• Tenthrow@lemmy.world
    link
    fedilink
    arrow-up
    4
    ·
    1 year ago

    That’s the thing about residuals though. If it’s not popular enough you don’t have to pay anything. Unless it’s a tax thing I can’t see a downside to leaving it available.

    • Invalid@kbin.social
      link
      fedilink
      arrow-up
      7
      ·
      1 year ago

      Assuming it’s like the others then I believe they will treat it as an investment loss which allows them to take some percentage of the loss as a tax deduction.

      I don’t know how the law works but suspect it makes an eventual return to any form of media unlikely.

    • Hobovision@kbin.social
      link
      fedilink
      arrow-up
      5
      ·
      1 year ago

      This article and other discussions I’ve seen about this content removal trend seems to put the blame mostly on a tax loophole. I don’t really understand it, but what I think is basically happening is the company does a calculation that the show/movie will make them basically no money but taking a loss on it by trashing it will earn them a larger discount on their taxes.