I would lower the color to a darker shade because that green might scream on the TV and hurt your eyes, it should not compete with the Looney Tunes logo in lightness. I do like the placement of characters though.
Desaturated and/or darken that green backgroun a bit, will be hard to read on tv, especially if you fonts are too small or have serifs. The chroma bleeds really bad on bold RED, GREEN or BLUE colors (or neons like ORANGE or PINK).