Guangxian Media Chairman Wang Changtian: Copyright authorization and derivative product revenue will become the main survival model for film companies in the future.

On April 17, the 16th Beijing International Film Festival Industry Forum was held. Wang Changtian, Chairman of Enlight Media, stated that copyright authorization and revenue from derivative products are a large part of film revenue, and this will also become the main survival mode for Chinese film companies in the future. Regarding the relationship between film and IP creation, Wang Changtian believes that innovation, imagination, and aesthetic ability are still the core competitive strengths; without good content imagination and creativity, good IP cannot be created.