Warner Bros. Studios Reject Multiple Offers for “Coyote vs. Acme” Movie Release
Potential Buyers Amazon, Netflix, and Paramount Fail to Meet Price Expectations
Last fall, Warner Bros. Discovery announced plans to cancel director Dave Green’s film “Coyote vs. Acme”, opting instead for tax write-offs. However, a recent report reveals that the studio had a change of heart and allowed the filmmakers to seek other distribution opportunities. Unfortunately, despite interest from Amazon, Netflix, and Paramount, the offers fell short of Warner Bros.’ desired figure of $75–$80 million.
According to TheWrap, the interested studios all submitted appealing offers, with Paramount even proposing a theatrical release. However, Warner Bros. rejected the deals outright, refusing to entertain any counteroffers. It is worth noting that the buyers’ offers were influenced by positive feedback from internal screenings of “Coyote vs. Acme.”
Interestingly, Warner Bros. executives, including CEO David Zaslav and Motion Picture Group co-chairs Michael De Luca and Pam Abdy, made the final decisions without having seen the completed film.
Interested Studios Fail to Meet Warner Bros.’ Price Expectations
$75–$80 Million Figure Considered Too High
Despite the interest shown by Amazon, Netflix, and Paramount, Warner Bros. Studios deemed their offers insufficient. The studio reportedly had high expectations, seeking a figure between $75 and $80 million. While the interested buyers’ offers were informed by the positive internal screenings of “Coyote vs. Acme,” the executives at Warner Bros. refused to budge, rejecting any chance of negotiation.
Amazon, Netflix, and Paramount Express Interest in “Coyote vs. Acme” Release
Studios Eager to Secure the Rights to Promising Project
Amazon, Netflix, and Paramount were more than eager to secure the rights to release “Coyote vs. Acme” for themselves. With each studio submitting “handsome offers,” including Paramount’s plans for a theatrical release, it seemed there was a genuine interest in bringing the live-action and CGI hybrid film to audiences. However, their offers were not enough to meet Warner Bros.’ expectations, which, in turn, led to the outright rejection of their proposals.
Warner Bros. Decision-Makers Reject “Coyote vs. Acme” Without Seeing the Final Product
Executives Make Final Decisions Based on Others’ Assessments
It is surprising to learn that the final decisions regarding the fate of “Coyote vs. Acme” were made by Warner Bros. executives who had not seen the finished movie. CEO David Zaslav, along with co-chairs Michael De Luca and Pam Abdy, and Animation President Bill Damaschke, collectively chose to reject the offers without firsthand knowledge of the film’s quality. This decision raises questions about their confidence in the project and their trust in other assessments.
“Coyote vs. Acme” Continues to Face Challenges Despite Renewed Interest
Embattled Film Struggles to Find Distribution Amidst High Price Expectations
The fate of director Dave Green’s film, “Coyote vs. Acme,” continues to hang in the balance. Despite initial plans by Warner Bros. to cancel the project, the studio’s change of heart allowed the filmmakers to explore other options. However, the interested studios, including Amazon, Netflix, and Paramount, failed to meet Warner Bros.’ high price expectations of $75–$80 million. The rejection came from executives who had not seen the final product, adding another layer of complexity to an already embattled project. With challenges persisting, it remains uncertain whether “Coyote vs. Acme” will ever see the light of day.
Analyst comment
Negative news: Warner Bros. Studios rejected multiple offers from potential buyers Amazon, Netflix, and Paramount for the movie release of “Coyote vs. Acme” due to the offers falling short of their desired price expectations. The rejection came from executives who had not seen the final product, raising questions about their confidence in the project. It remains uncertain whether the film will find distribution and be released.
