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 find it hard to believe that this movie is so bad that WB decided that it wouldnt even recoup the marketing costs for it. This whole thing sounds like people that dont understand math and taxes making decisions.
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!”
I find it hard to believe that this movie is so bad that WB decided that it wouldnt even recoup the marketing costs for it. This whole thing sounds like people that dont understand math and taxes making decisions.