jtmetcalfe

joined 1 year ago
[–] jtmetcalfe@lemmy.sdf.org 23 points 7 months ago

It helps that they are supported by a majority of those in power or with wealth or influence

[–] jtmetcalfe@lemmy.sdf.org 1 points 1 year ago (3 children)

This guy is a total asshole, great to see him getting dragged in this review

[–] jtmetcalfe@lemmy.sdf.org 2 points 1 year ago

Yeah it does seem counterproductive, companies in other industries do this all the time it just goes unnoticed - this system does not work in the consumer’s favor

[–] jtmetcalfe@lemmy.sdf.org 1 points 1 year ago

Well, I think there is a question too of the value that theses assets have when brought directly to streaming and the reason we’re seeing studios start to rethink this strategy and schedule more theatrical runs

However from what you described the scenario is similar and these situations also occur with more traditional assets, for instance a manufacturer who brings a product to market that significantly underperforms because of an unforeseen event, if the assets market value drops below what has been accounted for they write down that difference as a loss. This loss offsets other gains the company recognizes and therefore rescues their tax burden. Consumers are able to take advantage of this as well if they experience a loss in their investments (capital losses)

For businesses and consumers the ability to write down losses encourages additional investment, and the highly subjective nature of valuation allows companies like the studios to use creative strategies to offset other costs like Discovery’s acquisition of Warner Media

[–] jtmetcalfe@lemmy.sdf.org 24 points 1 year ago (5 children)

This thread isn’t touching on the biggest impact which is being able to write down or impair these assets that are taken off streaming or shows in production that are cancelled (for Warner’s an amount in excess of $3B) - the impaired asset value is then taken as a loss which reduces the company’s tax burden.

[–] jtmetcalfe@lemmy.sdf.org 2 points 1 year ago (1 children)

I’ve had my eye on this for a while, I’m a rigorous notebook and pen note taker but the ability to search through notes would be a huge benefit - do you find the integration with other services to work well? (I would want to export notes to a separate cloud storage platform like OneDrive)

[–] jtmetcalfe@lemmy.sdf.org 2 points 1 year ago

No deaths but a graven image destroyed, hmm…

[–] jtmetcalfe@lemmy.sdf.org 4 points 1 year ago (1 children)

You must mean Plainit fellow pancake earthier?

[–] jtmetcalfe@lemmy.sdf.org 2 points 1 year ago (1 children)

No I meant I play it more since it feels so much harder to post up on the couch even after they’ve gone to bed, mine aren’t there yet to be able to play it on their own

[–] jtmetcalfe@lemmy.sdf.org 4 points 1 year ago (3 children)

Having kids it gets used all the time, I hardly ever touch my PC or PS5 anymore

[–] jtmetcalfe@lemmy.sdf.org 12 points 1 year ago

In the third decade of the 21st century all mankind held their collective breath as the first functional AI system was born, with the intelligence of a 9-year-old boy — its first words: “hello world. eat my shorts.”

[–] jtmetcalfe@lemmy.sdf.org 17 points 1 year ago (2 children)

Oh ancient cryptobiosis worm, take away our pain, bring peace at long last, all hail to thee.

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