Warner Bros.’ ‘Salem’s Lot’ Remake Appears Headed to Max Instead of Theaters (EXCLUSIVE)

Warner Bros. Discovery has said British laws that restrict the period distributors can require exhibitors to screen their films may now be “outdated,” and it is time for the UK government to consider repealing the legislation. 

Media, entertainment and tech companies held their own in the top 25 ranking of overpaid CEOs in 2022 by nonprofit As You Sow. Live Nation’s Michael Rapino ($139 million pay package) topped the list, which also included Netflix, Paramount Global and Warner Bros Discovery, as well as Charter, Apple and Alphabet.

There’s been an exciting new development for the already filmed movie Coyote vs Acme!

Matt Donnelly Senior Film Writer Warner Bros. Motion Picture Group has entered into a new co-financing pact with Domain Capital, a multi-year arrangement that will focus on bolstering the studio’s theatrical slate.

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.

Warner Bros. Motion Picture Group and investment firm Domain Capital announced that they have inked a multi-year, co-financing agreement spanning multiple years that “reflects Warner Bros. expanded focus of theatrical films as the company continues to grow its diverse slate of movies across every genre for audiences across the globe.”

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.

Rebecca Rubin Film and Media Reporter “Coyote vs. Acme” is officially on the market. Days after Warner Bros.

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.

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.

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. 

Christopher Nolan is on the cover of this week’s issue of Variety, out now.

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.”

Christopher Nolan is freaking me out. “There’s a pretty simple argument mathematically for saying the world will end in nuclear Armageddon simply because that’s a possibility,” he’s calmly explaining. “Over an infinite timeline, it’s going to happen at some point.” It’s hard to dispute Nolan’s logic that civilization will one day vaporize, but as he tops off his mug of Earl Grey tea from a small kettle on the table in front of him, he hits a slightly more hopeful note.

Jennifer Maas TV Business Writer Warner Bros. Discovery CEO David Zaslav opened the company’s quarterly earnings presentation with remarks on the ongoing SAG-AFTRA strike, remaining “hopeful” that the work stoppage will end “soon” following the Hollywood studios’ move to adjust AI language in its “last, best and final offer” to the actors union. “We are hopeful we will reach a resolution to the SAG-AFTRA strike soon,” Zaslav said during WBD’s third-quarter earnings call Wednesday.

EXCLUSIVE: Warner Bros and producer Amy Pascal have emerged victorious in a spirited book-rights auction for How to Rule the World: Yacht Parties, Culture Wars and the Downfall of a President at Stanford. Written by Theo Baker, book tells his story of being an 18-year-old freshman at Stanford who wrote a series of reports for the university’s newspaper skeptical of the questionable research practices of the school’s president Marc Tessier-Lavigne, a neuroscientist who was on the short list for the Nobel Prize.

Warner Bros Discovery‘s international restructuring has continued with James Gibbons setting out the shape of his Asia Pacific team, with Japanese Country Manager Masami Takahashi choosing to retire.

Naman Ramachandran Warner Bros. Discovery has revealed several leadership roles across its Asia Pacific (APAC) business, following the appointment of James Gibbons as president, Asia Pacific, in October.