I think the suggestion is that if they leave the content available, they can still write it off.
Comment on Beware Hollywood’s digital demolition: it’s as if your favourite films and TV shows never existed
Ajen@sh.itjust.works 1 month agoWhat does this have to do with write-offs? I don’t think they can write off episodes of South Park and the daily show that have already aired.
SreudianFlip@sh.itjust.works 1 month ago
Ajen@sh.itjust.works 1 month ago
I don’t think they can write it off either way, though. It only makes sense to write off shows that haven’t made money. It’s just “retiring” when you’re taking about something that’s already been released. There’s no ulterior profit motive, unlike when they write off unreleased movies and shows.
Kalysta@lemm.ee 1 month ago
It’s more for things like the batgirl movie that is finshed but will make more money in tax write offs to never release it. But if they lose ad revenue from removing a back catalogue, that may also let them post a loss and claim tax breaks.
Ajen@sh.itjust.works 1 month ago
I’m not a CPA, but I don’t think you can write off something that already made a profit. How would that even work, if companies were able to write off predicted ad revenue? They could make up any value and never have to pay any taxes at all.
I don’t think write-offs have anything to do with them removing these episodes.