“Coyote vs. Acme” will see the light of day. Ketchup Entertainment has acquired worldwide rights to the live-action/CG hybrid film from Warner Bros., the company announced on Monday. Terms of the deal were not officially disclosed, but an insider pegged the deal at around $50 million.

Directed by Dave Green, the film centers on Wile E. Coyote as he takes legal action against the Acme Corporation for the countless faulty products that have hindered his relentless pursuit of the Road Runner. Will Forte, John Cena, Lana Condor and Tone Bell star.

The acquisition comes as a sigh of relief to Green and the filmmakers, but also the creative community at large who responded with shock and anger at Warner Bros.’