Geee Posted November 20, 2023 Share Posted November 20, 2023 Axios The sense of hope for the film and TV industries at the conclusion of Hollywood's six-month labor stoppage is crashing into the grim reality that the industry faces a brutal road ahead. Why it matters: Hollywood's economic structure is being rewritten as studios make massive budget cuts to appease jittery investors. By the numbers: Moody's Investors Service estimated the new guild contracts for Hollywood workers will cost studios between $450 million and $600 million per year. What’s happening: Studios are cutting projects. The day after the strike ended, Warner Bros. Discovery shelved John Cena's "Coyote Vs. Acme" film, which completed filming last year. Most recently, on Wednesday, Netflix canceled five series including “Shadow and Bone” and “Glamorous.” Yes, but: The cuts aren't new. Studios had cut back on production before the strikes. The first quarter of 2023 had 31 fewer active TV and film productions compared to the same 2022 timeframe, which translated to more than $1 billion less in spending, according to ProdPro, a production tracking service. During the strikes, series renewed for additional seasons — including Amazon's "A League of Their Own" and "The Peripheral" — were canceled because of the labor stoppage. The big picture: The strikes gave studios cover to dramatically rein in spending that had ballooned over the past few years in an industry-wide effort to gain streaming subscribers. Link to comment Share on other sites More sharing options...
SDwaters Posted November 20, 2023 Share Posted November 20, 2023 20 minutes ago, Geee said: The day after the strike ended, Warner Bros. Discovery shelved John Cena's "Coyote Vs. Acme" film, which completed filming last year. Hadn't heard of this movie, but it sounds like it could have been a lot of fun. 1 Link to comment Share on other sites More sharing options...
Valin Posted November 20, 2023 Share Posted November 20, 2023 4 hours ago, SDwaters said: Hadn't heard of this movie, but it sounds like it could have been a lot of fun. May 11, 2023 Coyote v. Acme (2023) Official Trailer Coyote Vs. Acme is an upcoming Live-Action Movie based on the adventures of Coyote and his fight against Acme Company. This will be the first live-action solo movie of Coyote. The Film will also feature roadrunner. It has been a few years when the movie was announced. Today we will discuss everything we know so far about Coyote Vs. Acme Live Action Movie coming in 2023. Well maybe Not Nov 11, 2023 #CoyoteVsACME #Looneytunes #wb Didn't take long for WB to drop another L! David Zaslav is at is again, destroying new Warner Brothers movies despite them already being FULLY COMPLETED!! And alongside the history of cancelled Batgirl and Scoob: Holiday Haunt. Now they're gunning for Looney Tunes - with Coyote Vs ACME. The project already filmed, edited and wrapped up. And now it is CANCELLED. During a time where actor and writer strikes have literally JUST finished, and a notably gap in movie release calendars. A new Looney Tunes IP movie sounds perfect! But instead, it's being chucked away as a minimal tax write-off. This is all the details about the frustration. This is The CANCELLED Coyote Vs ACME Movie. And how Warner Brothers Just KILLED The Coyote Movie. Link to comment Share on other sites More sharing options...
Valin Posted November 20, 2023 Share Posted November 20, 2023 Maybe if they redid it as a Transgender Film? I mean that is what audiences really are crying for.....right? 1 Link to comment Share on other sites More sharing options...
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