@cabel I mean, the whole fucking system that incentivizes corporations to do this is abhorrent and should be razed to the ground, then salted for good measure.
But I also like your idea.
I'm sure someone's AI startup will buy the whole media archive and scrape it down to the foundation.
@rothko movie studios will occasionally delete entire, completed films to take the tax write off of having the expenses of the movie without the profits.
This happened recently with the Coyote vs Acme film and the Batgirl film.
Heck, we used to have a better way:
You get no protection on your work unless it's registered at the copyright office, and a prerequisite of that is they keep a copy for the public, in case yours goes away.
@[email protected] “tax deleted” means a fully finished project is held from release and “deleted” (buried) so that no one can ever see it — just so a corporation can deduct the full cost of the project from their taxes to post stronger numbers.
@cabel if they're going to claim it as a loss they have to actually lose it.
Just like if you pull something from streaming to not pay royalties you have to release the license, not just put it on a shelf and claim it's gone.
@cabel I'd be happy if they simply enforced the existing regulations about how losses work.
The companies are inducing a virtual loss by hiding assets while retaining them.
It's like erasing the address of a warehouse full of iron ingots and then claiming that because you chose to forget you have the iron (while retaining the right to remember it at any time) you're due a tax write off.
@cabel
I wanted to know what "tax deleted" means so i googled it and i was happy to see the top result was a Mastodon page
I was surprised to see it was you replying elsewhere in this thread though 😄
social.panic.com/@cabel/112016915678536825