In the office of the chairman of Letu Holdings Company, the only quiet voice of Herak reading the equity transfer book of United American Film Company was quiet. Neither Jin Jianfu nor Sterling Ford disturbed him. When Robert Duval began to look through the contract, he walked out of the office with rules and stayed outside at the assistant desk waiting for him.

The sudden rise of the TV industry in the 1950s caused the film industry to be impacted, and the audience attracted by movies gradually decreased. Except for Disney, the eight major Hollywood film companies were not affected, and the remaining seven major film giants were hit hard one after another, with the decrease in the volume of films and closing certain departments. At this time, the American film industry entered a period of depression and recession.

In the 1960s, Universal Pictures changed hands and became a subsidiary of MCA Music in the United States. When United States Film Company came to Herac, it replaced it twice. Warner Bros. Entertainment also sold 90% of its shares in 1956, but more than half of the shares were bought by Jack Warner, who was secretly acquired.

Although Letu holds 25% of the shares of Warner Bros. Entertainment and is the second largest shareholder, it seems to be a bit petty in front of Jack Warner, who holds 60% of the shares, and it cannot shake his right position at all.

The current Warner Bros. Entertainment's business is a large part of it that can be operated as long as it passes through the green light of Jack Warner alone. As the second largest shareholder, Sterlingford is probably not only one of the investors, but also a stumbling block that came out of the middle of the road. However, because of the benefits of holding a company, Sterlingford's team had to enter Warner, making him love and hate.

I'm afraid Jack Warner would never have thought that when he secretly bought the equity in the Warner board member's board of directors, he would have been the 6-year-old Herac at the time.

Thinking of Jack Warner's cunning old face, an old man with a strong desire to control, Herac browed and looked at the Lianmei Film Company that he had found, his frown relaxed.

Warner Bros. Entertainment was no longer involved, and it almost became Jack Warner's one-man show. Herac chose United Film Company in a second choice, which was also the film company that Sterlingford planned to enter the entertainment industry and handed over to him to manage.

Although Lianmei Film Company changed its owner twice, it did not bring any benefits. In the equity transfer contract, Herac suddenly saw that in addition to Lianmei Film Company's film distribution and production department, there was also the TV production department and two TV stations.

Seeing this, Herak looked up at Sterlingford with some confusion, "Father, these two TV stations are located in Brooklyn, Manhattan, New York and Channel 16 TV stations in Los Angeles."

It is now April 1965. You should know that the United States in the 1960s had not launched artificial communication satellites, and it was impossible to allow a TV station to cover the entire United States. The concept of super TV station has not yet appeared, and the cable TV network has just sprouted, so it can only increase users little by little.

Among the companies invested by Letu, Comcast, which is developing a cable TV network, has no help from artificial communication satellites, but it has no help to Herac. As for continuing to acquire other TV stations, Herac does not intend to ask Sterlingford to help him, nor does he think about expanding the TV station now.

"TV is very profitable now. I will ask my assistant to send the analysis report to you home later."

Sterlingford didn't explain much, just one sentence to explain a lot, his tone paused and said earnestly: "The company has given it to you. What will happen in the future depends on your own management."

Herak was slightly stunned, and he knew it in his heart as he looked at Sterlingford showing a kind and encouraging look at him.

As the chairman of Letu Holdings, there is naturally a team and an accountant behind Sterlingford to help analyze the development of Lianmei Film Company and Hollywood. If Herac wants to enter the entertainment industry, Sterlingford will fulfill his son's wish. Whether the Lianmei Film Company can make money afterward depends on whether the six years of internships with him have been wasted.

Herac threw the TV station's affairs aside and looked through pages. The equity transfer contract also included the United States Film Copyright Library and the old copyright library sold by Warner to United in the 1950s. The copyright of the 007 series, which was famous in the 1960s, is also included.

The only thing that made Herac dissatisfied and surprised was the last page. What was surprised was that this contract included the United American Theater, which had been divested after the Paramount Act, was obviously acquired in this transfer contract. The dissatisfied was that only 10% of the cinema chains existed, and the others were distribution channels for signing contracts with cinemas. Now the owner has been replaced with Letu, and those cinemas may have to sign another contract for these contracts.

The cinema chains in the hands of the other seven major Hollywood film companies are at least fifteen percent, which makes Herac suddenly look a little jealous but helpless.

The total assets of Letu's holding company have been 1.2 billion US dollars in 25 years, and Sterlingford's personal income is 300 million US dollars. For Herac's dream, he generously took out $100 million from his bag to help him acquire United Film Company and invest $20 million to run the company. It's very good for his son. Herac does not intend to always rely on Sterlingford's funding to maintain United Film Company in the future. This is a pity for his identity as a reborn person, and for the training of his assistant when he arranged for him to be an intern in Warner as a producer in the past four years.

After reading the contract, Herac found that his name was signed, which made Herac look at Sterlingford in his heart and his father...

Sterlingford waved his hand and let Herac swallow the words from behind back into his throat. His face was serious and he said in a business manner: "Herak, from now on, you will be the chairman of Lianmei Film Company. The company's capital transfer will be independently outside of Letu's holding company. You and Lianmei Film Company's Finance Department will properly solve the problem. If the business is not done well, I will take back your real power and sell the film company. I heard that it is not."

"I will, and I won't give you a chance to take back the company, my father."

Infected by Sterlingford, Herac straightened his back slightly and said with a serious expression;

Seeing that Herac understood his words, Sterlingford smiled, thought of the important things, got up and walked to his desk, took out a document from the drawer and placed it in front of Herac.

"What's this."
Chapter completed!