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  1. lakebum431

    HBO Max/Discovery+ Merger

    Too big for what or in what way?
  2. lakebum431

    True Detective: Night Territory - Max

    Couldn't disagree more with the OP. Great so far!!!
  3. lakebum431

    HBO Max/Discovery+ Merger

    You have to look at why their cash is down. I know that you aren't strictly a financial person, but come on. They paid down $4.2B of debt. FCF is what matters for them, which is just fine. In fact, as they said on their last earnings call, they are considerably ahead of scheduled debt pay back...
  4. lakebum431

    HBO Max/Discovery+ Merger

    Yes, the tax attorney who is either a bad tax attorney or is intentionally trying to mislead people. Correct. There is literally no other alternative.
  5. lakebum431

    HBO Max/Discovery+ Merger

    Absolutely a timing/cash flow benefit. Albeit a minor one. But it is not as portrayed in the multiple posts that this is an additional tax write-off. It is not. It is just an acceleration of the depreciation of the asset (for which the cash has already been paid). There is no company in their...
  6. lakebum431

    HBO Max/Discovery+ Merger

    Dude - They would have gotten that tax deduction over the depreciable life of the film anyway. It is all a timing issue. I don't know who Steven Chung is, but he is either a very bad tax attorney or he is being intentionally deceptive. There is no other explanation.
  7. lakebum431

    HBO Max/Discovery+ Merger

    I'm not going to explain again, but give it a rest. Neither you nor the author of that article understand taxes.
  8. lakebum431

    HBO Max/Discovery+ Merger

    https://www.hollywoodreporter.com/business/business-news/warner-bros-discovery-paramount-merger-talks-1235766985/
  9. lakebum431

    Paramount +

    https://www.hollywoodreporter.com/business/business-news/warner-bros-discovery-paramount-merger-talks-1235766985/
  10. lakebum431

    Marvel Studios' Loki

    I'd say so! It was literally called Avengers The Kang Dynasty https://www.marvel.com/movies/avengers-kang-dynasty Now the question is do they recast or totally change the plans...
  11. lakebum431

    House of the Dragon

    Looks good. I'm pumped!
  12. lakebum431

    When will it be time to change the name of the site?

    I'm actually interested in Wonka too. Thinking we will take the kids for the Christmas season. No clue how well that will do, but I felt a real sense of nostalgia with the trailer. https://www.youtube.com/watch?v=otNh9bTjXWg
  13. lakebum431

    When will it be time to change the name of the site?

    As far as all movies doing poorly, that isn't really true. Oppenheimer and Barbie (actually released the same day this year from different studios) both did waaaaay above expectations $950 million and 1.38 billion, respectively. I think the real problem is that most movies right now are bad...
  14. lakebum431

    HBO Max/Discovery+ Merger

    That makes total sense! Smart licensing deals. :)
  15. lakebum431

    HBO Max/Discovery+ Merger

    I would hope they wouldn't think that, but the use of the term "selling" in the industry implies just that, a sale, not a license. I was only pointing out that difference as the point that was being made was that it was doing harm to the future of the company by selling content to other...
  16. lakebum431

    HBO Max/Discovery+ Merger

    It's actually an enormous difference in the industry. That's why I pointed it out. Here is a Disney example the other direction. I was looking through the guide over the holiday weekend and was going to ESPN for a football game (channel 140 on Dish) and just happened to see that one of the Star...
  17. lakebum431

    HBO Max/Discovery+ Merger

    Bruce - I'm not sure why you are trying to fight about this. The article that you posted has a headline that says "sending" (which is correct). Your comment said "selling". I was simply pointing out that they aren't selling it, they are licensing it. My guess is that it is also not an exclusive...
  18. lakebum431

    HBO Max/Discovery+ Merger

    (Emphasis added by me) Huh? You did. I was just pointing out there is a big difference.
  19. lakebum431

    HBO Max/Discovery+ Merger

    Do note the difference between licensing and "selling"
  20. lakebum431

    HBO Max/Discovery+ Merger

    hahahaha, no. you still haven't understood. No ADDITIONAL benefit.
  21. lakebum431

    HBO Max/Discovery+ Merger

    I said I was done, but I can't let this one pass. Because it so clearly shows that you don't understand how taxes work. A write-off of an asset (in this case Batgirl) does not result in a tax CREDIT. It is a reduction to their taxable income just like all of their expenses. So as savarese04...
  22. lakebum431

    HBO Max/Discovery+ Merger

    This is spot on! Bruce just doesn't get it. I give up with him. He is wrong weather he will ever realize it or admit it.
  23. lakebum431

    HBO Max/Discovery+ Merger

    So any company who tries to make a product that is bad or doesn't work should not get to expense the costs associated with the development of that product? This is no different than a company who spends money to develop a product that they decide not to release because it isn't up to their...
  24. lakebum431

    HBO Max/Discovery+ Merger

    I'm not sure how else to say the same thing to you. You don't see to fully understand how taxes work (which is totally fine) and think that "something needs to be changed" but you can't articulate what. Is there a lower taxable income (which results in a tax benefit) as a result of not...
  25. lakebum431

    HBO Max/Discovery+ Merger

    This, read this from your post above. Please. Then pause and read it again. From your quote above: "As such, it is not as though there is a tax benefit being obtained here without a non-tax (i.e. financial) cost." This is what I have been saying post after post. The write-off did not create...