shopping it to other studios and streamers, according to several of the trades.
Rebecca Rubin Film and Media Reporter “The Bikeriders,” a drama directed by Jeff Nichols and starring Austin Butler, Jodie Comer, and Tom Hardy, is being shopped around town after Disney took the film off its slate. Disney and 20th Century were scheduled to open the film on Dec. 1.
There’s been an exciting new development for the already filmed movie Coyote vs Acme!
Jaden Thompson Congressman Joaquin Castro has taken to X/Twitter to call out Warner Bros. Discovery for planning to shelve the completed film “Coyote vs. Acme” for the sake of receiving a $30 million tax break.
Texas congressman Joaquin Castro has taken to X to slam Warner Bros Discovery for axing the $70M Coyote vs. Acme for a reported $30M tax writeoff. That said, as we first reported, the studio is changing course this week and screening the film for potential buyers, i.e. Amazon Prime (a leading contender), Apple and Netflix. This pivot by studio brass was made after a weekend in which the studio’s phone rang off the hook by the creative community over the cancelling of the finished film, as well as an outcry by the pic’s composer Steven Price among others online.
EXCLUSIVE: Screenings are being set up this week for streamers Amazon Prime, Apple and Netflix to check out and potentially acquire Warner Bros‘ axed Looney Tunes movie Coyote Vs. Acme after the studio’s phone ran off the hook the entire weekend from angry filmmakers and talent reps over their third feature film kill after Batgirl and Scoob Holiday Haunt! The more egregious Hollywood sin here with Coyote vs. Acme is that it’s a finished film, that was intended for a theatrical release, while the other two movies were still in the works.
Last week, Warner Bros. Discovery CEO David Zaslav made news, yet again, regarding a controversial move to shelve an already-produced film.
Clayton Davis Senior Awards Editor Warner Bros. will be juggling a lot in the Oscar race for best original song. As confirmed by an FYC advertisement sent to Critics Choice Association members, along with the multiple tracks from “Barbie” by Billie Eilish, Dua Lipa, Mark Ronson and Andrew Wyatt, the studio will also handle several numbers from their two upcoming holiday movie musicals: “The Color Purple” and “Wonka.” The upcoming adaptation of the musical “The Color Purple” will screen in front of its first official audience of industry voters and journalists next week.
We have a sad new update on John Cena and Lana Condor‘s upcoming movie Coyote vs Acme…
Rebecca Rubin Film and Media Reporter Another Warner Bros. movie bites the dust. The studio no longer plans to release “Coyote vs.
In another maneuver by the David Zaslav-run Warner Bros Discovery to kill movies, we hear on very good authority that Warner Bros will not be releasing the live-action/animated hybrid Coyote vs. Acme with the conglom taking an estimated $30M write-down on the $70M production. We understand the writedown for the pic was applied to the recently reported Q3.
Warner Bros Discovery is reteaming with Taiwanese production company DaMou Entertainment to produce HBO Asia original Fired Up! (working title), an adaptation of hit Kakao webtoon Itaewon Class.
Investors bid down shares of Warner Bros. Discovery today as its chief financial officer described a U.S. ad market “that has continued to be weaker than we had hoped” and a recovery that’s hard to predict “with any conviction.”