Now, it’s one thing for a show to get canceled. What new CEO David Zaslav is doing is nuking shows — particularly animation series and kids’ programming — from the face of the earth. It’s possible they will never be seen again, or will only become legally viewable in a century or so once the copyright expires. The reason given for these actions is cost-cutting: a tax break available in mergers for writing off incomplete projects (like Batgirl), and savings on residual payments for the cast and creators of series. God forbid the artists make a few crumbs! Meanwhile, Zaslav’s compensation package in 2021 alone was valued at $241 million. This is capitalism at its most absurdly cannibalistic, of profits based on destruction.
Tags: capitalism, corporations, economic inequality, economy, entertainment, media, television, video