Current Events > Coyote vs Acme to be a Tax Write off and deleted.

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GhostFaceLeaks
02/09/24 9:44:04 AM
#1:


https://twitter.com/DiscussingFilm/status/1755959348734341534

Welcome to modern Warner Bros. They'd rather shelve movies than recoup costs, especially since the current head of WB admits to hating cartoons and Comic Books and would rather cancel them with no cost recoup than even try with them.

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Tyranthraxus
02/09/24 9:45:28 AM
#2:


GhostFaceLeaks posted...
Welcome to modern Warner Bros.

This is Zaslav's doing.

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Robot2600
02/09/24 9:46:37 AM
#3:


I'm of the opinion that if they want a tax write-off then they have to release the movie.

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Tyranthraxus
02/09/24 9:48:06 AM
#4:


Robot2600 posted...
I'm of the opinion that if they want a tax write-off then they have to release the movie.
Directly into public domain.

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Error1355
02/09/24 9:49:01 AM
#5:


Should literally be a crime.

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Solar_Crimson
02/09/24 9:49:32 AM
#6:


Absolutely appalling. Zaslav is a disgrace on WB.

These tax writeoffs should be released to the public domain. Or someone should just leak the entire film online; what would WB care, since to them it doesn't exist anymore.

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Zikten
02/09/24 9:50:12 AM
#7:


Fuck! I wanted to see that. Those damn bastards
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RchHomieQuanChi
02/09/24 9:50:34 AM
#8:


WB is so horribly mismanaged.

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Board_hunter567
02/09/24 9:50:58 AM
#9:


They're actually going through with this? They must have gotten their top talent roped into some crazy contracts because I can't imagine wanting to work with/for them at this point.

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Tyranthraxus
02/09/24 9:54:51 AM
#10:


I just went and cancelled my DC Infinite subscription. I suggest if anyone has DCI or Max to host cancel all that shit as well. Fuck Zaslav.

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ClayGuida
02/09/24 9:55:46 AM
#11:


Close these loopholes in the tax code to prevent this from happening in the future.

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Zikten
02/09/24 9:58:18 AM
#12:


I wonder if Zaslav is going to try to sabotage James Gunn's DC cinematic reboot
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Bass
02/09/24 9:58:46 AM
#13:


Yeah, this shit needs outlawed. At least changed so the movies are put in the public domain as mentioned already.

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ai123
02/09/24 9:59:20 AM
#14:


Probably makes more money this way.

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Torgo
02/09/24 9:59:56 AM
#15:


Robot2600 posted...
I'm of the opinion that if they want a tax write-off then they have to release the movie.

I'm of the opinion that makes sense in the real world, but our tax structures are always weighted to help big business, like an entitlement.

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mercurydude
02/09/24 10:00:11 AM
#16:


and rejected offers from Netflix, Amazon & Paramount, refusing to let them counter-offer.

What a surprise. They probably never even intended for this to see the light of day. The pretense was all damage control after so much backlash. "We'll let them think it's going elsewhere, let them cool off a bit, then we'll quietly set it to the guillotine like we always planned to do."

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Turbam
02/09/24 10:02:08 AM
#17:


Hopefully someone will leak it

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Jagr_68
02/09/24 10:02:36 AM
#18:


ClayGuida posted...
Close these loopholes in the tax code to prevent this from happening in the future.

Treasury was already looking into that but tax law is so fucking complicated (sometimes convoluted as well) that by the time the revenue codes are reviewed and revised by policy, WB has already cancelled like 50 things and is also owned by Disney or some shit.

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Zikten
02/09/24 10:03:16 AM
#19:


Turbam posted...
Hopefully someone will leak it
We need a hero at Warner Brothers.... a sneaky hero
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ScazarMeltex
02/09/24 10:06:00 AM
#20:


Robot2600 posted...
I'm of the opinion that if they want a tax write-off then they have to release the movie.

Tyranthraxus posted...
Directly into public domain.
Yep. The actors absolutely should sue over this as well.

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Tyranthraxus
02/09/24 10:06:42 AM
#21:


ai123 posted...
Probably makes more money this way.

It doesn't. Making money always makes more money than a tax write off. What this accomplishes is making quarterly investor earnings reports look good.

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Tyranthraxus
02/09/24 10:09:36 AM
#22:


According to some other sources online Zaslav never even watched the movie.

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TheGoldenEel
02/09/24 10:09:36 AM
#23:


I dont understand why they wouldnt just release it theatrically after all the publicity threatening to cancel it got

seems like it would make that $75-80 million easily

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Ivynn
02/09/24 10:10:44 AM
#24:


I hate Zaslav so much.

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Alucard188
02/09/24 10:11:13 AM
#25:


I really hope someone "leaks" it. I'm so tired of studios doing this.

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ScazarMeltex
02/09/24 10:14:14 AM
#26:


TheGoldenEel posted...
I dont understand why they wouldnt just release it theatrically after all the publicity threatening to cancel it got

seems like it would make that $75-80 million easily
Part of me thinks it's also a spite thing now. Rich people don't like having anything dictated to them by the plebes.

This is one of the many times I wish that a group like the one in the show Leverage existed. This would be an easy gig for them ;p

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Naysaspace
02/09/24 10:16:19 AM
#27:


makes sense. sunk cost fallacy at work ITT. WB has already lost the money used to make it. no sense spending more

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Revelation34
02/09/24 10:16:58 AM
#28:


Naysaspace posted...
makes sense. sunk cost fallacy at work ITT. WB has already lost the money used to make it. no sense spending more


They would make more by releasing it.

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Tyranthraxus
02/09/24 10:18:07 AM
#29:


Naysaspace posted...
makes sense. sunk cost fallacy at work ITT. WB has already lost the money used to make it. no sense spending more

They could literally just sell the movie. Even if they got half their asking it would still be more than what they'd get as a tax write off.

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Doe
02/09/24 10:19:37 AM
#30:


This is the news AGAIN?! I thought they reversed course?

Alright everyone gather outside WB office first action of the vanguard party is dismantling that executive office

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Ivynn
02/09/24 10:20:03 AM
#31:


Really, I hope this news blows up again. It got them so much bad publicity the first time, that there were starting to be actual consequences happening, like even Congress was gonna look into it. Hate to think they just waited until all eyes were off them so they could go through with it anyway.

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CoyoteTheGreat
02/09/24 10:32:18 AM
#32:


Ivynn posted...
Really, I hope this news blows up again. It got them so much bad publicity the first time, that there were starting to be actual consequences happening, like even Congress was gonna look into it. Hate to think they just waited until all eyes were off them so they could go through with it anyway.

They reversed course because they expect the Republicans to take power and know there will be zero consequences for them.

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CyricZ
02/09/24 10:32:25 AM
#33:


Error1355 posted...
Should literally be a crime.


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chris1001_the_sequel
02/09/24 10:33:11 AM
#34:


ScazarMeltex posted...
Yep. The actors absolutely should sue over this as well.


Especially if they had compensation in their contracts tied to the movie's performance.

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TyVulpine
02/09/24 10:35:10 AM
#35:


Just put on DVD

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Cephalopods
02/09/24 10:45:47 AM
#36:


Well, that's fucking stupid. This tax write off loophole needs to be closed.
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TomClark
02/09/24 10:46:37 AM
#37:


It's just colossally scummy.

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MatzoTov
02/09/24 10:46:43 AM
#38:


Lol

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FortuneCookie
02/09/24 10:47:55 AM
#39:


WB is making a business out of charging the general public for movies they don't get to see.
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BlueTigerLion
02/09/24 10:51:12 AM
#40:


Turbam posted...
Hopefully someone will leak it

What happens if it gets leaked and movie is bad? I remember when the WB CEO/exec was like The Flash will be the greatest Super Hero film of all time. And that is something they were trying to pump with a questionable lead. Can't imagine the real quality of something they want to bury.

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Tyranthraxus
02/09/24 10:51:50 AM
#41:


BlueTigerLion posted...
What happens if it gets leaked and movie is bad? I remember when the WB CEO/exec was like The Flash will be the greatest Super Hero film of all time. And that is something they were trying to pump with a questionable lead. Can't imagine the real quality of something they want to bury.
He didn't even see the movie

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Solar_Crimson
02/09/24 10:52:29 AM
#42:


BlueTigerLion posted...
What happens if it gets leaked and movie is bad? I remember when the WB CEO/exec was like The Flash will be the greatest Super Hero film of all time. And that is something they were trying to pump with a questionable lead. Can't imagine the real quality of something they want to bury.
Everyone who has seen the film have said that it was very good.

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TheGoldenEel
02/09/24 10:52:34 AM
#43:


BlueTigerLion posted...
What happens if it gets leaked and movie is bad? I remember when the WB CEO/exec was like The Flash will be the greatest Super Hero film of all time. And that is something they were trying to pump with a questionable lead. Can't imagine the real quality of something they want to bury.
Reports have said this movie got positive responses from test audiences

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Ivynn
02/09/24 10:53:31 AM
#44:


BlueTigerLion posted...
What happens if it gets leaked and movie is bad? I remember when the WB CEO/exec was like The Flash will be the greatest Super Hero film of all time. And that is something they were trying to pump with a questionable lead. Can't imagine the real quality of something they want to bury.

The movie tested well with audiences, it got high marks from those who saw it, it was delivered on budget, the director literally everything right.

And I'm starting to doubt Batgirl was that bad anyway. They called The Flash good, but that awful? Please.

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Doe
02/09/24 10:54:09 AM
#45:


Tyranthraxus posted...
He didn't even see the movie
This part is so crazy. The CEO of the company cant even be bothered to be familiar with its products and investments.

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Tyranthraxus
02/09/24 10:54:19 AM
#46:


Also they thought Aquaman 2 was release-worthy

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Ivynn
02/09/24 10:55:45 AM
#47:


Doe posted...
This part is so crazy. The CEO of the company cant even be bothered to be familiar with its products and investments.

A man who hates movies is running a movie studio.

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FortuneCookie
02/09/24 11:00:34 AM
#48:


Ivynn posted...
A man who hates movies is running a movie studio.

Ugh. It's Cartoon Network all over again.
Or WWE all over again.

How do people who hate the thing keep becoming boss of the thing?
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JuanCarlos1
02/09/24 11:00:59 AM
#49:


Whats the tax write off amount? The movie's budget or a portion of it? Im guessing long term the movie wouldve more than 80 mill, but I imagine Zaslav wants all the cents from the table now.

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Solar_Crimson
02/09/24 11:03:04 AM
#50:


Ivynn posted...
A man who hates movies is running a movie studio.
I thought he hates cartoons and animation, not movies specifically. And this film is cartoon-adjacent, being a Roger Rabbit-type deal.

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