Process
Status Items Output None Questions None Claims None Highlights Done See section below
Highlights
id569491996
question how Disney can simultaneously declare that it is purging content because it wasn’t worth the cost, while also asserting the move will lead to a staggering $1.5 billion in losses. There is an obvious upshot to this approach: the bigger hit that Disney claims, the larger the potential tax write-off for the company.
id569492091
Beyond the tax write-offs, removing content that isn’t helping platforms retain or bring in new subscribers is a way to cut spending on residual payments to writers and actors as well as avoid paying licensing costs.
id569492600
Disney is claiming two contradictory things: both that the assets were producing so little value that it’s cheaper to destroy them than to keep them and that the assets were worth $1.5 billion.