Comment on How does delisting a game make/save money?
Kissaki@feddit.de 3 months agothe relevant quote:
it’s about these special tax breaks that these companies can take in the immediate aftermath of a merger. So the company expects to write off something up to $3.5 billion connected to content costs as a result. And part of getting that tax benefit means they have to pull some of these shows from the service
underisk@lemmy.ml 3 months ago
so it’s essentially a perverse incentive at work.
arefx@lemmy.ml 3 months ago
Welcome to the USA
homesweethomeMrL@lemmy.world 3 months ago
Because we made it that way. And we can fix it, too. Will we?
JJROKCZ@lemmy.world 3 months ago
We can’t fix it, the common people only have a marginal say in our government. Corporations have captured almost all regulators and all the offices needed to effectively control the nation. Politicians will vote based on whatever their donors want them to do, not what the actual citizens in their districts want
ryathal@sh.itjust.works 3 months ago
It’s more an unintended consequence. Pretty sure the point of this is that you can buy a company and get some relief for bad assets they have. You can also use healthy assets to get a quick tax break, for things unlikely to make a ton of money.
ashok36@lemmy.world 3 months ago
The law needs to change. Artistic works that are written off for tax purposes must revert to the public domain permanently and immediately.
ryathal@sh.itjust.works 3 months ago
That would be nice and in line with the goals of copyright, so obviously it will never happen.
underisk@lemmy.ml 3 months ago
unintended consequence is the definition of perverse incentive.