Case (
case) wrote in
fandomsecrets2023-12-02 04:16 pm
[ SECRET POST #6175 ]
⌈ Secret Post #6175 ⌋
Warning: Some secrets are NOT worksafe and may contain SPOILERS.
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Notes:
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(Anonymous) 2023-12-02 09:31 pm (UTC)(link)So, I'm probably missing a piece here, but my understanding is that if a studio cans a movie without releasing it, they can get a pretty significant tax write-off for it. WB's strategy the past several years has been to generate revenue by seeking tax credits/write-offs rather than through box office receipts.
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(Anonymous) 2023-12-02 09:59 pm (UTC)(link)I'm pretty sure making a movie with the *intent* of not showing it and using it for tax relief would be out-and-out tax fraud.
These are movies that were produced with the intent to release them, usually by the people who were in charge of the studio before Discovery bought it. So the people who used to be in charge thought the movie would make a lot of money, but then Zaslav decided that it wouldn't make enough money if they released it and would be worth more for the tax write-off.
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(Anonymous) 2023-12-02 10:57 pm (UTC)(link)This is it exactly. They're actually starting to get some heat from the FCC for canning so many movies recently and getting tax relief. Not to mention that talent has started canceling meetings with WB because they don't want to bother making something for it to be shit-canned for the tax money.
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(Anonymous) 2023-12-02 11:26 pm (UTC)(link)no subject
(Anonymous) 2023-12-02 10:04 pm (UTC)(link)no subject
(Anonymous) 2023-12-02 10:51 pm (UTC)(link)(For the record, I don't know the numbers. But that seems to me the argument from how I understood it.)
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(Anonymous) 2023-12-02 11:16 pm (UTC)(link)