[gruez]

If you spent a bunch of time and resources making a movie, and then decide to shred it, did you not lose money?

[exe34]

If I burn down my house, I lose money. Should I be able to claim insurance on that?

[gruez]

If your insurance policy covers that (unlikely because of this exact situation), then sure.

[aniforprez]

No insurance company in the world will pay out insurance if you commit arson against your own house because that's stupid. Same thing should apply here. Destroying a film to get a tax break at the very least should incur penalties

[MrNeon]

The penalty is that they lose money at the end of the day. It is not a sustainable business practice.