Like its main character, the Coyote vs. Acme movie is not giving up. A year after Warner Bros. put the Looney Tunes film on the shelf, it is close to securing a new home.

Ketchup Entertainment is working on a distribution deal for the rights to the movie with a reported price tag of around $50 million. The independent distributor recently handled The Day the Earth Blew Up: A Looney Tunes Movie, an animated feature starring Porky Pig and Daffy Duck.

Coyote vs. Acme is an animation/live-action hybrid starring Will Forte, John Cena, Lana Condor, and Tone Bell. It follows Wile E. Coyote who is tired of Acme products failing him in his pursuit of catching the Roadrunner, so he decides to sue the Acme Corporation. Directed by Dave Green (Teenage Mutant Ninja Turtles: Out of the Shadows) and written by Samy Burch (May December), it is produced by DC Studios co-chief James Gunn and Chris DeFaria.

Despite being completed, Warner Bros. shelved the movie in November 2023 for a $30 million tax write-off. Warner Bros. allowed the filmmakers to seek other distributors, with Amazon, Apple, Netflix, and Prime Video among the potential buyers, though no purchases were made.

“We’re thrilled to have made a deal with Warner Bros. Pictures to bring this film to audiences worldwide,” Ketchup Entertainment CEO Gareth West said. “Coyote vs. Acme is a perfect blend of nostalgia and modern storytelling, capturing the essence of the beloved Looney Tunes characters while introducing them to a new generation. We believe it will resonate with both longtime fans and newcomers alike.”

Once the deal is completed, Coyote vs. Acme could be released in theaters in 2026.