jeffw‘Coyote vs. Acme’ No Longer Dead After Big Backlash to Warner Bros.
Dagwood222I don’t know if it will be a good movie or not. My issue is how can you get a better tax break by not releasing a movie than by releasing it and having it bomb?
It’s complicated. It’s not just a straight tax write off, but also you cut costs by shelving it. Marketing and other post-production budgets can be high. Also, if a film is really bad, there’s reputation damage to the brand, which is hard to quantify.
I’m a bit of a movie buff, and if I’ve heard it once…
“There isn’t a writer or director in Hollywood who is half as creative as the worst studio accountant!”