RAMROD 104,930 Posted November 16, 2023 Share Posted November 16, 2023 U.S. congressman Joaquin Castro is calling for a federal investigation of Warner Bros. Discovery for what he calls its "predatory" practice of scrapping projects, including the most recent project getting canned, Coyote vs. Acme. In a post on the social media website X/Twitter, the Texas representative criticized Warner Bros. Discovery for opting to cancel the film in favor of a $30 million tax break. Warner Bros. has no comment regarding Representative Castro's recent statement. Castro has previously called out Warner Bros. Discovery for its "anticompetitive practices," co-writing a letter last April asking the Justice Department to investigate the "affected labor and consumer markets" following the merger of Warner Bros. and Discovery Inc. in 2022. Warner Bros. announced last week that it was scrapping the film entirely despite having finished filming. Many filmmakers and fans expressed disappointment and criticized Warner Bros. Discovery for ditching the film entirely despite it being nearly done. Those who have seen the film praised it, with Scott Pilgrim co-creator BenDavid Grabinski calling it "the best of its kind since Roger Rabbit." Yet, Coyote vs. Acme was the latest casualty of near-complete Warner Bros. films to be scrapped entirely in favor of tax write-downs, joining Batgirl and Scoob! Holiday Haunt, which suffered similar fates. https://www.ign.com/articles/congressman-calls-for-ftc-to-review-warner-bros-for-scrapping-films-like-coyote-vs-acme (ノ◕ヮ◕)ノ✧*:・゚ 𝒮𝓀𝒾𝓅𝓅𝒾𝓃𝑔 𝒻𝒶𝓈𝓉 𝓇𝒾𝑔𝒽𝓉 𝒶𝓇𝑜𝓊𝓃𝒹 𝓉𝒽𝑒 𝓂𝑜𝑜𝓃 (*´艸`*) ♡♡♡ Link to post Share on other sites More sharing options...
SEANGT 4,963 Posted November 16, 2023 Share Posted November 16, 2023 ok i agree with him but also....hear me out....propose some legislation that will make this not profitable to do. Link to post Share on other sites More sharing options...
River 106,356 Posted November 16, 2023 Share Posted November 16, 2023 I honestly don't see a problem with that, it's a business, you're investing on projects, some goes beyond expectations, some aren't so even though you invested a lot of money on these flop projects, the best decision is the scrap them and move on, you lose money, but it's a small amount compare to the money that you would lose if the projects goes public. His fart felt like a kiss Link to post Share on other sites More sharing options...
Railing 2,367 Posted November 16, 2023 Share Posted November 16, 2023 3 hours ago, River said: I honestly don't see a problem with that, it's a business, you're investing on projects, some goes beyond expectations, some aren't so even though you invested a lot of money on these flop projects, the best decision is the scrap them and move on, you lose money, but it's a small amount compare to the money that you would lose if the projects goes public. I don't think it should be legal to get a tax break from scrapping a film, and I don't think scrapping a film should be more profitable than releasing it It's ****ed and imo it's an example of how the creatives are mistreated in the film industry Link to post Share on other sites More sharing options...
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