Warner Bros. has agreed to a deal with Ketchup Entertainment to give its embattled Looney Tunes movie a theatrical run.

Warner Bros. has agreed to a deal with Ketchup Entertainment to give its embattled Looney Tunes movie a theatrical run.

  • Skullgrid@lemmy.worldEnglish
    201·
    4 days ago

    what’s the legal implications of this? They canned it as a tax write off, they wrote off the tax, now they’re going to profit off it?

    I know WB doesn’t have to obey the law because it’s a huge corporation, but I’m sure there’s some laws being broken.

    • danc4498@lemmy.worldEnglish
      2·
      3 days ago

      I’m sure they can un write something off. The IRS would be more than happy to get the tax back.

      • lud@lemm.eeEnglish
        1·
        3 days ago

        And do we even know if they wrote it off in the first place? Any WB accountants here?

    • KnitWit@lemmy.worldEnglish
      3·
      4 days ago

      Yeah, I remember when this originally went down seeing something about how if they used that write-off it meant that the film could never be distributed afterwards. The way things are now I wouldn’t be surprised if they sold it and kept the write-off anyways since that was a different fiscal year.

  • KoboldCoterie@pawb.socialEnglish
    10·
    4 days ago

    I’m not sure a theatrical release is the best option. They might have been better off selling it to Netflix or some other streaming service; as much as I want to see the movie, I’m not sure I’d actually go to a theater to see it. (Not because of a lack of interest in the movie, but rather, it takes a lot more to get me into a movie theater today than it would have 5 years ago.)

  • Norin@lemmy.worldEnglish
    8·
    4 days ago

    The weird journey this movie has taken makes me more interested in seeing it than I ever would have otherwise been.

    I mean, I’m still probably not going to go out and see it, but if this is all some kind of strange viral marketing, then it’s working.