That's a great point, tho honestly I think lots of streaming stuff is definitely used for 'creative accounting' sort of purposes.
Uwe Boll made his career exploiting loopholes in German tax law, and if you can finance a movie/show for next to no interest like you could for the last decade and release it on a platform where the success of the content is measured in views, then you can probably realize a pretty big tax write-off by misrepresenting the profitability of your productions - Netflix only paid a 1% income tax rate in 2021
That's a great point, tho honestly I think lots of streaming stuff is definitely used for 'creative accounting' sort of purposes.
Uwe Boll made his career exploiting loopholes in German tax law, and if you can finance a movie/show for next to no interest like you could for the last decade and release it on a platform where the success of the content is measured in views, then you can probably realize a pretty big tax write-off by misrepresenting the profitability of your productions - Netflix only paid a 1% income tax rate in 2021