00:00Actor Will Forte has posted an open letter to the cast and crew of Coyote vs. Acme
00:04after he finally got to watch his own film.
00:07This comes amid heavy rumors the film is officially dead,
00:10following Warner Bros. Discovery's recent quarterly report
00:12that included a mysterious $115 million tax write-off.
00:16Forte's comments also seem to confirm that the movie will not be released.
00:20Writing on social media, Forte began,
00:22To the cast and crew of Coyote vs. Acme,
00:24I know that a lot of you haven't gotten a chance to see our movie,
00:27and sadly it's looking like you never will.
00:29When I first heard that our movie was getting deleted, I hadn't seen it yet.
00:33So I was thinking what everyone else must have been thinking.
00:35This thing must be a hunk of junk.
00:37But then I saw it, and it's incredible.
00:39Forte continued,
00:40Super funny throughout, visually stunning, sweet, sincere, and emotionally resonant in a very earned way.
00:45As the credits rolled, I just sat there thinking how lucky I was to be a part of something so special.
00:50That quickly turned to confusion and frustration.
00:52This was the movie they're not going to release?
00:54He went on to say,
00:55Look, when it comes to Hollywood business stuff, I don't know.
00:58About, even when a movie tests very well, like ours, there's no guarantee that it's going to be a hit.
01:03And at the end of the day, the people who paid for this movie can obviously do whatever they want with it.
01:07It doesn't mean I have to like it, I hate it, or agree with it.
01:11And it doesn't mean that this movie is anything less than magnificent.
01:14You would be so proud of it.
01:15A movie that should be seen, but won't.
01:17Please know that all the years and years of hard work, dedication, and love that you put into this movie shows in every frame.
01:23That's all, folks.
01:24The Hollywood Reporter first broke the news November 10th that Warner Brothers intended to shelf Coyote vs. Acme for a tax write-off.
01:30After community and fandom outcry, the studio agreed to shop the film to other potential buyers.
01:35Several distributors made bids for the project.
01:37According to two sources, Amazon offered between $40 and $45 million, but Warner Brothers rejected it.
01:42Last week, Warner Brothers Discovery said in an earnings filing, it wrote off $115 million in content due to abandoning films in the third quarter of 2023 as part of a, quote,
01:52strategic realignment plan associated with the Warner Brothers Pictures Animation Group.
01:56Many have assumed that meant Coyote vs. Acme is officially dead, though the studio has declined to confirm this.
02:02For more on this story, go to THR.com.
02:05This is The Hollywood Reporter News.
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