After a few days of adjustments, Herak handed over some of the subsequent things to the team's supervisor Mike Hollowak and general manager Mike Keefer.

With the personnel of Jin Jianfu and Letu teams, Herac returned to Los Angeles from Massachusetts alone.

This is the time when the Golden Globe Awards Ceremony of TV and Movies is about to begin. Herac is not interested in watching this film and television award ceremony this year.

After all, Lianmei Film Company only had a movie and TV launch at the end of 1965, and this year it will not be included in the public relations industry.

Herac received an annual financial report from the Finance Department after only five days of his arrival at home.

After a year of financial statistics, Rockefell, head of the Finance Department, made the profits and losses of Lianmei Film Company clearly. At the end of each year or January of the New Year, each company will have their annual financial reports.

In the office of the chairman of United Film Company, Herac looked through Rockefells' financial reports on the company in 1965, and made very clear profits and losses.

Total revenue for the full year from January to December was $85.6 million, compared with $3.2 million in losses, totaling $82.4 million. Excluding low taxes and costs, United Film Company's net profit in 1965 was $42.4 million.

Just looking at this annual income performance, it is much higher than Lianmei's $35.6 million income in 1964.

It seems that the former chairman of Lianmei has made Lianmei Film Company's revenue reach US$35.6 million, but in addition to the loss of US$5.6 million and high tax revenue, the former chairman of Lianmei Film Company only made Lianmei Film Company's net profit income less than RMB5 million, so Letu's acquisition was successful.

With the low tax benefits brought by bank-holding companies, Herac does not have to do everything possible to avoid high taxes in the United States.

Comparison of these data sizes shows that after taking over, Herac took over, a series of actions that brought profitable revenue to Lianmei Film Company.

Before Herak took over in March, the United States had a movie called "007: Goldfinger" that was still on the rise. Due to the restrictions of traditional Hollywood rules, the box office share must be fully obtained after the movie was released. Therefore, the ex-new owner did not take away the $8 million box office share with the surrounding $4 million, which was cheaper, which was included in the annual financial statement.

In addition to the $12 million, the box office and peripheral share of "007's Goldfinger" is deducted from taxes, the $6 million in the US drama "Mission Impossible" and the $6.4 million in commercial advertising respectively.

In the financial statements, in addition to the revenue brought to Lianmei Film Company, the sales of the American TV series "Mission: Impossible" and Lianmei Film Curry brought US$18 million in revenue.

In addition to the revenue of commercial advertising and box office, a movie and TV series also has its peripheral sales that can bring rich revenue to the film company.

What's more, in addition to the original films produced by Lianmei Film Company, Curry also sold the copyright of the films and cartoons before the 1950s to associates. The products were acquired by Lianmei Film Company in 1958.

Therefore, United American film Curry also owns the copyright library of movies before Warner's 1950s. When Herak took over United American, he started the peripherals of these movies.

His decision only brought in excess of 18 million US dollars in revenue for United Films in addition to taxes.

When videotapes have not become mainstream, a movie's sales are only earned through peripherals and cartoon copies, commercial advertisements and TV broadcasting rights, except for box office.

Lianmei Film Company's net profit income seems to be quite good in this era, but this data is a slight witch compared to the three of Twentieth Century Fox, Columbia and MCA Universal Pictures.

Based on the number of movies and TV series broadcasts by the two companies, Herac speculates that their annual net profit revenue may reach more than $100 million, which is not much different between the two companies.

After all, the $100 million box office and TV business of "The Voice of Music" brought more than 200 million revenue to 200 million. Columbia Films' successive films and production of multiple TV series in 1965, which brought them rich revenue, and its net profit was only a little less than that of 2000 Fox. Following that Disney, which has not yet entered the top eight Hollywood, may also have a revenue of 30 to 40 million US dollars higher than that of United Films' net profit.

As for mca Universal Pictures, under the operation of new models of music, movies and stars, the net profit may also be more than 100 million US dollars in revenue.

Seeing the tax net profit income that was deducted by half, Herac felt a little sorry for the money that entered the Federal Taxation Bureau. He felt that in addition to the low taxes brought by bank-holding companies, there must be other ways to avoid taxes to offset the high federal taxes.

Just like the other six major film companies in Hollywood, they will try their best to avoid high taxes. There are many ways to do high taxes.

After all, the federal tax revenue has increased very quickly, perhaps now it is 7%, and maybe the tax revenue will be 20% in a few days, and the speed of increasing tax revenue is very fast.

After reading the financial statements, Herac put the financial statements back into the file and returned them to Rockefell for archives.

Chairman, this is the person to be fired by each department.

After Rockefys left, Terry Semer placed his desk with evidence of cleaning up and privately moving funds.

Herac picked up the list of cleaning up the list and the evidence list for their moving funds. Looking at the $20 million taken away from it, he suddenly felt a little pitiful to the previous bosses of United States.

Lianmei Film Company changed hands twice and was acquired by financial firms. They didn’t understand Hollywood rules, obviously all the senior executives below said what movie to make and how much money they needed. If they didn’t figure it out, they would just hand over the funds to them. There was no orthodox management model.

Just like after Sony acquires Colombia in the future, the first president he took office will greet more than half of the funds invested by Sony and put them in his pocket.

"They are all gone and all are fired. This evidence will not be released for the time being."

After reading the two orders, Herac said without hesitation.

"yes."

Terry Semer carefully picked up the two orders and turned around and walked out of the chairman's office.

The second day.

United Film Company's actions to expel senior executives and employees from the bottom have attracted the attention of some journalists and Hollywood people.

When these people were fired, new talents were replaced by them.

Of course, some people who are fired will be unwilling to lose their jobs and say things about Herac everywhere. As the seventh Hollywood National Congress, United States Film Company, who is very interested in these reporters will naturally report on this.

For these people, Herac directly asked Terry Semer to go out to the newspaper for evidence that they had privately moved the company's funds. Since they wanted to make the matter known to everyone in Hollywood, he would certainly not be polite.

As for their future development, it was not his business. Herac handed over the matter to Terry Semer, so he went to the production department to inquire about the progress of the filming team of "The Graduate".

This will be his first film directed in Hollywood, and he doesn't want any mistakes.

At this time, Pierre Bourle, the author of "Planet of the Apes", and his agent came to the door.
Chapter completed!