The film industry plays an important role in copyright protection, because copyright is very important to the film industry. Film is a big investment, high risk, big production industry, so its copyright management and protection, in fact, become a cash cow for many film companies, or safety valve. At present, the proportion of annual input or output in most of the film companies'statements may be about one third of copyright revenue, and 50%, 60% or more of the total profits of some companies. So copyright is really a cash cow for film companies.
Chinese movies in 2003 were a low point in the history of Chinese movies. At that time, the box office of Chinese movies was less than 1 billion, and the number of audiences was more than 570 million. So these American film entrepreneurs don't talk to you about movies and markets, they just talk to you about copyright protection. So many years later, we also have frequent exchanges with senior executives of American companies. Now we are talking more about how to cooperate with Chinese movies, how to enter the Chinese film market, or that they put entering the Chinese film market in a higher position to cooperate with Chinese movies. Few people are entangling with you about piracy and piracy. From my experience, it has been proved that the protection of intellectual property rights in China is getting better and better, the reputation is getting better and better, and the interests of enterprises are getting better and better.
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