>>90658923Tax write off, I just told you.
To put it in layman's term (though I'm not an accountant so I'll probably horribly butcher what the actual meaning is and be called an idiot) it basically means that if the product or investment is making money you could "write-off" the investment as a failure and not pay taxes for it.
Here's the thing though: You can't exactly "write-off" an investment as a failure just to avoid taxes just to go try to make another try at making a profit.
So when you "write it off" it basically means you've written it of your investment forever. The show they written off? That's forever. CN basically said "We don't want to pay taxes trying to keep it alive so if you let us go for this one thing we won't use it ever again". The show, characters, property and so on are thus in the air. "Owned" by CN but not allowed to profit from it in any way. They can't even sell it because to do so would be making money off of it.
Nobody can have it or profit from it ever again. It's literally empty air now, not even a name that can be marketed. It's nothing but a memory.