Hey everyone, enjoy this mid-week bonus! Still got a video coming out Saturday (titled "Streaming: The Hardest Job?!" so you can guess what that's about) and while you wait, be sure to watch last week's "not quite a Musical Autopsy" where I tear apart Beyonce's new Country song: ruclips.net/video/5rFSi4jPD0k/видео.html
Warner Brothers paid $236 in taxes in 2021. Their effective tax rate was 16.5%. If they were able to write off an additional $30 million in 2021, their effective tax rate would've gone down to 14.4%. In the US, someone making $50k per year pays an average of $5700 in federal taxes. That would be equal to a write off of $725 for someone making $50k. Not $6.
"you didnt go watch Space Jam 2, but you care for this?" One is the sequel of a movie created because a basketball star once made a shoe commercial with Bugs Bunny... The other is something fans ACTUALLY wanna see and with John Cena im the cast. Yes i wanna see Wily having ANY sort of personal victory in his life
If anything, I find it unfortunate for the people behind the scenes i.e. the animators and actors etc. Pretty much doing their jobs only for it to go unseen.
@@babaganoosh1969 It also means that legally they won't have access to the footage to put on a professional demo to show to studios: "hey I worked on this big budget WB movie" to try to get more studio animation work in the future.
@@liammcnicholas918 I remember when the first Sonic movie came out people kept saying "we have to go see it to support the animators". Unfortunately animators/VFX artists are some of the last remaining film industry workers who don't get royalties for projects. So it didn't matter if 10 people or 10 million people saw it, the animators would see none of that income, and then Paramount shut down the studio who did the animation for Sonic I think just before it released anyway.
From the plot leak that happened, it actually did sound great and a love letter to Wile E. But nah, Warner and Captain Honey BooBoo would rather focus on unscripted programs.
I wish they hadn't released the remake of House Party, Space Jam 2, and Wonder Woman 84........that and the high price of Max have made the streaming service a joke.
Supposedly, there were test audiences that saw the film months ago, and it consistently scored in the high 90s or however they have the audiences rate the film. So, take that as you will.
Too fair fair, it does sound like a perfect Looney Tune concept. If you're going to mix live action with wacky animation then the story should be set more in reality, because it just amplifies the wacky cartoons.
I truly don't care about the movie itself, but I can definitely get the frustration from the people who were involved with making the movie. Even if it wasn't a passion project and you still got paid, someone else getting to just throw away all the work you did definitely sucks.
I think the Snyder Cut convinced WB to not release shelved/cancelled projects. After its release, the HBO Max subscriber count only went up to ~4 million, which fell short of what HBO max wanted. Compare that to Wonder Woman 1984’s 17.4 million subscriber count after that movie got released. Also that movie had the advantage of being released in more movie theaters. Its also important to note that the subscriber counts aren’t indicative of a normal box office for these movies, so the number could very well be lower for the subscribers that joined specifically because of these movies. I think WB is already at that stage of “See, I told you no one wanted to see this.”
The difference is that the people wanted a new Looney Tunes movie that was going to do their legacy justice. Space Jam 2 was something no one wanted. We had the first one. We were fine with that. There was no reason for it. This was going to be more like Looney Tunes Back in Action. You can't equate CvA with SJ2 because that's like how people want more Star Wars, but then you get Disney's Star Wars. And there's a BIG difference.
Thr problem is a movie about the coyote suing acme sounds a little too niche. I think it's great but honestly the average moviegoer probably wouldn't care to see that. It has less mainstream appeal than space jam 2 did. From a business standpoint I see what the plan was. Make a new space jam to get people interested in looney tunes movies again then everyone who liked that movie would go see coyote v acme since there would be a built in audiance. But space jam 2 didn't do well so that ruined all that. I hope they change their mind before it's deleted and do decide to release it. However even at this point if they do release it it will no doubt do better than it originally would have, in large part due to some people now only being interested in seeing it because of all the drama surrounding it, but the average moviegoer doesn't know or care about all this and still won't see the movie.
Disney Star Wars IS Star Wars. It does great justice to what came before. It's canon, it's wonderfully developed, the general public has supported it and always will, while Internet reactionaries and mouthbreathers like get your minority viewpoint amplified by lazy corporate media eager to gaslight us all. So take your tired takes elsewhere, and maybe someday, you'll develop into an actual thinker, bless your heart.
I can't fathom they will actually *delete* anything. Deleting material like that just isn't done. It might be put in the digital equivalent of a bin on a dusty shelf in the back of the warehouse, but nobody straight out deletes things like that. Too much money went in to it, and the don't know when they might be able to reuse something from it later. Would _you_ want to be the person that signs off or pushes the button to light $70M worth of work on fire?
I don't care about companies using movies as a write off, but it should come with a catch. Any movies that are used as tax write offs should be released into public domain.
Wish the public education system would teach the youth how to do taxes,purchase a vehicle or home, or how to use the credit system...helpful skills in life
Would kids pay attention though? Also I think a better reform would be to, well reform the other 4 skills. In the UK your work does your taxes for you. The credit system in odd because basically forces you have to pay off debt. Personally I think that whole system needs massive reforms. Like how France has no credit score system whatsoever. I don't think Japan does either. The best solution is to just get rid of it. The whole business of credit cards is just profiting off reckless spenders even more. Just change the system, don't placate it
I'm not shocked someone would advocate for Mr. Beast to buy the rights to release Coyote vs Acme, but that it was Adam from YourMovieSucks did. How much you wanna bet he'd give it a 6/10 anyway?
I’m so tired of these suits learning the wrong lessons. Space Jam 2 didn’t fail because it was Loony Tunes. It failed because it was a bad movie that pandered to their brand way too much!
Ralph Breaks The Internet grossed a ton of money in 2018 but aged poorly because many realized it just sold itself on literal sucking off brands being promoted especially Disney ones. From RUclips, Ebay, Amazon to Google and of course Disney, Pixar and Marvel
Space Jam 2 flopped because it was a re-make of a beloved (no matter how shitty) older movie with more modern people. It was a cash grab, replaced Jordan with James, and made Lola Bunny less sexy. No one who saw the original had any interest, and no one who did would take their kids. And most of the parents saw the original as kids.
yep, this even adds up with the whole Rooster Teeth closure happening recently. thanks a lot Zaslav, u just ruined hundreds of peoples lives in Austin, TX with that decision
Yeah, I finished this video up on Friday and scheduled it to come out today, and then literally today it was announced they're shuttering Rooster Teeth too. Good(Bad?) timing I guess, just showing WB is gutting everything that doesn't earn them a billion dollars.
The Rooster Teeth thing is actually tragic. For the longest they were an indie studio pulling through with nothing but the passion of the people running it. When AT&T bought them, they thought they'd have some security because they were now under a corporation with more capital than they did an indie studio. Then AT&T merged with WBD and they got sacrificed on the alter of Zaslav as a tax write off. They should have stayed indie, the corps fucked them.
@@AxlPatrolblame the leadership for selling out, and not cleaning up the house like they should have. Joined a witch hunt when the devils were standing right next to them.
Rooster Teeth has been on life support since 2018. AT&T put it up for sale in 2019 but nobody wanted it. Then it was filled with controversy all of 2020 and 2021. Pulling the plug was bound to happen after they shut down Achievement Hunter and a few other divisions this year already. Old school Rooster Teeth fans are happy it's over more than outraged because it was a shell of what it ever was.
I canceled my Max sub back in January.... of LAST YEAR. I've been unhappy with WB for quite a while and I don't see them getting more of my money if they keep making stupid decisions like this one.
That is the best way to actually stick it to them, or any other dumbass company. Not giving them money is always more effective than bitching on twitter.
TBF, I would have waned to see it regardless cause I just miss seeing hand drawn animated characters interacting in the real world. Guess Ill stick to Who Framed Roger Rabbit, classic!
@@MildMisanthropeMaybeMassive i was thinking of that too but the main characters were cg animated to look 2d, but I veleve the rest of the denezens were 2d. Just hadnt gotten to see it cause it keep leaving my mind lol
I honestly think releasing it is the smart idea on the part of Warner. It's an easy way to get some brand goodwill. No matter what happens they can say "we listened to the fans and wanted to do what we felt right for them and not our bottom line" blah blah blah... they'd get more out of that than the dumb write off.
Each of the gashes Zaslav has left on WB so far: Max: Completely washed up past it's prime, now a cesspool of reality TV with some Warner stuff sprinkled in. Cartoon Network: Currently on life support after multiple of their upcoming projects were cancelled, and most of their shows reaped from Max. Adult Swim is trying to keep them alive with Checkered Past. Adult Swim: Has taken up most of CN's hours, often filling the weekend gaps with way too much King of the Hill. Legendary executives Ned Hastings (our host) and Ollie Green were laid off, and much like CN, also had their shows snapped from Max. Warner Animation: Currently being crushed to death with tax write-offs. TCM: Hit in the face with layoffs. Rooster Teeth: Dead in the water. DC: Currently having the whole Justice League be recasted with unfitting roles. Or something else, I don't know. I'm not a grumpy old boomer who labels everything as woke. Warner Bros Entertainment: Losing every valuable cent possible, no matter how much Barbie and Wonka have scored them. That's what happens when you hire the same guy who thought Honey Boo Boo was a great idea for a TV series as your CEO. In conclusion, fuck Hollywood. It's become hell on earth now since every person there is either constantly abused or a cousin of Mr. Krabs.
To be fair? WB has been an incompetent studio for over twenty years propped up by outside IP and accidentally falling into success. They already lost Oppenheimer to Universal, and will lose Legendary entirely, robbing them of Godzilla and probably Dune due to their streaming stunt. And JK Rowling could easily take away Harry Potter to someone else as well if they piss her off. And I can’t say they’ll attract any talent in the near future. Like they should’ve been the ones to make a DC universe and succeed before Marvel destroyed them with largely irrelevant characters that weren’t the X-Men or Spider-Man. They had all the DC characters and they’re starting from nothing again. When they could’ve used the Nolan Trilogy to springboard it all. They should’ve bought Crunchyroll and 4Kids and had the distribution rights for Pokémon. If not bought Viz outright. They’d easily corner the business and have access to lucrative IP to exploit if they were smart. It would’ve turned HBO Max into a juggernaut relevant in the digital streaming age. Cartoon Network has been on a downswing for fifteen years, ran by incompetents who alienated boys by hating anime (the cornerstone of their channel) and girls who liked Young Justice. Then hated making merchandise for anything. They only had a small fraction of shows in the 2010s and ironically? Disney stole their thunder. All because they fired their competent CEO due to some publicity stunt. I can’t say much of their content is worth watching for anyone outside of Toonami or reruns. It doesn’t help they gave money to subpar reboots instead of making something which would genuinely make bank. Their Discovery stuff isn’t bad per se. Warner has always been terribly run. It’s gotten to the point I find watching these companies burning to be more entertaining than the actual content they produce.
They're also removing 18 Adult Swim games from Steam (sure they're smaller games but still), because they want to focus purely on the free-to-play, mircotransaction mobile market.
@@ZeepAtomic To them, fun is less important that fleacing money from children who got their hands on their parents credit card. Or adults who struggle with impulse control like myself. All they need to do is catch a few thosand Whales and be set. It's legal financial predation, so of course they're gonna do it.
3:22- I was litterally thinking that while you were reading that! I may not be too familar with tax write offs but even *I* know that that's not how it works!
It's always irked me that more studios are going the direct to streaming route. The biggest one I personally felt was a huge loss was the Miraculous Ladybug movie getting released straight to Netflix with a limited theatrical release, and the UK wasn't one of those places. It had great audio engineering and insane visuals but those only go so far on my TV and Beyerdynamic headphones lol That simply wont compare with the experience of going to the cinema. I went to see John Wick 4 twice within 48 hours, just as an example. The cinema is always an event, an experience. Cinemas are doing alright in the UK still, as are shopping centres (malls), so there isn't necessarily a correlation with people's habits because the death of the American Mall is something plenty documented. We're a little different across the pond
@@reddykilowatt pretty much mate, my city's town center had a four storey cinema complex built about seven years ago, and it looks fantastic still, but the surrounding area is just a shittip lol
People may misunderstand the tax situation but they are not wrong. The idea is costs are written off in good faith, as you are supposed to actually try to make the money back. You do not get to count money you set on fire as a "business expense". That is what the company is doing. That is the problem. The company did not in good faith try to make money on the movie, or provide evidence releasing it would not recoup enough of their costs to be more worth it. And comparing it to buying a coffee seems weird as me not buying that coffee only effects me and the coffee maker. You can play percentages all you want, but Taylor Swift does not say "I gave out the equivalent of a coffee cup to charity" when she donates millions. It's still wasting millions of dollars.
I for one think that both are to blame. ACME shouldn’t be allowed to make defective products that don’t do what they advertise, but Coyote is an idiot for CONTINUING to buy from them AFTER he’s been failed by them multiple times.
Warner Bros joins the likes of Disney in terms of how terrible they are right now. If they aren’t shafting actual products that people want to see, they’re approving things that NO ONE wants and not making any real money from those products. Examples include: Suicide Squad: Kill the Justice League, Blue Beetle, and VELMA.
I DID want SS:KTJL, but then they announced it was a live services game or whatever. I'd play it, I just want a single player mode where I don't have to be forced online.
Worth noting how Coyote vs Acme was replaced with the Barbie movie, which was a critical and financial hit, grossing over one billion dollars and becoming a potential best picture winner, really doubt Coyote vs Acme would have gotten that amount of love if I gotta be honest.
Since when is having mid budget movies with mid budget profits not okay anymore? This all or nothing attitude is destroying WB and the film industry as a whole.
all i gotta say is that i think David Zaslav is trolling the cartoon community (unintentional or not) at this point and it's honestly funny af to watch
I would argue it's been this way for a lot longer than everyone thinks, they just happened to like the corporate garbage that was spewed out years ago, or are nostalgic for it. I'm sure when Jurassic Park first came out there were plenty of film purists who were angry about people basically just going to see people act next to some computerized dinosaurs, being like "What happened to the REAL movies, like Cool Hand Luke, or Bullitt!"
Hey, Buckley! You honeslty taught me skmething when you explained tax write-offs. Thank you! Also, if you decide to make a series where you teach people how to file their own taxes, I'll be eternally grateful!
Really tho at the core of it all is the principle that its just sad when something as hard to make as a movie gets thrown away so flippantly for soulless reasons
Nah, it's because people are starved for any new interesting Looney tunes stuff. You brought up Space Jam 2, but it didn't fail because nobody supported it, it failed because it was a god awful pain to sit through, borderline offensive wreck.
I genuinely thank Buckley for giving us this video and for teaching (at least me lol) important information about taxes. The whole debacle with Coyote VS ACME sure is a cautionary tale of corporate greed, but with all this publicity, I would think WB should release it, particularly when word in the grapevine is that the movie is good.
With Coyote v ACME potentially being permanently crushed at the bottom of a cliff forever, I think ya'll may wanna check out The Day The Earth Blew Up: A Looney Tunes Movie when it comes out in theaters this year, specifically due to it being ENTIRELY 2D ANIMATED and whatnot. Just saying.
By the time Space Jam 2 came out, I don't think the hype was there for it. As an example, I was 4 when the OG came out, and 29 when the sequel did. A lot of us 90s kids would have been curious about how it was, but it was sad to hear that it wasn't good.
I just feel horrible for the people who worked on this, probably in... "less than stellar" working conditions that pretty much any animator in a billion dollar company is objected to. For all that hard work to be treated like it was worth nothing must be a huge slap in the face
My friends and I saw Madame Web and really enjoyed it, especially since it was only $10 for a ticket, but i think the problem is people don't go to the theaters much.
From my own personal experience about Space Jam 2 it's not that people don't care about the Looney Toons. People just didn't want to see LeBron James. If MJ had come back the movie likely would've performed much better at the box office.
I get your argument regarding space jam 2, but I also happened upon an article saying that warner bros didn't want to sell it to another distributor because if it was successful, warner bros would be "embarrassed" what the hell does that tell you??
To be fair Space jam 2 was released during the pandemic and was released on HBO max as well as cinemas the same thing happened with Wonder woman 1984, The Suicide Squad, Scoob and Tenet they all lost money as a result of this
Given the rumors on what Netflix, etc. were willing to pay for it, it's weird to me that WB would rather delete the film and take a full tax write-off, instead of a partial write-off with cash in hand.
WB always seems to be a cascade of poor out of touch business decisons. Like them announcing they're shelving a ton of their IPs, their gaming going forward to focus on mobile and live service models, shutting down studios and selling off their properties. I actually do have a business degree! I have 4 of them! Now I'm not incharge of a mega multi media corporation like WB, I'm a sales rep, in marketing, and sometimes accountant for a small chemical supplier. So hey, maybe controversial opinion, but they marketing strageties for those too may differ. But I don't ever understand WB decisions.
This is going to be a bit of a long comment because it' something that is really important to me. What bothers me about streaming services just deciding to not release things is: people worked hard on this. People that are committed to their art worked on this. Voice actors, screen writers, animators, etc. Is Coyote vs Acme or Scoob the epitome of high art? No. But it's disconcerting to have creative effort erased by capitalist jackasses. That is what lead to so many beautiful, trailblazing pieces of film being lost forever. 75% of stuff from the silent film era are just GONE. You don't have to be a film nerd to understand why that's fucking tragic. I see that loss being recreated right now. There are good movies and shows, genuinely good movies and shows, that will never have a physical media release, or at best a limited release. They could potentially just disappear from existence because a CEO somewhere decided they "weren't profitable."
Refusing to release the movie is one thing, but outright deleting it feels like it should be a crime. Honestly, how does a tax write off based on a product you are actively choosing to not release not amount to fraud? “Hey, we spent all this money to make a movie we’re not actually gonna be premiering because we don’t want to, so it’s cool if we act like we took a loss even though it’s our own choice, right?” Also, to be fair, people didn’t go see Space Jam 2 because it was Space Jam 2. Seriously though, deleting an entire film that hundreds of people spent countless hours creating feels like a crime against art. I hope the film gets leaked at this point. It would be a total injustice otherwise. Even bad movies deserve to exist, let alone supposedly good ones.
Part of the complexity is that there are in fact 2 kinds of tax write-offs, at least in the US: Tax deductions, and tax exemptions. The math Buckley described is a tax exemption: The income doesn't count towards your taxable amount. Things like charitable deductions can work the way the Internet morons think this works, namely the amount is subtracted from your final tax amount.
Hey, I rented out Looney Tunes: Back in Action when it came out. Lo and behold... it was shait. I had much more fun with the live action George of the Jungle. Companies do what companies do, but finishing a product and then deciding not to share it (let alone threatening to destroy it) feels scummy to say the least. Yes, I might be interested in seeing it. Yes, I might still decide not to watch it. But at least I would have the option to do something with it. Now, there are no options left. Oh well. I'll watch my Lucky Luke cartoons I found on a flea market. Coincidentally, the box says that it's originally from a now bankrupt video rental.
The reason they got shelved wasn't just for a tax write-off. as you said, they were/are bleeding subscribers to their streaming services, they've had several flops at the box office, and their reputation is cratering. Releasing 3 movies that from everything I have gleaned are absolutely god-awful messes would just further accelerate the downward spiral and the estimation is that this economic damage would be much worse than whatever money this month's meme might bring in. As you said, it didn't exactly work out well for Morbius.
Yes, they care about a movie that sounds interesting, unlike Space Jam 2. It's kinda like how batman 1966, Batman & Robin, and batman the Dark Knight are all batman movies, but I'm not surprised when people who loved 66 and/or the Dark Knight rip into B&R.
I don't expect the suits to understand this, but even though they are both Looney Tunes movies, Space Jam 2 is not equivalent to a Wil E Coyote movie imo. I'd be way more likely to watch that than Space Jam 2
He knows it's going to be a shit movie. While he often talks about good movies, he also loves talking about horrible movies so long as they aren't completely boring.
Hey everyone, enjoy this mid-week bonus! Still got a video coming out Saturday (titled "Streaming: The Hardest Job?!" so you can guess what that's about) and while you wait, be sure to watch last week's "not quite a Musical Autopsy" where I tear apart Beyonce's new Country song: ruclips.net/video/5rFSi4jPD0k/видео.html
that's not how Adum sounds like, Buckley
Warner Brothers paid $236 in taxes in 2021. Their effective tax rate was 16.5%. If they were able to write off an additional $30 million in 2021, their effective tax rate would've gone down to 14.4%. In the US, someone making $50k per year pays an average of $5700 in federal taxes. That would be equal to a write off of $725 for someone making $50k. Not $6.
Let’s start a petition! Warner Bros Pictures & HBO Max
#FireDavidZaslav
#ReleaseCoyoteVsAcme
#SaveCoyoteVsAcme
#SaveBatgirl
#ReleaseBatgirl
#SaveScoobHolidayHaunt
#ReleaseScoobHolidayHaunt
#RenewTheFlightAttendentSeason3
#SaveTheFlightAttendentSeason3
#RenewCloseEnoughSeason4
#SaveCloseEnoughSeason4
#MakeCloneHighSeason4
#MakeAdventureTimeFionnaandCakeSeason3
I can't believe you would stuckkmanized us like that
😊
"you didnt go watch Space Jam 2, but you care for this?"
One is the sequel of a movie created because a basketball star once made a shoe commercial with Bugs Bunny... The other is something fans ACTUALLY wanna see and with John Cena im the cast. Yes i wanna see Wily having ANY sort of personal victory in his life
Panicked that it was Saturday and I somehow slept the week away or something.
😂
Long as i get paid idc. I got my updated shots and lost 2 days i swear. Only called off for one day tho so paycheck wont suck too badly
Same tho
If anything, I find it unfortunate for the people behind the scenes i.e. the animators and actors etc. Pretty much doing their jobs only for it to go unseen.
They got paid...but yeah all that hard work no one will ever know about
@@babaganoosh1969Animators don’t get paid a lot. The people who do the actual work don’t get anything, classic capitalism
@@babaganoosh1969 It also means that legally they won't have access to the footage to put on a professional demo to show to studios: "hey I worked on this big budget WB movie" to try to get more studio animation work in the future.
@@liammcnicholas918 I remember when the first Sonic movie came out people kept saying "we have to go see it to support the animators". Unfortunately animators/VFX artists are some of the last remaining film industry workers who don't get royalties for projects. So it didn't matter if 10 people or 10 million people saw it, the animators would see none of that income, and then Paramount shut down the studio who did the animation for Sonic I think just before it released anyway.
contractually hired artists and designers in an industry rarely see any of their work being publicized. It is what it is ...
Perfect timing considering Rooster Teeth is shutting down after WBD failed to sell it off…
From the plot leak that happened, it actually did sound great and a love letter to Wile E. But nah, Warner and Captain Honey BooBoo would rather focus on unscripted programs.
I wish they hadn't released the remake of House Party, Space Jam 2, and Wonder Woman 84........that and the high price of Max have made the streaming service a joke.
Supposedly, there were test audiences that saw the film months ago, and it consistently scored in the high 90s or however they have the audiences rate the film. So, take that as you will.
Too fair fair, it does sound like a perfect Looney Tune concept. If you're going to mix live action with wacky animation then the story should be set more in reality, because it just amplifies the wacky cartoons.
@@TheJonesdude Yeah, it was a mix of live-action and animation.
I truly don't care about the movie itself, but I can definitely get the frustration from the people who were involved with making the movie. Even if it wasn't a passion project and you still got paid, someone else getting to just throw away all the work you did definitely sucks.
I think the Snyder Cut convinced WB to not release shelved/cancelled projects. After its release, the HBO Max subscriber count only went up to ~4 million, which fell short of what HBO max wanted. Compare that to Wonder Woman 1984’s 17.4 million subscriber count after that movie got released. Also that movie had the advantage of being released in more movie theaters. Its also important to note that the subscriber counts aren’t indicative of a normal box office for these movies, so the number could very well be lower for the subscribers that joined specifically because of these movies.
I think WB is already at that stage of “See, I told you no one wanted to see this.”
The difference is that the people wanted a new Looney Tunes movie that was going to do their legacy justice. Space Jam 2 was something no one wanted. We had the first one. We were fine with that. There was no reason for it. This was going to be more like Looney Tunes Back in Action. You can't equate CvA with SJ2 because that's like how people want more Star Wars, but then you get Disney's Star Wars. And there's a BIG difference.
Thr problem is a movie about the coyote suing acme sounds a little too niche. I think it's great but honestly the average moviegoer probably wouldn't care to see that. It has less mainstream appeal than space jam 2 did. From a business standpoint I see what the plan was. Make a new space jam to get people interested in looney tunes movies again then everyone who liked that movie would go see coyote v acme since there would be a built in audiance. But space jam 2 didn't do well so that ruined all that. I hope they change their mind before it's deleted and do decide to release it. However even at this point if they do release it it will no doubt do better than it originally would have, in large part due to some people now only being interested in seeing it because of all the drama surrounding it, but the average moviegoer doesn't know or care about all this and still won't see the movie.
Disney Star Wars IS Star Wars. It does great justice to what came before. It's canon, it's wonderfully developed, the general public has supported it and always will, while Internet reactionaries and mouthbreathers like get your minority viewpoint amplified by lazy corporate media eager to gaslight us all. So take your tired takes elsewhere, and maybe someday, you'll develop into an actual thinker, bless your heart.
@@luv4hutch Good one, mate. I genuinely laughed at this.
I wouldn’t be surprised if Warner Brothers watched the Cartmanland episode of South Park and thought “Hey Cartman’s got a good business strategy!”
I can't fathom they will actually *delete* anything. Deleting material like that just isn't done. It might be put in the digital equivalent of a bin on a dusty shelf in the back of the warehouse, but nobody straight out deletes things like that. Too much money went in to it, and the don't know when they might be able to reuse something from it later. Would _you_ want to be the person that signs off or pushes the button to light $70M worth of work on fire?
It isn't done? I humbly call that into question as it has happened quite a lot over the last 100 or so years.
To get the tax cuts they’re aiming at, Warner is actually required by law to delete the film.
You’re spoiling us with these extras, always love a dose.
Looking forward to the final showdown where Disney and Warner try to buy the other one out.
I don't care about companies using movies as a write off, but it should come with a catch.
Any movies that are used as tax write offs should be released into public domain.
Wish the public education system would teach the youth how to do taxes,purchase a vehicle or home, or how to use the credit system...helpful skills in life
Would kids pay attention though? Also I think a better reform would be to, well reform the other 4 skills. In the UK your work does your taxes for you. The credit system in odd because basically forces you have to pay off debt. Personally I think that whole system needs massive reforms. Like how France has no credit score system whatsoever. I don't think Japan does either. The best solution is to just get rid of it. The whole business of credit cards is just profiting off reckless spenders even more.
Just change the system, don't placate it
I'm not shocked someone would advocate for Mr. Beast to buy the rights to release Coyote vs Acme, but that it was Adam from YourMovieSucks did. How much you wanna bet he'd give it a 6/10 anyway?
Ikr?? I was so confused, it seems absurd. Maybe the coyote is his type, nyuk nyuk
Adam doesn't do scores out of ten, you goofball!
It was a damn joke.
you know you can advocate for a movie (that’s finished) wanting to be released while also knowing it won’t be a masterpiece
That fucking ending 😂😂😂
This is like the south park episode where cartman buys an amusement park
I’m so tired of these suits learning the wrong lessons. Space Jam 2 didn’t fail because it was Loony Tunes. It failed because it was a bad movie that pandered to their brand way too much!
Ralph Breaks The Internet grossed a ton of money in 2018 but aged poorly because many realized it just sold itself on literal sucking off brands being promoted especially Disney ones. From RUclips, Ebay, Amazon to Google and of course Disney, Pixar and Marvel
And let's be real, Lebron James isn't as big as Michael Jordan was.
Suits are parasites, harming anything they touch and walking away with the profits.
Okay, that "Meep Meep, Motherfuckers" was great.
Space Jam 2 flopped because it was a re-make of a beloved (no matter how shitty) older movie with more modern people. It was a cash grab, replaced Jordan with James, and made Lola Bunny less sexy. No one who saw the original had any interest, and no one who did would take their kids. And most of the parents saw the original as kids.
Why do you care about the sexiness of a cartoon animal? Ugh...🤮.
yep, this even adds up with the whole Rooster Teeth closure happening recently. thanks a lot Zaslav, u just ruined hundreds of peoples lives in Austin, TX with that decision
Yeah, I finished this video up on Friday and scheduled it to come out today, and then literally today it was announced they're shuttering Rooster Teeth too. Good(Bad?) timing I guess, just showing WB is gutting everything that doesn't earn them a billion dollars.
The Rooster Teeth thing is actually tragic. For the longest they were an indie studio pulling through with nothing but the passion of the people running it. When AT&T bought them, they thought they'd have some security because they were now under a corporation with more capital than they did an indie studio. Then AT&T merged with WBD and they got sacrificed on the alter of Zaslav as a tax write off. They should have stayed indie, the corps fucked them.
@@AxlPatrolblame the leadership for selling out, and not cleaning up the house like they should have. Joined a witch hunt when the devils were standing right next to them.
Rooster Teeth has been on life support since 2018. AT&T put it up for sale in 2019 but nobody wanted it. Then it was filled with controversy all of 2020 and 2021. Pulling the plug was bound to happen after they shut down Achievement Hunter and a few other divisions this year already. Old school Rooster Teeth fans are happy it's over more than outraged because it was a shell of what it ever was.
Rooster teeth was decaying for a while now. But man it’s my childhood right there so it’s a shame for what’s happening.
I am upset that the animators worked hard on this movie, now that it may not be realised
I canceled my Max sub back in January.... of LAST YEAR. I've been unhappy with WB for quite a while and I don't see them getting more of my money if they keep making stupid decisions like this one.
That is the best way to actually stick it to them, or any other dumbass company. Not giving them money is always more effective than bitching on twitter.
That outro was fire work man.
That ending card though 😂
TBF, I would have waned to see it regardless cause I just miss seeing hand drawn animated characters interacting in the real world. Guess Ill stick to Who Framed Roger Rabbit, classic!
The recent Rescue Rangers was surprisingly good.
@@MildMisanthropeMaybeMassive i was thinking of that too but the main characters were cg animated to look 2d, but I veleve the rest of the denezens were 2d. Just hadnt gotten to see it cause it keep leaving my mind lol
@@ZorimePati There’s a mixture of all types of different animation methods and styles.
I honestly think releasing it is the smart idea on the part of Warner. It's an easy way to get some brand goodwill. No matter what happens they can say "we listened to the fans and wanted to do what we felt right for them and not our bottom line" blah blah blah... they'd get more out of that than the dumb write off.
YMS? Whoops. I wonder if he is gonna see this video 😅
lol he did. I’m here from his highlights channel
Coyote vs acme would do so well. I hope it doesn't meet some shitty fate.
Each of the gashes Zaslav has left on WB so far:
Max: Completely washed up past it's prime, now a cesspool of reality TV with some Warner stuff sprinkled in.
Cartoon Network: Currently on life support after multiple of their upcoming projects were cancelled, and most of their shows reaped from Max. Adult Swim is trying to keep them alive with Checkered Past.
Adult Swim: Has taken up most of CN's hours, often filling the weekend gaps with way too much King of the Hill. Legendary executives Ned Hastings (our host) and Ollie Green were laid off, and much like CN, also had their shows snapped from Max.
Warner Animation: Currently being crushed to death with tax write-offs.
TCM: Hit in the face with layoffs.
Rooster Teeth: Dead in the water.
DC: Currently having the whole Justice League be recasted with unfitting roles. Or something else, I don't know. I'm not a grumpy old boomer who labels everything as woke.
Warner Bros Entertainment: Losing every valuable cent possible, no matter how much Barbie and Wonka have scored them.
That's what happens when you hire the same guy who thought Honey Boo Boo was a great idea for a TV series as your CEO.
In conclusion, fuck Hollywood. It's become hell on earth now since every person there is either constantly abused or a cousin of Mr. Krabs.
To be fair? WB has been an incompetent studio for over twenty years propped up by outside IP and accidentally falling into success.
They already lost Oppenheimer to Universal, and will lose Legendary entirely, robbing them of Godzilla and probably Dune due to their streaming stunt. And JK Rowling could easily take away Harry Potter to someone else as well if they piss her off. And I can’t say they’ll attract any talent in the near future.
Like they should’ve been the ones to make a DC universe and succeed before Marvel destroyed them with largely irrelevant characters that weren’t the X-Men or Spider-Man. They had all the DC characters and they’re starting from nothing again. When they could’ve used the Nolan Trilogy to springboard it all.
They should’ve bought Crunchyroll and 4Kids and had the distribution rights for Pokémon. If not bought Viz outright. They’d easily corner the business and have access to lucrative IP to exploit if they were smart. It would’ve turned HBO Max into a juggernaut relevant in the digital streaming age.
Cartoon Network has been on a downswing for fifteen years, ran by incompetents who alienated boys by hating anime (the cornerstone of their channel) and girls who liked Young Justice. Then hated making merchandise for anything. They only had a small fraction of shows in the 2010s and ironically? Disney stole their thunder. All because they fired their competent CEO due to some publicity stunt. I can’t say much of their content is worth watching for anyone outside of Toonami or reruns. It doesn’t help they gave money to subpar reboots instead of making something which would genuinely make bank.
Their Discovery stuff isn’t bad per se. Warner has always been terribly run.
It’s gotten to the point I find watching these companies burning to be more entertaining than the actual content they produce.
They're also removing 18 Adult Swim games from Steam (sure they're smaller games but still), because they want to focus purely on the free-to-play, mircotransaction mobile market.
@@ReverentDeath Damn! Is fun poisonous to these drones?
@@ZeepAtomic To them, fun is less important that fleacing money from children who got their hands on their parents credit card. Or adults who struggle with impulse control like myself. All they need to do is catch a few thosand Whales and be set. It's legal financial predation, so of course they're gonna do it.
You didn’t even mention WB Games which is committing suicide from _games as a service_ mandates.
3:22- I was litterally thinking that while you were reading that! I may not be too familar with tax write offs but even *I* know that that's not how it works!
It's always irked me that more studios are going the direct to streaming route. The biggest one I personally felt was a huge loss was the Miraculous Ladybug movie getting released straight to Netflix with a limited theatrical release, and the UK wasn't one of those places. It had great audio engineering and insane visuals but those only go so far on my TV and Beyerdynamic headphones lol
That simply wont compare with the experience of going to the cinema. I went to see John Wick 4 twice within 48 hours, just as an example. The cinema is always an event, an experience.
Cinemas are doing alright in the UK still, as are shopping centres (malls), so there isn't necessarily a correlation with people's habits because the death of the American Mall is something plenty documented. We're a little different across the pond
Judging by the economic reports, those must be the only parts of the UK that are still doing OK. 😂
@@reddykilowatt pretty much mate, my city's town center had a four storey cinema complex built about seven years ago, and it looks fantastic still, but the surrounding area is just a shittip lol
The end of this video was very entertaining lol
Oh yeah I remember this one now
Well, why would the coyote expect any other outcome? It's ACME!!!
What's cute is that Buck apparently thought you could buy a cup of coffee for a dollar
People may misunderstand the tax situation but they are not wrong.
The idea is costs are written off in good faith, as you are supposed to actually try to make the money back.
You do not get to count money you set on fire as a "business expense". That is what the company is doing. That is the problem. The company did not in good faith try to make money on the movie, or provide evidence releasing it would not recoup enough of their costs to be more worth it.
And comparing it to buying a coffee seems weird as me not buying that coffee only effects me and the coffee maker. You can play percentages all you want, but Taylor Swift does not say "I gave out the equivalent of a coffee cup to charity" when she donates millions. It's still wasting millions of dollars.
I am with you and agree with you. But apparently they CAN do that without consquences.
I for one think that both are to blame. ACME shouldn’t be allowed to make defective products that don’t do what they advertise, but Coyote is an idiot for CONTINUING to buy from them AFTER he’s been failed by them multiple times.
Thanks for the extra video, Buckley!
Warner Bros joins the likes of Disney in terms of how terrible they are right now. If they aren’t shafting actual products that people want to see, they’re approving things that NO ONE wants and not making any real money from those products. Examples include: Suicide Squad: Kill the Justice League, Blue Beetle, and VELMA.
I DID want SS:KTJL, but then they announced it was a live services game or whatever. I'd play it, I just want a single player mode where I don't have to be forced online.
The catering bit had me physically laughing idk why that shit was so funny lmaooo
Worth noting how Coyote vs Acme was replaced with the Barbie movie, which was a critical and financial hit, grossing over one billion dollars and becoming a potential best picture winner, really doubt Coyote vs Acme would have gotten that amount of love if I gotta be honest.
Had it not been for the holdover, Coyote Vs. Acme’s looking to be the most mid movie of all time.
Since when is having mid budget movies with mid budget profits not okay anymore? This all or nothing attitude is destroying WB and the film industry as a whole.
It's astonishing how many people seem to have absolutely no clue how taxes actually works.
all i gotta say is that i think David Zaslav is trolling the cartoon community (unintentional or not) at this point and it's honestly funny af to watch
This is the problem with Hollywood right now: It's about money first, art second.
I would argue it's been this way for a lot longer than everyone thinks, they just happened to like the corporate garbage that was spewed out years ago, or are nostalgic for it. I'm sure when Jurassic Park first came out there were plenty of film purists who were angry about people basically just going to see people act next to some computerized dinosaurs, being like "What happened to the REAL movies, like Cool Hand Luke, or Bullitt!"
Right now?
First patron exclusive video id ever seen from you. Good times lol
I'm gonna have to subscribe, binge all of your videos, and forget about my subscription fee for like 3 months and do it all again.
There is no way that tweet by Adum is serious
Thank you! That guy is many things but a moron he is not.
7:50 d'ere he is!
Hey, Buckley! You honeslty taught me skmething when you explained tax write-offs. Thank you!
Also, if you decide to make a series where you teach people how to file their own taxes, I'll be eternally grateful!
Sad to think that this is the same company that gave us the Iron Giant and Mark Hamill's Joker
Really tho at the core of it all is the principle that its just sad when something as hard to make as a movie gets thrown away so flippantly for soulless reasons
It sucks that the creators, actors, crew will be screwed over by having things not being released.
Nah, it's because people are starved for any new interesting Looney tunes stuff. You brought up Space Jam 2, but it didn't fail because nobody supported it, it failed because it was a god awful pain to sit through, borderline offensive wreck.
I genuinely thank Buckley for giving us this video and for teaching (at least me lol) important information about taxes. The whole debacle with Coyote VS ACME sure is a cautionary tale of corporate greed, but with all this publicity, I would think WB should release it, particularly when word in the grapevine is that the movie is good.
With Coyote v ACME potentially being permanently crushed at the bottom of a cliff forever, I think ya'll may wanna check out The Day The Earth Blew Up: A Looney Tunes Movie when it comes out in theaters this year, specifically due to it being ENTIRELY 2D ANIMATED and whatnot. Just saying.
(not to mention CvA's shooters SOMEHOW OUTCRAZYING ZACK SNYDER FANBOYS)
omg, my two favourite adums! in one video!
Thanks for agreeing with me that streaming services for movies and TV shows are the new "direct-to-video" programs. And I love that end card as well.
8:25 Space Jam 2 came out on HBO and went Theaters the same day during the pandemic
Also it sucked
agree
Also Space Jam 2 is a sequel that should have come years ago
By the time Space Jam 2 came out, I don't think the hype was there for it. As an example, I was 4 when the OG came out, and 29 when the sequel did. A lot of us 90s kids would have been curious about how it was, but it was sad to hear that it wasn't good.
I just feel horrible for the people who worked on this, probably in... "less than stellar" working conditions that pretty much any animator in a billion dollar company is objected to. For all that hard work to be treated like it was worth nothing must be a huge slap in the face
Hope against hope... Somebody at WB leaks the film to the Internet Archive.
I love to use the expression "wiley coyote moment" Irl all the time. Well. As much as it may apply
My friends and I saw Madame Web and really enjoyed it, especially since it was only $10 for a ticket, but i think the problem is people don't go to the theaters much.
I care "now" because Will Forte is a BEAST. The moment i knew he was involved, I became interested.
Literally never heard of this movie until now.
From my own personal experience about Space Jam 2 it's not that people don't care about the Looney Toons. People just didn't want to see LeBron James. If MJ had come back the movie likely would've performed much better at the box office.
At this point, I don't know which studio is worse anymore. At least you see Disney and DreamWorks learning some kind of lesson from their mistakes.
I get your argument regarding space jam 2, but I also happened upon an article saying that warner bros didn't want to sell it to another distributor because if it was successful, warner bros would be "embarrassed" what the hell does that tell you??
Meet meet inflated demand is one hell ofva drug. Thanks WB Discovery, you and Disney are out doing each other day by day.
You should do this re-release more from time to time when relevant. Got no money to support you on patreon but love your work Buckley.
I usually do a couple every year, AND there's a "Freebees" section over on Patreon, you can sign up for free and see 5 older exclusives.
Great to know. Thanks Buckley for all the videos you have given us. @@ADoseofBuckley
I learned something today. Crazy.
They don't own AT&T anymore
To be fair Space jam 2 was released during the pandemic and was released on HBO max as well as cinemas the same thing happened with Wonder woman 1984, The Suicide Squad, Scoob and Tenet they all lost money as a result of this
Love these extras
I'd like to see it cause it does have a plot I'd be interested in seeing, but if I don't, I'll get over it. Almost immediately.
Given the rumors on what Netflix, etc. were willing to pay for it, it's weird to me that WB would rather delete the film and take a full tax write-off, instead of a partial write-off with cash in hand.
Isn't this the premise behind The Producers?
Slightly off topic but Dolph Lundgren is awesome and he deserves way better than direct to video movies.
Forgot this shit even existed. Forgot WB even existed for a while there… thanks a lot, buck! 😬
I wasn't expecting to laugh at all and then you delivered your last line...........
WB always seems to be a cascade of poor out of touch business decisons. Like them announcing they're shelving a ton of their IPs, their gaming going forward to focus on mobile and live service models, shutting down studios and selling off their properties. I actually do have a business degree! I have 4 of them! Now I'm not incharge of a mega multi media corporation like WB, I'm a sales rep, in marketing, and sometimes accountant for a small chemical supplier. So hey, maybe controversial opinion, but they marketing strageties for those too may differ. But I don't ever understand WB decisions.
This is going to be a bit of a long comment because it' something that is really important to me. What bothers me about streaming services just deciding to not release things is: people worked hard on this. People that are committed to their art worked on this. Voice actors, screen writers, animators, etc. Is Coyote vs Acme or Scoob the epitome of high art? No. But it's disconcerting to have creative effort erased by capitalist jackasses. That is what lead to so many beautiful, trailblazing pieces of film being lost forever. 75% of stuff from the silent film era are just GONE. You don't have to be a film nerd to understand why that's fucking tragic. I see that loss being recreated right now. There are good movies and shows, genuinely good movies and shows, that will never have a physical media release, or at best a limited release. They could potentially just disappear from existence because a CEO somewhere decided they "weren't profitable."
This feels like a marketing ploy
Refusing to release the movie is one thing, but outright deleting it feels like it should be a crime. Honestly, how does a tax write off based on a product you are actively choosing to not release not amount to fraud? “Hey, we spent all this money to make a movie we’re not actually gonna be premiering because we don’t want to, so it’s cool if we act like we took a loss even though it’s our own choice, right?”
Also, to be fair, people didn’t go see Space Jam 2 because it was Space Jam 2.
Seriously though, deleting an entire film that hundreds of people spent countless hours creating feels like a crime against art. I hope the film gets leaked at this point. It would be a total injustice otherwise. Even bad movies deserve to exist, let alone supposedly good ones.
Part of the complexity is that there are in fact 2 kinds of tax write-offs, at least in the US: Tax deductions, and tax exemptions. The math Buckley described is a tax exemption: The income doesn't count towards your taxable amount. Things like charitable deductions can work the way the Internet morons think this works, namely the amount is subtracted from your final tax amount.
I do appreciate a good Futurama reference. Honestly, the best animated show of all time.
Hey, I rented out Looney Tunes: Back in Action when it came out. Lo and behold... it was shait. I had much more fun with the live action George of the Jungle.
Companies do what companies do, but finishing a product and then deciding not to share it (let alone threatening to destroy it) feels scummy to say the least.
Yes, I might be interested in seeing it. Yes, I might still decide not to watch it. But at least I would have the option to do something with it. Now, there are no options left.
Oh well. I'll watch my Lucky Luke cartoons I found on a flea market. Coincidentally, the box says that it's originally from a now bankrupt video rental.
I love the IRS wrestler throw in.
Buckley, you are a master
Batgirl & Coyote vs ACME should be one movie.
I was wondering how this was referenced elsewhere months ago.
The reason they got shelved wasn't just for a tax write-off. as you said, they were/are bleeding subscribers to their streaming services, they've had several flops at the box office, and their reputation is cratering. Releasing 3 movies that from everything I have gleaned are absolutely god-awful messes would just further accelerate the downward spiral and the estimation is that this economic damage would be much worse than whatever money this month's meme might bring in.
As you said, it didn't exactly work out well for Morbius.
Yes, they care about a movie that sounds interesting, unlike Space Jam 2. It's kinda like how batman 1966, Batman & Robin, and batman the Dark Knight are all batman movies, but I'm not surprised when people who loved 66 and/or the Dark Knight rip into B&R.
Bonus Buckley? Really? Thank you!
I don't expect the suits to understand this, but even though they are both Looney Tunes movies, Space Jam 2 is not equivalent to a Wil E Coyote movie imo. I'd be way more likely to watch that than Space Jam 2
Buckley, you used the bad Scooby movie, not the good one that got leaked. Scooby-Doo and Krypto Too! was a killer movie. Glad its out there now
Best ending to a video ever!
Why is yms passionate about this? He was most likely gonna whine about the movie anyway.
You almost wish you could go to an alternate universe where the movie got released and he trashed it, so you could bring back the footage to show him.
@ADoseofBuckley I didn't think about that but that's funny
He knows it's going to be a shit movie. While he often talks about good movies, he also loves talking about horrible movies so long as they aren't completely boring.
YMS pleasures himself to Lion King furry porn.
@@SapientGalaxy He can just go bad mouth another movie. There's thousands of bad films. not sure what makes this one special