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There’s also a second strategy Buffett relies on that minimizes income, and therefore, taxes. Berkshire does not pay a dividend, the sum (a piece of the profits, in theory) that many companies pay each quarter to those who own their stock. Buffett has always argued that it is better to use that money to find investments for Berkshire that will further boost the value of shares held by him and other investors. If Berkshire had offered anywhere close to the average dividend in recent years, Buffett would have received over $1 billion in dividend income and owed hundreds of millions in taxes each year.


Sony is not the first company to take such a step. Indie label Beggars Group, which is home to acts like Grimes, Jarvis Cocker and The xx, has previously written off unrecouped balances on older contracts. However, Sony is the only major label to do so.




Additionally, incorporate the affiliate products naturally into your content – appearing too “salesy” can risk annoying readers.

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