This...doesn't make sense? The expenses of producing the movie can already be offset against their profits. That's how business works: you only pay taxes on money you earn after expenses.

So how, exactly, do they get an additional write-off for destroying the film? If you deliberately destroy something of value, why should you get to write that off your taxes? Consider: They certainly own a lot of computers. If the CEO walks through the building smashing all the computers with a sledgehammer, the IRS is not going to let them write off the destruction. That would be stupid.

So why can they do this with a movie?