15-11-2023, 05:42 PM
(15-11-2023, 05:57 AM)bkman1990 Wrote: Who knew what was going to happen at this point. One would assume that WBD probably knew they were making a huge mistake in the eyes of the competition enforcers in the U.S. and then backtracked on their initial decision to write off this film for a tax write off.Arguably if a film or TV production has been completed it shouldn't be allowed to count towards a tax write off, except in extenuating circumstances (e.g. lead actor is charged/convicted). Once the production has been completed in the case of films if they doubt it's success in the cinemas they could release straight to their own streaming site, or alternatively offer it out to rival streaming platforms & TV channels (e.g. Sky Cinema). Similar options are also available with TV series.
And we still don't even know whether more other projects were going to be added along with Coyote vs. Acme on the tax write off list.
Although; this is the first time that I have read that the Antitrust guidelines from the U.S. Justice Dept and the FTC are going to be going through changes. Are there big changes planned for them or could it be some small changes which would allow WBD to get away with implementing more of their tax write offs in the near future?
I suspect though that they might then try to claim that whilst reviewing/previewing they decided that changes where required, which made it no longer complete. They could then do the tax write-off claiming that it wasn't complete (even though it essentially was).
Formerly 'Charlie Wells' of TV Forum.