I find it funny how both Netflix and Amazon are just so good at burning money on mediocre shite nowadays. Amazon’s studio output has always been throwing obscene money at any pitch or stupid idea, but once upon a time when Netflix promoted their own shows, you just knew they were going to be worth watching.
It’d be fine, if both companies hadn’t ruined their products and laid off hundreds, if not thousands of people.
My car got towed when I went to the doctor (I’m too overweight to walk very far) and my medical bill was huge, so now I am bankrupt. At least I can sell my gun range that’s also a bar for cash. If I don’t fix my financial situation now, my kids will never be able to afford college, forever dooming my descendents to a life of burger flipping and penury.
Technically, it isn’t burning any money, it’s all a tax write-off and they don’t necessarily have any profit to report to the IRS. The US Film Industry has always been like that: employ all your friends, keep the money flowing, buy nice houses for the shareholders and producers, then pull the rug on anybody who worked for “percent of net profit/earnings.” Hollywood accounting, they call it.
I find it funny how both Netflix and Amazon are just so good at burning money on mediocre shite nowadays. Amazon’s studio output has always been throwing obscene money at any pitch or stupid idea, but once upon a time when Netflix promoted their own shows, you just knew they were going to be worth watching.
It’d be fine, if both companies hadn’t ruined their products and laid off hundreds, if not thousands of people.
Netflix still CAN make good shows, usually they’re from Spain or south Corea though
This is probably the most American comment I’ve ever seen on Lemmy (so far)
My car got towed when I went to the doctor (I’m too overweight to walk very far) and my medical bill was huge, so now I am bankrupt. At least I can sell my gun range that’s also a bar for cash. If I don’t fix my financial situation now, my kids will never be able to afford college, forever dooming my descendents to a life of burger flipping and penury.
Touché
Technically, it isn’t burning any money, it’s all a tax write-off and they don’t necessarily have any profit to report to the IRS. The US Film Industry has always been like that: employ all your friends, keep the money flowing, buy nice houses for the shareholders and producers, then pull the rug on anybody who worked for “percent of net profit/earnings.” Hollywood accounting, they call it.
A lot less funny with all the context.