The scrapped Looney Tunes movie, Coyote vs. Acme, is set to hit theaters after being acquired by Ketchup Entertainment.Warner Bros. had originally decided to write off the film as a tax loss in 2023, despite its completion.Coyote vs. Acme is based on a 1990 New Yorker short story and features Wile E. Coyote suing Acme Corporation.Ketchup Entertainment plans to give the film its overdue theatrical debut, aiming to appeal to both dedicated fans and a new generation.