I don’t think it’s been confirmed whether they’ve actually written this one off yet or not. There were reports that they had written off somewhere around $115m for scrapped projects last year, but there were no confirmations around which projects specifically were written off.

I’m not an expert in these matters at all, but if they had written it off, wouldn’t they have had to destroy the materials?

Man, I hope this is good. The action sequences they put in the previews at least look pretty cool. I suspect it’s not gonna be good though.

Nah, AFAIK they just didn’t release it because they thought they wouldn’t even get more revenue from it vs just writing it off. They tried to shop it around but apparently no distributors offered enough on it.