‘The Day The Earth Blew Up: A Looney Tunes Movie’ Sets Winter 2025 Theatrical Release

So they can basically create a new Looney Tunes movie and just never release?

[off topic?]

Here's a glimpse of the Popeye movie we never got.

https://youtu.be/i4tNuM9XttM

Is this one also a tax write off?