360
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 10 Feb 2024
360 points (97.1% liked)
Movies
7512 readers
41 users here now
Welcome to Movies, a community for discussing movies, film news, box office, and more! We want this to be a place for members to feel safe to discuss and share everything they love about movies and movie related things. Please feel free to take part and help our community grow!
Related Communities:
!books@lemmy.world - Discussing books and book-related things.
!comicbooks@lemmy.world - A place to discuss comic books of all types.
!marvelstudios@lemmy.world - LW's home for all things MCU.
While posting and commenting in this community, you must abide by the Lemmy.World Terms of Service: https://legal.lemmy.world/tos/
-
Posts or comments that are homophobic, transphobic, racist, sexist, ableist, or advocating violence will be removed.
-
Be civil: disagreements happen, but that doesn’t provide the right to personally insult others.
-
Spam, self promotion, trolling, and bots are not allowed
-
Shitposts and memes are allowed until they prove to be a problem.
Regarding spoilers; Please put "(Spoilers)" in the title of your post if you anticipate spoilers, as we do not currently have a spoiler tag available. If your post contains an image that could be considered a spoiler, please mark the thread as NSFW so the image gets blurred. As far as how long to wait until the post is no longer a spoiler, please just use your best judgement. Everyone has a different idea on this, so we don't want to make any hard limits.
Please use spoiler tags whenever commenting a spoiler in a non-spoiler thread. Most of the Lemmy clients don't support this but we want to get into the habit as clients will be supporting in the future.
Failure to follow these guidelines will result in your post/comment being removed and/or more severe actions. All posts and comments will be reviewed on a case-by-case basis. This means that some content that violates the rules may be allowed, while other content that does not violate the rules may be removed. The moderators retain the right to remove any content and ban users. We ask that the users report any comment or post that violates the rules, and to use critical thinking when reading, posting or commenting.
founded 1 year ago
MODERATORS
Make 10 things for $10.
Try to sell each for $100, say only one sells.
Rather than take a lower price, you write off the 9.
Your taxable income is now $10. And your average profit per thing is $90. Which is good for stock prices.
Mix in Hollywood accounting, and you might even still not have a taxable income. Plus, those other 9 aren't competing against the 1 that made it. They're concentrating all the profits in one thing, which makes marketing easier
But really, it all comes down to manipulating stock price.
But you didn't try to sell the other 9? You made them for $10 each and then threw them straight in the trash.
That's not what happens here...
They were trying to sell this for 80 million, no one want d to pay that.
It didn't cost 80 million, they could have sold it for less.
But that would dilute the market and lower prices for other films.
It's like luxury goods destroying their own product rather than lowering the price to move all their inventory. It's not about selling as many as possible, it's about having the highest profit margin.
Like, why are you trying to argue that this isn't profitable? These studios spend millions on lawyers and accountants to ensure profits are maximized.
You think you know more than them?
The solution is legislation to prevent this bullshit from being more profitable than releasing them.
Woah calm down, I'm not trying to argue with you. I was just trying to wrap my head around your ELI5 explanation by asking a clarifying question.
Why the hostile tone? Sheesh
Resting A-hole Tone. It is a condition like RBF
It sounds more like frustration at the whole situation tone to me. I think we all want new content and we want creators to thrive. This situation sucks for many mnay people
there's definitely some accounting shenanigans going on.
Do they write off the other nine things for $90 or $900 based on the value of the materials or the estimated value of the work. I assume if they say, "we earned $100 but it cost us $900 to do that," on your taxes that you can get your taxes owed down to about zero.