In the wake of the international success of Alexander Korda's The Private Life of Henry VIII (1933) Schach secured financial backing from the City of London who wanted to invest in the growing British film industry.
He oversaw a series of independent film companies which made large-budget productions aimed at international markets.
Many of his films employed fellow European exiles from the Nazis, including Fritz Kortner and Richard Tauber and Karl Grune.
[1] While some of the films such as Abdul the Damned (1934) made money, a lot struggled to recover their large budgets.
While Alexander Korda was widely blamed for his extravagance at Denham Studios, historian Rachael Low believes that Schach and his associates were more responsible.