'Looney Tunes' reboot film on its way

By Matthew Dougherty,

Warner Bros. is rumored to bring Looney Tunes back to the big screen with former Saturday Night Live cast member Jenny Slate penning the script.

According to The Hollywood Reporter, the film will be a hybrid of live-action and CGI.

Harry Potter series producer David Heyman is set to produce this film along with David Katzenberg and Seth Grahame-Smith.

No word yet on who will star or when the film will be released.

The last time that the Looney Tunes characters were on the big screen was back in 2003 in Looney Tunes: Back in Action starring Brendan Frasier. It made only $68 million worldwide.

Before that was 1996’s Space Jam starring Michael Jordan, which was far more successful making $230 million worldwide.

Film School Rejects likens the reboot to last year’s highly successful reboot of The Muppets.

The classic old cartoons are still running on Cartoon Network in an hour long block that is on throughout the week.

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