This recent tax write-off bullshit needs to stop. How is this a thing only now or have we been missing out on decades of movies that were axed like this?
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THEY WERE MAKING WHAT? AND THEY WONT FINISH IT?
What worries me more is just how many times this has happened, again and again.
This time, Warner Bros. Discovery shelved Coyote vs. Acme starring John Cena for a $30 million tax write-off.
Zaslav strikes again.
BOOM
You got Zaslav'd.
The film cost them $72 million to make, so this is a $42 million loss. If they actually released the movie they probably would have at least broke even. I have a hard time seeing it not making more than they just wrote off.