flagship on 22 November 2008
| DarkNight_DS said: You guys do know that the media industry is well known for it's shady accounting practices right? Some of the bigger players show a loss on paper so that they don't have to pay taxes. That's the way the industry rolls. I don't think everyone uses this approach but you can bet that certain publishers do. |
QFT, it's very easy to lose non-existant money. Lots of small buisnesses in the US do this as well, post a net loss 3 out of 4 years and a minor profit on the 4th.
