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Deal Finalized: Ketchup Entertainment has officially acquired the worldwide rights for 'Coyote Vs Acme' from Warner Bros.
Financials: The deal is reported to be valued at around $50 million. The film originally cost approximately $70 million to produce.
Release Planned: Ketchup Entertainment plans a theatrical release for the film in 2026.
Background: Warner Bros. initially shelved the completed film in late 2023, intending to use it as a tax write-off (estimated at $35-40 million) after failing to secure a buyer at their desired price point ($70M+).
Why this matters: The decision to shelve the film sparked significant backlash from the creative community, including cast members like Will Forte and filmmakers like Phil Lord, highlighting concerns over studio cost-cutting measures affecting completed artistic projects. Its revival is seen as a win for the creators and fans.
Context: This acquisition follows Ketchup Entertainment's previous rescue of another Warner Bros. Looney Tunes project, 'The Day the Earth Blew Up: A Looney Tunes Movie'. It also occurs amid broader discussions about Warner Bros.' handling of its classic Looney Tunes properties.
'Coyote Vs Acme', directed by David Green and written by Samy Burch (based on Ian Frazier's New Yorker article), presents a unique premise within the Looney Tunes universe. The story follows Wile E. Coyote who, frustrated by the constant failure of Acme Corporation products in his pursuit of the Road Runner, hires a down-on-his-luck billboard lawyer (played by Will Forte) to sue the company. The case pits them against the lawyer's formidable former boss, the head of Acme's legal team (played by John Cena). Lana Condor and Tone Bell also star.
The film's journey has been tumultuous. Despite reportedly positive test screenings, Warner Bros. Discovery opted to shelve it, a move widely perceived as a cost-saving measure via tax write-down. This decision led to vocal criticism, with star Will Forte calling it "f--king bulls--t" and emphasizing the film's quality. The studio did attempt to sell the film earlier in 2024 but reportedly received no offers matching their asking price.
Ketchup Entertainment's acquisition marks a significant investment for the distributor, known for releases like 'Hypnotic' and 'Hellboy: The Crooked Man'. Their CEO, Gareth West, expressed enthusiasm, stating the film is a "perfect blend of nostalgia and modern storytelling" that will resonate with audiences. This move ensures the work of the cast and crew, including producers Chris deFaria and James Gunn, will be seen.
Q: What is 'Coyote Vs Acme' about?
A: It's a live-action/animated film where Wile E. Coyote sues the ACME Corporation for its faulty products, teaming up with a human lawyer (Will Forte) against ACME's CEO (John Cena).
Q: Why was the movie shelved initially?
A: Warner Bros. decided to shelve the completed film, reportedly for a tax write-off as a cost-cutting measure, after attempts to sell it to other distributors were initially unsuccessful at their target price.
Q: Who bought the movie?
A: Ketchup Entertainment acquired the worldwide distribution rights.
Q: When will 'Coyote Vs Acme' be released?
A: Ketchup Entertainment is planning a theatrical release sometime in 2026.
Completed Films Aren't Always Released: Studio business decisions, like tax strategies, can sometimes prevent finished movies from reaching audiences, even if they test well.
Advocacy Can Make a Difference: The significant public and industry outcry likely played a role in encouraging Warner Bros. to continue seeking a distribution partner rather than permanently shelving the film.
Expect a Unique Looney Tunes Story: The film offers a novel take, blending classic cartoon characters with a modern legal comedy premise.
The revival of 'Coyote Vs Acme' is a notable turnaround. Do you think this film will live up to the anticipation built during its uncertain journey? Let us know!
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