The storied “Looney Tunes” building is being yanked off the lot as Warner Bros. seeks to tear down the historic single-story structure that was once home to Bugs, Daffy, Tweety and more.

Coyote may soon limp back to fight another day. A year and a half after David Zaslav-run Warner Bros. Discovery shelved the movie “Coyote vs. Acme,” the studio is in talks to sell the film to ...