Discussion

Craig S. They figure they can make more money as a tax write off. They make no money just dropping it on Max without promoting it, which adds to the total cost of making the movie. And no one has made a great enough offer yet that they would sell it vs. taking the write off. Just dropping a show on any streaming service makes that service no money unless it generates new subscribers. No one was talking about this movie at all until they announced they weren't releasing it, then all of a sudden everyone wants to see it. I have no interest in Looney Tunes anymore and no one I know does either. It's an IP from my childhood that they haven't kept relevant and all the other streamers know that. The Looney Tunes Back in Action movie lost money when it came out. That's why WB isn't getting big enough offers to sell it yet. If no one steps up, WB will just take a loss but still get some money back which would most likely be lots more than the amount of money they make from new subscribers. Also, they can only do the write off if the movie never gets released, so they can't try it for a few weeks then decide to write it off.

Craig S. I heard there might be talks about it, but as of now as long as it isn't released they can write it off, same thing that happened to Batgirl.