In a move that has shocked the entertainment industry, Warner Bros. has shelved the finished film “Coyote vs. Acme“ a year after filming completed. The film, which was produced by James Gunn and starred John Cena, Lana Condor, and Will Forte, was a live-action/animated hybrid that was set to be a new take on the classic Looney Tunes characters.
Coyote vs. Acme Shelved by Warner Bros.
The decision to shelve the film is reportedly due to a number of factors, including Warner Bros.’ new focus on streaming content and the company’s desire to reduce costs. The film is said to have cost around $90 million to make, and Warner Bros. is reportedly not confident that it would be able to recoup those costs at the box office.
The shelving of “Coyote vs. Acme” is the latest in a string of high-profile film cancellations at Warner Bros. In August 2022, the studio shocked fans by shelving the finished film “Batgirl,” which was also set to be released on HBO Max. The studio has also scrapped a number of other projects, including a sequel to “Scoob!” and a third season of the HBO Max series “Westworld.”
The shelving of “Coyote vs. Acme” is a major disappointment for fans of the Looney Tunes characters and for John Cena, who was reportedly very excited about the film. Cena has been a vocal supporter of the Looney Tunes and has said that he has been a fan of the characters since he was a child.
It is unclear what the future holds for “Coyote vs. Acme.” It is possible that the film could be released on HBO Max at some point, but it is also possible that it will never see the light of day.
Why is Warner Bros. shelving so many films?
There are a number of reasons why Warner Bros. is shelving so many films. One reason is the company’s new focus on streaming content. Warner Bros. is the parent company of HBO Max, and the studio is increasingly investing in streaming content. In 2021, Warner Bros. released all of its films on HBO Max the same day that they were released in theaters. This move was seen as a way to boost subscriptions to HBO Max.
Another reason for Warner Bros.’ recent spate of film cancellations is the company’s desire to reduce costs. Warner Bros. is reportedly looking to save $3 billion in costs over the next three years. The company has already made a number of cuts to its workforce and to its film and TV production budget.
Finally, some of Warner Bros.’ recent film cancellations are reportedly due to the company’s dissatisfaction with the quality of the films. Warner Bros. is said to be taking a more selective approach to its film production, and the studio is willing to cancel films that it does not believe will be successful.
What does this mean for the future of Warner Bros. films?
The shelving of “Coyote vs. Acme” is a sign that Warner Bros. is making some major changes to its film division. The studio is clearly focused on streaming content and on reducing costs. This means that we are likely to see fewer films released by Warner Bros. in the coming years, and the films that are released are likely to be more carefully curated.
It is also unclear what the future holds for the Looney Tunes characters. Warner Bros. has not announced any new Looney Tunes films or TV shows in recent months. However, the studio has said that it is committed to the Looney Tunes brand, and it is possible that we will see new Looney Tunes content released on HBO Max in the future.
Conclusion
The shelving of “Coyote vs. Acme” is a major disappointment for fans of the Looney Tunes characters and for John Cena. However, it is also a sign that Warner Bros. is making some necessary changes to its film division. The studio is focusing on streaming content and on reducing costs, and this means that we are likely to see fewer but higher-quality films released by Warner Bros. in the coming years.
