After initially being designated as a glorified tax write-off, Warner Bros has changed its mind on Coyote vs. Acme, the new hybrid Looney Tunes film starring John Cena.

Changing courses

Coyote vs Acme's composer didn't pull punches about Warner Bros Discovery's decision to shelve the finished film.

Puck News is now reporting that Warner Bros has completely changed course. They will now allow the filmmakers and those involved to shop the film to other studios. Paramount and Universal have risen as two potential suitors for the hybrid film.

The Warner Bros film was directed by Dave Green based on Samy Burch's screenplay. DCU head James Gunn co-wrote the script with Jeremy Slater and Burch. Coyote vs. Acme will follow the adventures of the Wile E. Coyote and the Acme Corporation from Looney Tunes. The Coyote vs. Acme film was going to be a hybrid of a live-action and animated film.

John Cena led the film's live-action cast. He plays Acme Corporation's CEO. Will Forte plays Will E. Coyote's attorney in the film. Lana Condor also stars as a live-action cast. Eric Bauza voices a character in the film.

Warner Bros has distributed the various Looney Tunes series throughout the years. The studio is no stranger to shelving completed films, though. A similar move was made with the DCU's Batgirl film and Scoob! Holiday Haunt, a sequel to their Max film Scoob!.

The film had a reported budget of $70 million, and they were supposedly going to take a $30 million write-off from the film. There was a lot of backlash to the move. It appears that Warner Bros learned from it, and hopefully, for the sake of filmmakers and actors involved, a deal is reached soon.