As of today, Looney Tunes is still owned and operated by Warner Bros. Studio!

Ketchup Entertainment has bought the distribution rights of "The Day the Earth Blew Up", which was released in theaters on March 14th, 2025, and has had positive reviews.

Ketchup Entertainment has bought the distribution rights of "Coyote vs. ACME", which is set to release sometime in 2026. Articles released this news on the week of March 30th, 2025

These are the only two Looney Tunes movies set to be made for theaters and nothing has been said about future projects.