If you have a passing interest in film and animation, you’ve likely heard of Coyote Vs. Acme, a feature film in the Roger Rabbit tradition of blending 2D animation with live action focusing on characters from Warner Brothers’ Roadrunner cartoons. The film would have focused on Wile E. Coyote suing the ubiquitous Acme corporation after decades of selling him faulty products, and by all accounts appeared to be a passion project from everyone involved. The movie was, in fact, complete and ready for release- only for Warner Brothers to kill it at the last possible second in the name of a multi-million dollar tax writeoff.
Can someone explain what a tax write off is? I have this one movie that is finished that I spent 80 million to make. I decided to “write it off”. So when I get to pay my taxes I get a 80 million discount?
Oh my God…
This is absolutely just the plot of The Producers.