I was hoping to learn more as well. I think the streaming accounting isn’t as directly attributable so it probably means that costs are allocated over long per

I was hoping to learn more as well. I think the streaming accounting isn’t as directly attributable so it probably means that costs are allocated over long periods because the single show is a very small percentage of the overall library. So you spend $5B on shows and lump them into your library and some are watched and some aren’t, but they all pay out sort of the same. So you amortize that $5B equally over the whole schedule. By removing shows you think won’t get you viewers you amortize the whole cost immediately. But in the olden days revenue was more clearly attributed. So if you payed $5B for 100 shows each and the costs were equal (not really but let’s say) then each show has $50M in costs. You can run them all and when you don’t sell ads then you know they suck and can close those ones down. There’s no risk to run and see because you have revenue for each show. And with old cable, shows paid out based on plays. So you could just not play those old shows. But with streaming, just to have them available for streaming, even if no one views them, they make revenue for tax purposes.