Man I hate puff pieces that scratch the surface. No shyt they reported larger expenses than the profits to arrive at a loss, but is it legit? shytty ass article just labels it “Hollywood accounting” with no real explanation of what’s going on. They cite an abnormally high interest charge for the Harry Potter film but that’s about it.
Common sense tells me it’s example 4080 of American corporations exploiting loopholes to avoid paying taxes and screw over the people who worked to earn those profits, but the article does little to illustrate this. What passes as journalism in the internet age can be ridiculously abysmal.