ST Alpha - "Yes they get a write off equal to 21% of the actual cash they put out. " (Reading a Post)

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Posts: 160

In response to "Tax write-down, it's content not art. -- nm" by Under the Influence

Yes they get a write off equal to 21% of the actual cash they put out.

Posted by spamlet Jan 13 '23, 18:12

It’s a horribly inefficient business model to get back 21% of what you paid.

Responses:

And they don’t pay residuals. -- nm - MDH Jan 13, 18:24
right? -- nm - Beaker Jan 13, 18:19 4
- if you can't make 21% of your production cost from ads from original airing and then selling the rights just fucking give up -- nm - Beaker Jan 13, 18:20 3
  - TNT is Warners. there aren't enough ads in the world to make Discovery whole for the $3b they went in hock to buy it -- nm - hollywood big shot Jan 13, 18:42 2
    - I'm buying Apple for 84 trillion dollars -- oh oh, so Apple suddenly doesn't make enough money to cover that now? -- nm - Reagen Jan 13, 18:49 1
      - this seems to be the difference between Disney buying FOX and Warners buying HBO. Disney wanted the content for D+, Warner wants the tax writeoff -- nm - Beaker Jan 13, 18:53

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