After the latest Warner Bros. Discovery debacle surrounding Coyote vs. Acme, it’s becoming increasingly clear that David Zaslav should resign.
What we’re looking at right now is the last straw of the last straw. We’ve certainly seen too many at this point. It is also completely irresponsible of Zaslav and Warner Bros. Pictures leadership to reject any offers to buy Coyote vs. Acme. Netflix, Amazon and Paramount all have an interest in the film. Hell, Paramount would give it a theatrical release. Theaters would appreciate having another film in theaters, especially one that would draw families. According to TheWrap, a tax-write would give $35–40 million back to the studio. And yet, they are looking for offers of $75-80 million from other studios to buy the film. No counter-offers, just a “take it or leave it.”
Here’s where things get really interesting:
What made the situation even more appalling is that, according to a source close to the project, the four Warner Bros. executives responsible for making this decision – CEOs and co-chairpersons of Warner Bros. Motion Picture Group Michael De Luca and Pam Abdy, along with Warner Bros. Pictures Animation president Bill Damaschke and embattled CEO and president of Warner Bros. Discovery David Zaslav – hadn’t even seen the finished version of the movie.
How in the hell do you make this kind of decision without seeing the final cut?!? In what world is any of this okay when it comes to leading a motion picture division?!? There really are no words left to say at this point. Shame on them.
The Warner Bros. Discovery President and CEO is certainly showing that he is certainly not capable of running a massive media conglomerate. Listen, I didn’t really watch Discovery Channel programming, let alone much of anything on their streaming app. But after the merger and taking charge of WBD, it has been disaster after disaster. Cinephiles were also up in arms after TCM’s leadership was gutted last year. If not for Steven Spielberg, Martin Scorsese, and Paul Thomas Anderson, who knows what the situation would be probably be like right now.
Barbie may have been one of the year’s biggest hits but that really has nothing to do with Zaslav. Can you imagine him trying to cancel that film?
I probably do not need to remind anyone about the cancellation of Batgirl or removing several originals from the Max service. None of this should be done in the name of a tax write-off. Such actions are the result of greed and greed alone at the end of the day.
What is happening at Warner Bros. Discovery is a shame and David Zaslav needs to resign as President and CEO. He could still save face but I would hate to see what happens in a potential merger or acquisition of Paramount. Decisions like this should scare the Redstone family away from going into business with Zaslav. It would be the end of the Paramount legacy as we know it. What is also bad about this is that it is happening during Warner Bros.’ 100th anniversary.
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