Netflix and Paramount reportedly wanted to buy the Looney Tunes movie from producer James Gunn
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Coyote vs. Acme, a Looney Tunes courtroom comedy starring John Cena and produced byJames Gunn, is reportedly set to be completely deleted by Warner Bros., despite interest from other studios.
According to a new report byThe Wrap, Warner Bros. would be set to make between $35 and $40 million on the tax write-off from shelving the movie and therefore wanted competing studios to pay around $75-80 million for it. The studio wouldn’t allow interested studios, which included Netflix and Paramount, to counter Warner Bros.' offer, either, making the deal a ‘take it or leave it’ situation.
What’s more, Warner Bros. CEO David Zaslav reportedly hadn’t even seen the movie before making the call, and three other studio bosses who were in on the decision-making hadn’t seen a completed version of the film.
The movie, directed by Dave Green and written byMay Decemberscreenwriter Samy Burch, was set to see Wile E. Coyote take Acme Corporation to court after every product he orders from them backfires on him in his vendetta against the Road Runner. A down-on-his-luck human attorney (Will Forte) takes on the case, who in turn discovers that his intimidating former boss (Cena) is now Acme’s CEO – so he’s even more determined to win the case.
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I’m an Entertainment Writer here at GamesRadar+, covering everything film and TV-related across the Total Film and SFX sections. I help bring you all the latest news and also the occasional feature too. I’ve previously written for publications like HuffPost and i-D after getting my NCTJ Diploma in Multimedia Journalism.
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