Actor Will Forte has posted an open letter to the cast and crew of 'Coyote vs. Acme' after he finally got to watch his own film. This news comes amid heavy rumors the film is officially dead following Warner Bros. Discovery's recent quarterly report that included a mysterious $115 million tax write-off. Forte's comments also seem to confirm that the movie will not be released.
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00:00 Actor Will Forte has posted an open letter to the cast and crew of Coyote vs. Acme after he
00:04 finally got to watch his own film. This comes amid heavy rumors the film is officially dead,
00:09 following Warner Bros. Discovery's recent quarterly report that included a mysterious
00:14 $115 million tax write-off. Forte's comments also seem to confirm that the movie will not be
00:19 released. Writing on social media, Forte began, "To the cast and crew of Coyote vs. Acme, I know
00:24 that a lot of you haven't gotten a chance to see our movie. And sadly, it's looking like you never
00:29 will. When I first heard that our movie was getting 'deleted,' I hadn't seen it yet. So I was thinking
00:33 what everyone else must have been thinking. This thing must be a hunk of junk. But then I saw it.
00:38 And it's incredible." Forte continued, "Super funny throughout, visually stunning, sweet,
00:42 sincere and emotionally resonant in a very earned way. As the credits rolled, I just sat there
00:46 thinking how lucky I was to be a part of something so special. That quickly turned to confusion and
00:51 frustration. This was the movie they're not going to release?" He went on to say, "Look, when it
00:56 comes to Hollywood business stuff, I don't know. About? Even when a movie tests very well, like
01:00 ours, there's no guarantee that it's going to be a hit. And at the end of the day, the people who
01:04 paid for this movie can obviously do whatever they want with it. It doesn't mean I have to like it,
01:08 I hate it or agree with it. And it doesn't mean that this movie is anything less than magnificent.
01:14 You would be so proud of it. A movie that should be seen, but won't. Please know that all the years
01:18 and years of hard work, dedication and love that you put into this movie shows in every frame.
01:23 That's all, folks." The Hollywood Reporter first broke the news November 10 that Warner Bros.
01:27 intended to shelf Coyote vs. Acme for a tax write-off. After community and fandom outcry,
01:32 the studio agreed to shop the film to other potential buyers. Several distributors made
01:36 bids for the project. According to two sources, Amazon offered between $40 and $45 million,
01:41 but Warner Bros. rejected it. Last week, Warner Bros. Discovery said in an earnings filing it
01:45 wrote off $115 million in content. Due to abandoning films in the third quarter of 2023
01:51 as part of a "strategic realignment plan associated with the Warner Bros. Pictures Animation Group,"
01:56 many have assumed that meant Coyote vs. Acme is officially dead, though the studio has declined
02:01 to confirm this. For more on this story, go to THR.com. This is The Hollywood Reporter News.