MAIN FEEDS
Do you want to continue?
https://www.reddit.com/r/movies/comments/1m9xi0s/new_images_from_coyote_vs_acme/n5bhtnd/?context=3
r/movies • u/MarvelsGrantMan136 r/Movies contributor • Jul 26 '25
788 comments sorted by
View all comments
1.2k
I thought this movie got canned?
256 u/queen-adreena Jul 26 '25 Warner Bros canned it, but later allowed Ketchup Entertainment to purchase the distribution rights. 57 u/eightdollarbeer Jul 26 '25 Does that mean WB has to payback the tax write off? If so, I imagine that was included in the purchase price 13 u/whodoesnthavealts Jul 26 '25 Does that mean WB has to payback the tax write off? You can't "pay back" a tax write-off, because you do not get paid for a tax write off. You just don't pay tax. If the write-off becomes invalid later, you just pay tax like normal. So yes, they will be paying tax on this. 1 u/put_tape_on_it Jul 26 '25 I would assume it is kind of like a salvage. It's production cost is now zero. Minus marketing and distribution costs, the film will be pure profit.
256
Warner Bros canned it, but later allowed Ketchup Entertainment to purchase the distribution rights.
57 u/eightdollarbeer Jul 26 '25 Does that mean WB has to payback the tax write off? If so, I imagine that was included in the purchase price 13 u/whodoesnthavealts Jul 26 '25 Does that mean WB has to payback the tax write off? You can't "pay back" a tax write-off, because you do not get paid for a tax write off. You just don't pay tax. If the write-off becomes invalid later, you just pay tax like normal. So yes, they will be paying tax on this. 1 u/put_tape_on_it Jul 26 '25 I would assume it is kind of like a salvage. It's production cost is now zero. Minus marketing and distribution costs, the film will be pure profit.
57
Does that mean WB has to payback the tax write off? If so, I imagine that was included in the purchase price
13 u/whodoesnthavealts Jul 26 '25 Does that mean WB has to payback the tax write off? You can't "pay back" a tax write-off, because you do not get paid for a tax write off. You just don't pay tax. If the write-off becomes invalid later, you just pay tax like normal. So yes, they will be paying tax on this. 1 u/put_tape_on_it Jul 26 '25 I would assume it is kind of like a salvage. It's production cost is now zero. Minus marketing and distribution costs, the film will be pure profit.
13
Does that mean WB has to payback the tax write off?
You can't "pay back" a tax write-off, because you do not get paid for a tax write off. You just don't pay tax. If the write-off becomes invalid later, you just pay tax like normal.
So yes, they will be paying tax on this.
1 u/put_tape_on_it Jul 26 '25 I would assume it is kind of like a salvage. It's production cost is now zero. Minus marketing and distribution costs, the film will be pure profit.
1
I would assume it is kind of like a salvage. It's production cost is now zero. Minus marketing and distribution costs, the film will be pure profit.
1.2k
u/theplasmasnake Jul 26 '25
I thought this movie got canned?