‘Coyote vs. Acme’ tops $100 million globally after Warner Bros. shelved it
Variety reports the film is a win for distributor Ketchup Entertainment, though Warner Bros. might have faced different economics.
TLDR
Variety reports that “Coyote vs. Acme” has earned more than $100 million globally, three years after Warner Bros. shelved the $70 million film for a $30 million tax write-down. Ketchup Entertainment paid $50 million for distribution rights and pre-sold foreign territories to offset the cost. Analysts say it’s a win for Ketchup, but Warner Bros. might have seen a different result: theater owners keep half of ticket sales.
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