Daenerys Entertainment invested a large amount of money in film production, promotion and copyright procurement last year. Films such as "Rain Man" and "Dead Poets Society" did not bring returns to the company before December 31, 1988.

, the income from various films under New World Entertainment is also very meager.

Excluding various costs and taxes, the net profit of Daenerys Entertainment's film business is only US$67.72 million.

In comparison, the TV business run by Robert Iger has revenue of US$361 million, of which "Who Will Be a Millionaire" alone contributed US$196 million. Other reality shows such as "Survivor" and New World Entertainment

The remaining TV series projects such as "The Age of Innocence" have brought in good profits.

Due to the ultra-high profit margin of "Who Will Be a Millionaire", out of the revenue of US$361 million, after excluding all costs, the net profit of the TV business unit is still as high as US$165.75 million.

Finally, the Marvel Entertainment comics business, which Simon specifically requested to be accounted for separately, had annual revenue of US$71.32 million and a net profit of US$5.26 million.

In fact, since 1975, Marvel has maintained a stable profit state under the management of Stan Lee and James Gold.

Although the North American comic industry has continued to shrink in recent years, and Marvel's net profit margin of less than 10% also seems a bit low, if it had not been for the bankruptcy liquidation of Marvel's parent company Candace Industrial Holdings Group in 1986, this comic company would not have been easily

Sold.

Therefore, after all calculations, Daenerys Entertainment Group's full-year net profit in 1988 reached US$238.73 million.

Net profit of 238.73 million U.S. dollars. Not to mention the second- and third-tier Hollywood film companies, even among the seven major studios, only Warner, Paramount and Disney can exceed this figure. Among them, Warner calculates the entire Warner

The performance of the brothers, not just Warner Bros. Pictures.

As for the rest, Columbia and MGM suffered losses last year, and Universal only had "Brothers and Dragons" at the end of last year to support its film performance in the past two years. The entire MCA Group's profit in 1988 was less than 200 million U.S. dollars. Barry Dee

Le's business focus has been on expanding the television network, while Fox Studios is barely maintaining it.

In fact, the current situation is not because of the lack of strength of Hollywood studios, but mainly because of the outstanding performance of Daenerys Entertainment.

Even if it expands to other corporate fields in North America, according to Forbes' revenue and profit data of the top 500 American companies, the statistics for 1988 have not yet been completed. However, referring to 1987, Daenerys Entertainment's profit scale of US$238 million is enough to squeeze into North America.

Top 70 on the local top 500 list.

In this era, except for Ford Motor, General Electric and a few other companies, the profit scale can reach the 1 billion level. More than 95% of the companies on the North American Top 500 list have annual profits of less than 1 billion US dollars, and net profits exceed 1 billion US dollars.

There are only about 150 companies worth US$100 million.

Therefore, when this financial data was released that would definitely make too many people jealous, several senior executives of Daenerys Entertainment unanimously decided to keep it as secret as possible.

There have been various speculations about Daenerys Entertainment's profit scale in 1988, and most of the media's analyzes have been very accurate.

However, just like many well-known secrets in Hollywood, as long as a star does not come out publicly, no matter how many traces prove that he is gay, fans who are often reluctant to face reality are still happy to believe that this is not the case.
Chapter completed!