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#scoob: holiday haunt
shieldagent93 · 2 months
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Infinity Train - one of the first series Warner Brothers erased for tax write-offs, despite receiving critical acclaim
Scoob: Holiday Haunt - shut down for tax write-offs, even though it featured stars like Andre Braugher, Ming-Na Wen, and Mark Hamill and was said to be "practically finished"
Coyote vs Acme - looking to be shut down and getting a tax write-off, despite being a James Gunn movie (like him or hate him, his name is big in Hollywood) with amazing reviews from test audiences
Now, it's Rooster Teeth - shut down after over 20 years, with many like Casey Lee Williams (the woman in charge of the RWBY soundtrack) finding out the news via Twitter
I think it's safe to say that David Zaslav doesn't appreciate the art of animation.
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Wish (2023) dir. Fawn Veerasunthorn, Chris Buck
hey do you think the overworked creatives about to go on strike are trying to tell us something
article sources under the cut
Mattson, Kelcie. "How Disney Almost Killed 'Nimona.'" Collider, January 2 2024.
Earl, William. "Shelving Batgirl Was the Right Decision, Says New DC Studios Head Peter Safran: 'It Would Have Hurt DC.'" Variety, January 31 2023
Couch, Aaron. "Warner Bros. Reverses Course on 'Coyote vs. Acme' After Filmmakers Rebel." The Hollywood Reporter, November 13 2023.
Ridgely, Charlie. "Scoob! Sequel Director Revealed Film Was 'Very Close' to Completion Before HBO Max Cancellation." comicbook.com, August 2 2022.
Clark, Travis. "Staffers at the animation studio Blue Sky say it's 'heartbreaking' that Disney canceled its final movie, 'Nimona.'" Business Insider, February 18, 2021.
Harrison, Mark. "Why was the Batgirl movie cancelled?" Yahoo! Entertainment, January 31 2024.
Amidi, Amid. "Warner Bros. Shelves Fully-Completed 'Coyote Vs. Acme' For Tax Write-Off." Cartoon Brew, November 9 2023.
Lee, Alex. "Why Netflix keeps cancelling your favourite shows after two seasons." Wired UK, September 28 2020.
Tyrrell, Gary. "We All Knew It Was Coming." fleen.com, February 10 2021.
"Warner Bros. Reverses Course on ‘Coyote vs. Acme’ After Filmmakers Rebel." see: 3.
Bergeson, Samantha. "Warner Bros. Will Let 'Coyote Vs. Acme' Filmmakers Shop Movie to Other Distributors." IndieWire, November 13 2023.
Strapagiel, Lauren. "Disney's First Feature Animated Movie With Queer Leads May Never Be Released." BuzzfeedNews, February 24 2021.
"We All Knew It Was Coming." see: 9
@/scottderrickson. "I think it’s absolute bullshit that a studio can and does shelve the creative work of hundreds of people for a fucking tax break." Twitter, 10 Nov. 2023, 4:52 p.m..
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kylekozmikdeluxo · 2 months
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Let's hope they all break out!
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bretzkysbs · 2 years
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scoobytopia · 2 years
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The cancellation of this near-finished movie that had so much love put into it, full of Mystery Incorporated cameos and more, for the sake of "saving money" and a tax write-down is being called unprecedented for a reason. What an unfathomable situation. #SaveScoobHolidayHaunt
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supeskenobi · 2 months
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Reddit User u/aambro flagged this article from 'Columbus Business First' (unfortunately it's behind a paywall) which stated that the new 'Superman' (originally titled 'Superman Legacy' ) movie:
"is expected to receive more than $11 million in tax credits. Superman: Legacy projects it will hire 3,254 Ohio residents, according to the application. The film’s total eligible production expenditures for the Ohio Motion Picture Tax Credit were nearly $37 million, or a little more than 10% of the film’s total budget of more than $363.8 million."
The user then asked the film's director James Gunn on Threads as to whether or not this was true and that the budget was $363.8 million. Here is Gunn's response:
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Yet this does not appear to add up.
Over on r/boxoffice, user u/SilverRoyce posted this to the subreddit. They, through the usage of public records, have proven that the movie will be made with a total production budget of around $363.8 million; as seen here:
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This means that the movie would have a budget of roughly $270 million+. Now this doesn't include other tax breaks from other places they may film, nor does it include the marketing costs; which would probably be another $100 million+ in total, bringing the total budget to around $463.8 million+. Nearly half a billion for one movie!
Now here comes the tricky part. Breaking even. For the unawares (and include myself in this particular category), breaking even is when a movie makes back it's budget, plus an extra 2.5%. Anything above this is considered a profit. If the budget 'Superman' is around $270 million then it would require $546.75 million in order to break even; and that still isn't taking into consideration the overall production total plus marketing.
If we were to take the $463.8 million into consideration, this would give us the mind bogglingly absurd number of $939.6 million in order to break even.*
So let's say that the movie needs to make $546.75 million in order to break even; is this even possible given the current state of Hollywood? Movies such as Mission: Impossible - Dead Reckoning and Indiana Jones and the Dial of Destiny (both movies I personally enjoyed), underperformed at the global box office in 2023. Has Hollywood learnt nothing from movies having overinflated budgets underperforming last year, or are they that arrogant that they think it was a one off?
This also fails to take into consideration as to whether or not the general audience still cares about a wider DC Cinematic Universe given that the last eight DCEU movies released between February 2020 and December 2023 (Birds of Prey, Wonder Woman 1984, The Suicide Squad, Black Adam, Shazam: Fury of the Gods, The Flash, Blue Beetle and Aquaman and the Lost Kingdom), were all box office bombs; and given how poorly Warner Bros. Discovery handled the end of the DCEU and how Warner Bros as a whole handled the overall DCEU. It's a reboot of a movie universe, very few people cared about by the end of it all.
Kickstarting a brand new DC Cinematic Universe with a movie that is looking like it will cost $463.8 million in total, is either an incredibly ballsy move or a ridiculously braindead move; and I honestly cannot tell which it is.*
Of course none of this takes into consideration either A) Discovery selling Warner Bros to another studio, or B) Zaslav not playing his old trick of writing the movie off for tax purposes.
Now the latter of those two options isn't likely, but let us, for the moment, entertain this train of thought.
Currently the movie is set to receive $11 million of a total of $37 million in tax breaks from the State of Ohio. Assuming they eventually take the full $37 million and take the full offered tax breaks from other states, plus whatever they got in a tax write off, say roughly $40 million, (the cancelled movies: 'Batgirl' costing around $90 million in its tax write off, 'Scoob! Holiday Haunt' whilst no official number has been given we can assume it would've been around $40 million as was its budget, as the potentially scrapped 'Coyote vs. ACME' costing $30 million in a tax write off; giving us the Median of $40 million) the studio would be lucky to make $100-$110 million in a tax write off; or roughly 27.49% to 30.24% of its budget (not accounting for marketing).*
Now I will freely admit to having but little care in this movie and the larger DCU as a whole. I mislike James Gunn as a filmmaker and have little faith in him delivering a DC Cinematic Universe I'll enjoy. Yet he is not my main concern. My main concern lies with the studio itself. With how the DCEU was handled, the abuse the actors faced on the set of the Justice League reshoots, the constant studio interference, the belittling of a paying section of their own audience etc. has left an incredibly sour taste in ones mouth that refuses to go away.
Given Mr Zaslav's penchant for cancelling projects at a frequency that would make the CEO of Netflix envious, one has to ask the question 'Will this new DCU ever see the light of day?'
I know but little of Hollywood accounting, yet even as someone who cares little and less for this new DCU; I am somewhat concerned that Zaslav might be trying to kill this new universe before it ever has a chance to live!
Is this all because the studio is about to be sold off? Or is it because Zaslav is an incompetent buffoon, who is surrounded by lackwits and lickspittles? Or is it something else?
TL;DR: The new Superman movie is going to have a total production budget of '$363.8 million before marketing costs are factored in, despite most movies with inflated budgets that were released last year underperforming at the global box office.
*1) It should be worth pointing out that this number is ridiculous even for the current state of Hollywood Blockbusters underperforming.
*2) Also it bears note that Warner Bros have also poorly handled their other big IPs such as Lord of the Rings and Harry Potter (see turning 'The Hobbit' into three movies and the entire 'Fantastic Beasts' franchise and the upcoming Harry Potter TV series).
*3)I accept I could be completely wrong about this.
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gamequeenanya · 2 months
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Also, I haven't forgotten about Coyote vs. Acme!
This looked like such a beautiful movie. The people's movie.
If other movies about the underdog going up against "the man" were freely released in the past - and it's even a trope - there is no excuse to not release this movie.
Art deserves to be seen!!
And release the other movies you put in the vault too! Even if they have more of a niche audience, they still deserve to been seen and loved.
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Being a Scooby-Doo fan and/or DC fan gets harder and harder everyday. This merger was specifically designed to make my life worse.
I can’t believe there is numerous projects that they aren’t going to release, that they are just going to keep shelved. Art that people put their time and energy and passion into that is going to be lost for years, maybe decades.
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beeclops · 6 months
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Allow me to express my deep frustration of the anti-animation, reality-show-addicting, CEO of Warner Bros. Discovery David Fucking Zaslav into my personal echo chamber of choice...
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speedygal · 1 year
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tygerbug · 2 years
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chaoticwistfulness · 2 years
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Dean would love this! Team Family Free Will watching this on Christmas Eve. Cas telling Eileen and Jack about that time they met Scooby Doo and friends, Sam getting uncomfortable remembering that kiss Velma gave him. Rowena: "please do tell, Samuel". Jody: "and you wore an ascot, Dean?" Claire forever teasing Dean about Scoobynatural.
Don't you want them all to have a very merry Christmas?
Let's go sign the petition! 👇
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PéAh's post | August 2, 2022
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Me, watching canceled scooby doo shit getting leaked online: do batgirl next!!!!
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loststarsabove · 2 years
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thechainlink · 2 years
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scoobytopia · 2 years
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The Hollywood Reporter, well, reported that all might not be completely lost for SCOOB! Holiday Haunt post-tax-write-Off.
The film received a "funeral screening" for the cast and crew last week. Though unfinished, the movie is in the 90% completion area with the music score recently having been finished along with ADR voice recording, only leaving some polishing that would take around $2 million. Though not set in stone, THR reports it's possible that final polishing may still happen to get it to 100% completion now. The idea being, if the studio decides to release the movie in the future after all, it's already going to be finished and ready to go. Though it's still set to be a tax write-down, all the studio would have to do is pay back said tax write-down to regain access, which has been done before. Though chances aren't high, the film is liked internally and was mainly a causality because it was going to streaming specifically, with CEO David Zaslav wanting to axe streaming-focused movies. #SaveSCOOBHolidayHaunt remains strong from loving fans.
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