Warner Bros has completely shelved finished movie 'Coyote vs. Acme' to take $30M tax write-off. The Looney Tunes animated live action movie won't be released

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 hybrid live-action/animated Coyote vs. Acme, with the conglom taking an estimated $30M write-down on the $70M production. We understand the write-down for the pic was applied to the recently reported Q3.

This reps the third time that Zaslav’s Warner Bros has pulled the plug on a movie greenlighted by the previous Warner Media administration, the other two being the Max-destined Batgirl and the animated Scoob Holiday Haunt!