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“The really staggering production costs at the major studios were not the salaries of the artists, but the Croesus-like bonuses handed out to executives at the end of each year. In the thirties an unbelievable 20–25 per cent of the net earnings of the majors went to remunerate a tiny handful of production chiefs, studio owners and New York executives.”
Ian Hamilton, Writers in Hollywood 1915-1951

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