The long-delayed Looney Tunes comedy Coyote vs. ACME is finally headed to theaters, and its Rotten Tomatoes forecast is soaring on Kalshi.
Traders currently forecast a 94.7% Tomatometer score for the film, which currently holds a 96% Fresh rating on Rotten Tomatoes.
For informational purpoases only. Not trading advice. See full disclaimer below. Kalshi is not affiliated with Coyote vs. Acme or Ketchup Entertainment.
What's it about?
The film is based on humorist Ian Frazier's short story of the same name.
After years of using defective ACME products in his unsuccessful attempts to catch the Road Runner, Wile E. Coyote decides he's had enough.
Mr. Coyote sees a TV commercial from attorney Kevin Avery, played by Forte, and decides to launch a class action lawsuit against the ACME Corporation. The lawsuit uncovers a vast conspiracy involving its defective products and other Looney Tunes characters. John Cena also stars as ACME’s lead attorney.
What the critics are saying
With a 96% Tomatometer score, Coyote vs. ACME has received overwhelmingly positive early reviews.
Empire Magazine’s Olly Richards gave the movie four out of five stars. He praised the film's affection for classic Looney Tunes cartoons and the way it channels their anarchic humor into a feature-length story.
“It’s an enjoyably stupid set-up, logically ridiculous but somehow making perfect sense,” Richards wrote. “Director Dave Green and screenwriter Samy Burch get this balance just right across the movie, taking a very similar approach to Who Framed Roger Rabbit, the Godfather of animation/live-action hybrids.”
The Daily Beast's Nick Schager praised the movie for delivering more than the slapstick mayhem traditionally associated with Looney Tunes.
“A clever and madcap underdog saga that, in light of real-world events, now resonates as a case of art foreshadowing life, director Dave Green’s big-screen Looney Tunes feature is as fleet and frenetic as the Roadrunner who routinely evades its accident-prone title character,” Schager wrote.
The film's history
Coyote vs. ACME has had an unusual journey to theaters. For a time, it appeared the completed film might never be released at all.
A film based on Frazier's story had been bouncing around Hollywood's development hell for years. Warner Bros. eventually moved forward with the project, which reportedly cost about $72 million to make. The film was completed but at the end of 2023, the studio announced it had decided to shelve the project, preventing a full release in movie theaters.
NPR’s Joe Hernandez reported that Coyote Vs. ACME’s cancellation was one of a “string of cancellations at Warner Bros.” that included a big-screen Batgirl movie and Scoob!: Holiday Haunt.
Officials insist the decision was based on the film’s quality, but some economic experts speculated that the studio may have cancelled the movie for “potential tax benefits.”
Fans who were looking forward to seeing the movie expressed outrage online at the decision to can the film. The backlash eventually gave Coyote another shot at catching an audience. After Warner Bros. allowed the filmmakers to shop the movie to other distributors, Ketchup Entertainment ultimately acquired the film for theatrical release.
Now that the once-shelved movie is finally reaching theaters, its 96% Rotten Tomatoes score has critics giving Wile E. Coyote something he rarely gets: a win.
The takeaway:
Kalshi markets now predict:
Coyote vs. Acme’s Tomatometer rating: 94.7%
Follow Danny Gallagher on Instagram: @writerdannygallagher
Follow Kalshi on X: @Kalshi | Image Source: CoyoteVsAcme.com
The opinions and perspectives presented in this article belong solely to the author. This is not financial advice and does not constitute an offer, solicitation, or recommendation to trade any specific product. Information is provided for convenience only on an "AS IS" basis. Past performance is not necessarily indicative of future results. 18+ only. Restrictions and eligibility requirements apply. Trading event contracts and trading leveraged products, including perpetual futures, involves significant risk and is not appropriate for everyone. Please carefully consider if it is appropriate for you in light of your personal financial circumstances. Kalshi products are not available in all jurisdictions. See kalshi.com/regulatory for more information. Kalshi is subject to U.S. regulatory oversight by the CFTC. Kalshi is not affiliated with Coyote vs. Acme or Ketchup Entertainment.
