this post was submitted on 31 Mar 2025
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Warner Bros. has agreed to a deal with Ketchup Entertainment to give its embattled Looney Tunes movie a theatrical run.

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[–] [email protected] 19 points 2 days ago (2 children)

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.

[–] [email protected] 2 points 1 day ago (1 children)

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

[–] [email protected] 1 points 1 day ago

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

[–] [email protected] 3 points 2 days ago* (last edited 2 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.

[–] [email protected] 10 points 2 days ago (1 children)

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.)

[–] [email protected] 10 points 2 days ago (1 children)

Netflix tried to buy, but WB CEO is asking stupid amounts of money.

[–] [email protected] 12 points 2 days ago

Because of course. And it would be too easy to have a WB property actually release on the WB streaming service

[–] [email protected] 8 points 2 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.

[–] [email protected] 3 points 2 days ago* (last edited 2 days ago)

Ketchup Entertainment

No wonder we had to wait for this one. They needed time to Ketchup.