Last June, fans of Comedy Central – the long-running channel behind beloved programmes such as The Daily Show and South Park – received an unwelcome surprise. Paramount Global, Comedy Central’s parent company, unceremoniously purged the vast repository of video content on the channel’s website, which dated back to the late 1990s.
What does this have to do with write-offs? I don’t think they can write off episodes of South Park and the daily show that have already aired.
It’s more for things like the batgirl movie that is finshed but will make more money in tax write offs to never release it. But if they lose ad revenue from removing a back catalogue, that may also let them post a loss and claim tax breaks.
I think the suggestion is that if they leave the content available, they can still write it off.
I don’t think they can write it off either way, though. It only makes sense to write off shows that haven’t made money. It’s just “retiring” when you’re taking about something that’s already been released. There’s no ulterior profit motive, unlike when they write off unreleased movies and shows.