this post was submitted on 02 Mar 2024
76 points (96.3% liked)
Movies and TV Shows
2100 readers
46 users here now
A community for entertainment industry news and general discussion about movies and TV shows.
Rules:
- Be civil.
- Please do not link to pirated content.
- No spoilers in the title of submissions. And please use spoiler MarkDown in the body of discussions. This is a courtesy to other users.
- Comments solely criticizing headlines and/or journalism will be removed for being off-topic.
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
They aren't shelving it. From what I understand, they are completely deleting it from existence order to get the full write-off.
Yeah, that's what I've heard, but how expensive can a goddamn Wile E. Coyote movie be?
It just seems a little odd to me that this is the big "public" write-off, considering some of the trash they've put out that didn't break even.
They are taking a $70+ mil write-off. Rumors say that Netflix offered $40million but the write off is more attractive.
As someone else commented, if WB got a $40mill offer, they should only be allowed to take a $30mill write off.