4 ms·
The actual budget of the movie was higher than $40m. This is just the number that's been reported as the net value of the writeoff. But I have no real info, it'
by add-sub-mul-div 3y ago
The actual budget of the movie was higher than $40m. This is just the number that's been reported as the net value of the writeoff. But I have no real info, it's possible this has been reported vaguely, incorrectly, or based on rumor.
- heyoni 3y agoSorry I was asking about how taxes worked. Your comment made it sound like they can subtract $40million off of their tax bill because they lost that much to this movie but maybe you didn't mean that. I imagine the write off means their revenue is considered to be $40 million less and so they're taxes on a lower number, meaning selling a movie for $40million could still be worth it.
- add-sub-mul-div 3y agoI've seen people running with the assumption that it's a net $40m gain for the studio, but that could be incorrect.