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You could argue that once "written off" it becomes public domain.
by tantalor 3y ago
You could argue that once "written off" it becomes public domain.
- HWR_14 3y agoYou can certainly argue the law should be changed such that once written off it should become public domain. I don't see how that would happen now.
- sigzero 3y agoNo, you can't. They still own it.
- autoexec 3y agoDo you own your trash after you throw it away? I think it could be argued that trashing something means you're giving up your ownership rights. It sounds like the ideal solution would be to shore up the tax law to prevent this situation in the first place, but if that's not possible and it will continue to be profitable to create art just to trash it then the works should at least be released to the public domain so that we're not losing the art.
- haunter 3y ago> Do you own your trash after you throw it away? In a similar story that’s the center point of the lost Doctor Who episodes case. BBC literally throw away the reels > workers saved them from thrash > BBC now looking for the lost episodes, everyone knows who has them but they are reluctant to give it back in fear of prosecution (BBC can’t grant clemency) https://www.theguardian.com/tv-and-radio/2023/nov/11/lost-doctor-who-episodes-found-owner-reluctant-to-hand-them-to-bbc https://www.theguardian.com/tv-and-radio/2023/nov/11/lost-do...
- SkyPuncher 3y agoSo, are all VC companies public property for the years of losses they’ve had?