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5min chapter
Dude, where's my streaming TV show?
Planet Money
The Tax Write-Off Theory for TV Shows Like Made for Love
HBO Max's parent company, Warner Media, was spun off by its former owner and merged with Discovery. As part of that deal, the new company had to take on around $50 billion in debt. For a long time, companies were required to spread out their expenses over 10 years. But recent tax changes mean they no longer always have to wait to write off their expenses.
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