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[-] roofuskit@kbin.social 13 points 1 year ago

It's the new game all the studios are playing where they remove content they don't deem popular enough to avoid paying any residuals. Zaslav started it with (HBO) Max and now Disney and the others are all following suit.

[-] Tenthrow@lemmy.world 5 points 1 year ago

That's the thing about residuals though. If it's not popular enough you don't have to pay anything. Unless it's a tax thing I can't see a downside to leaving it available.

[-] Invalid@kbin.social 7 points 1 year ago

Assuming it’s like the others then I believe they will treat it as an investment loss which allows them to take some percentage of the loss as a tax deduction.

I don’t know how the law works but suspect it makes an eventual return to any form of media unlikely.

[-] Hobovision@kbin.social 6 points 1 year ago

This article and other discussions I've seen about this content removal trend seems to put the blame mostly on a tax loophole. I don't really understand it, but what I think is basically happening is the company does a calculation that the show/movie will make them basically no money but taking a loss on it by trashing it will earn them a larger discount on their taxes.

[-] Tenthrow@lemmy.world 5 points 1 year ago

This is why we can't have nice things. Corporations are evil. Goodnight.

[-] roofuskit@kbin.social 2 points 1 year ago

No body to incarcerate or soul to damn.

[-] Zorque@kbin.social 3 points 1 year ago

Next year on the streaming platform of your choice: Springtime for Hitler!

[-] acockworkorange@mander.xyz 1 points 1 year ago

Great reference!

[-] buckykat@lemmy.fmhy.ml 3 points 1 year ago

Capitalists would kill their grandmothers to avoid paying out ten cents to an actual worker

this post was submitted on 26 Jun 2023
54 points (100.0% liked)

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