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Cake day: August 3rd, 2023

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  • Ooh so it’s both

    Kevon is right, one tax benefit is the cost of the show: whether they cancel it or not they get to write off those expenses, and they get a tax break there

    Chris would be correct too though: if Netflix holds the IP as assets on the balance sheet, they’d be held at some present value of expected royalties. When they cancel the show id imagine that asset value takes a shit, that’s a write off, so tax benefit there

    That said no business does this to make money from the tax asset, you have to lose more than the government gives you back

    More likely Netflix is high off it’s own farts and thinks just money can make cinema magic and it clearly can’t.




  • triclops6@lemmy.catoMemes@lemmy.mlWhich pill do you choose?
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    10 months ago

    Even if 2024, think how much smarter and further ahead of your peers you’d be:

    • you’re now at the head of the class
    • you job hunt, network, save like a pro
    • you’re the most mature person in the room
    • you get to live like a young person again (something I’d pay a lot to do)

    Downsides: never meet my partner and kids, gotta do the whole no-income thing again for a while