3 ms·
Absolute dystopian nonsense… company literally just sets what it’s own content is worth.. then can pull the content it already owns and write it off as tax brea
by roody15 3y ago
Absolute dystopian nonsense… company literally just sets what it’s own content is worth.. then can pull the content it already owns and write it off as tax break..
Ohh those shows we created that we no longer stream… umm yeah those were worth 1.5 billion so we will be writing that off and lowering our tax bill…. Ohh and we may pull another 400 million worth of content later just an FYI.
Absolute lunacy
- prepend 3y agoIf they pull another $400M later they’ll pay taxes on the full $400M earned from a zero dollar cost.