Chapter 462

The venue buzzed with murmured conversations, most people discussing the policy the Principal had given them.

Of course, this is an investment—meaning Chang'e Technology will also enjoy partial copyright, exclusive broadcasting rights, and revenue rights to whatever content they produce.

It's not that just because someone invests in you, they won't expect returns—it's not like that; the Principal is simply giving them a head start.

Everything is hard at the beginning; he's giving them a head start.

If there are losses, Chang'e Technology will accept them—investment always carries risk.

"We're not investing this money to control anyone or acquire anyone; you can rest easy. We're building a platform, not the evil capital you imagine. And Chang'e Technology currently owns no film or television production company, and will never acquire any in the future—we only cooperate, because cooperation leads to mutual gain," Fang Hong said convincingly.

Chang'e Technology won't acquire anyone, but Yutu will—yet Yutu and Chang'e are two separate companies, and Yutu is also a cooperation partner of Chang'e.

If only there were more people like this.

Fang Hong scanned the room, paused, then continued: "Yutu will still produce films and TV dramas, but from now on, only high-quality series—no low-quality web dramas. Films too—this entire web movie track is entirely yours."

Then, using these small workshops to drive the Qunyuan Lianmeng—formerly called the "group actor group," which sounded bad, now renamed the Qunyuan Lianmeng.

Peng Yusi in the crowd couldn't help but feel stirred.

Of course, Chang'e and Yutu must act as the helmsmen to steer this process—no one is so kind as to scatter white silver coins to the poor.

"The Principal truly wants to support us!"

"All novel and film/TV copyrights are fully open to them for re-creation—complete sharing; it benefits us."

"."

As long as the content they produce gets watched, they'll earn something—enough to make their first pot of gold, since many novels already have huge audiences.

Blockbusters like Tiny Times, Palace, Zhen Huan Zhuan, and Step by Step Heart-Pounding over the past few years were all adapted from novels.

Additionally, Yutu's copyrights like The Lost Tomb, Ghost Blows Out the Light, and The Three-Body Problem will all be opened for secondary and tertiary creations." Fang Hong's words were a bombshell.

Back then, Fang Hong had forced her to buy them; now their power was beginning to show.

Because starting this year, actor fees will skyrocket—whether for web dramas or broadcast TV series, all will skyrocket.

The Principal opening up Yutu's and Chang'e's copyrights gave them a huge surprise, paving their path smooth, simply so they could walk more steadily.

"At this point, someone might ask: Yutu is also a producer—won't it stop making dramas itself and just let us make them?"

They only need to plan, direct, write scripts—and then seek investment from Yutu and Chang'e to get started.

This means that when they adapt minor novels into film and TV, they're merely granted authorization—they don't own the copyright; the copyright still belongs to Chang'e Technology.

With this setup, Chang'e Video will never lack content, and will have the backbone to stand toe-to-toe with capital giants like BAT.

Of course, you can also buy exclusive adaptation rights for several years—detailed plans will be released after this; everything will follow market standards." Fang Hong held the microphone, looking at the sea of unfamiliar faces below.

"Let's go back and do it—shoot The Heirs' The Heirs Project!"

And adapting novels is already a trend.

Many of the copyrights for The Lost Tomb, Ghost Blows Out the Light, and The Three-Body Problem were bought years ago by Chen Zhixi's Five-Hundred-Million Copyright "Generational Break" plan.

But to fully dominate, you must make some small workshops dependent on Yutu and Chang'e's ecosystem—only then can you gain a voice.

This effectively blocked most small workshops from adapting content—only major film studios would qualify.

This stunned everyone present—not only were IPs open to them, but Yutu's production teams were open to them too.

We only cooperate with you—if you have good scripts, come to Yutu or Chang'e.

The audience below showed no reaction, waiting for the Principal's next point; whether or not acquisitions happened didn't concern them.

Fang Hong's words also carried another meaning: he was throwing out an olive branch to southern film companies like Huanrui and Huace.

Take so much, leave some for ordinary people—isn't that fair? If Fang Hong can realize his vision and blueprint, he'll have the leverage to bring down actor fees and pass the surplus to the lowest tier.

The Qunyuan Lianmeng currently has tens of thousands of members—Yutu can't absorb them all; many have no work, so expanding production scope is the only way to provide them employment.

Why did we even bother buying Shengda Literature back then? Now its power is quickly showing.

But some novels are fine—for example, urban stories and female-oriented romance novels—restrictions will be lowered for their adaptation.

The hall erupted again in thunderous applause—this applause was well deserved, because the Principal had given them too many benefits.

Fang Hong finished speaking, handed the microphone to a staff member, and returned to his seat.

The ultimate goal of this entire system is to let the rich lead the poor to prosperity.

Thunderous applause erupted below—clapping like rolling thunder.

"Damn, we don't even need to write scripts!" This treasure trove of literary resources saved them countless steps—novels could be adapted directly.

Fang Hong spoke again: "Of course, novel adaptations require certain qualifications. Authors work hard to write novels with large audiences—if you tamper recklessly, shoot nonsense, it's not allowed. This easily ruins the market—novel readers stop watching film and TV content. Who will you exploit then? To protect this market, you must meet a minimum investment threshold before we grant you adaptation rights. Whether you shoot well is your ability—but at least you must have sincerity and visuals."

But they had a question: do novel adaptations still qualify for the Original Work Fund? "You might ask: do novel adaptations still receive support from the Original Work Fund? I'll tell you—they do."

Fang Hong's words eased everyone's breaths—good, that was reassuring.

The Three-Body Problem's impact is still uncertain, but The Lost Tomb and Ghost Blows Out the Light still have massive influence—each story alone can be adapted into film or TV.

If they're not interested, Fang Hong will support them himself!

As long as money is provided, this market never lacks capital, nor creators—it's just a matter of who builds the better ecosystem.

And now that Shengda Literature has been acquired by Chang'e Technology, all of Shengda's decades of literary accumulation rests in Chang'e Technology's hands.

Many novels simply can't be adapted by small workshops—like xianxia and fantasy novels—these require real strength.

Fang Hong's move was to support small workshops as much as possible, so they create content for him—from literature to production to sales—forming a closed ecological loop.

Remember, Yutu's production team is full of elites, most of whom graduated from Beijing Film Academy.

Chang'e Technology already had its own female-oriented novels!

And every year since, they've spent hundreds of millions acquiring copyrights—there just weren't that many available, because years ago, copyrights were dirt cheap—tens of thousands, even hundreds of thousands of yuan could buy them.

Once an ecosystem exists, you must rely on it!

In the early stage, we won't charge you copyright fees—once revenue is generated, the production side and the novel platform split it 50-50; of course, adaptation rights still belong to the novel platform, and ultimate copyright remains with the author—you're merely licensed parties.

This gives both novel authors and film adaptation creators motivation.

"You're going to shock the audience to death!" "Hahaha!"

The support from the Original Fund doesn't require originality—if your adapted screenplay is good, you qualify equally.

Including Yutu's production team is also open to you; if you lack a production team, art, photography, Best Special Effects, or extras, Yutu can provide them all.

Salary Limit is useless—it only helps capital save money, and they don't need to save.

Stimulate employment for extras and increase their income.

"I'll stop here on IP openness—details, go find the specialists afterward. Now, let General Manager Zhang explain the final revenue-sharing model, which is open and transparent, with no fraud."

This caused everyone in the room to exchange glances—it had infinitely lowered the threshold to their success.

"General Manager Fang has truly given everyone a vast treasure trove of resources. I think we should applaud the Principal again," said Zhang Nan, visibly excited.

This triggered a continuous low murmur among the audience below, all astonished by the Principal's move.

It's essentially self-production and self-distribution, a self-circulating system.

That is clearly a vast literary treasure trove!

That means, besides Chang'e Technology, Yutu also holds a large number of novel copyrights and some game copyrights, such as "Ancient Sword: Fantasia."

You can also buy out adaptation rights for several years; after those years, rights revert back, and final ownership remains with the author.

It's still possible to reduce actor fees from these investments and transfer part of the profits to extras.

"Also, novel copyright IP development: Chang'e Technology's entire library of literary novel copyrights will be opened to the public—you may adapt them."

The quiet discussion below did not disturb Fang Hong's presentation.

"This is just one part—Yutu's film and television copyrights, including hit dramas like 'Partners' and 'You Are My Star,' will also be opened for IP adaptation, allowing you to create second and third adaptations."

Have them produce and provide content for Chang'e Video too—once you buy their novel copyrights, Chang'e Video gains broadcasting rights.

But Chang'e Video only holds adaptation rights; final ownership remains with the author.

It's essentially giving all film and television creators a treasure trove of resources—they no longer need to invent stories, but can directly adapt successful novels into film and television.

Yutu hasn't even filmed yet, and they've already opened it all up!

A fully integrated one-stop service.

"Thank you all. Next, I'll explain Chang'e Video's revenue-sharing model—I believe this is what you care about most," said Zhang Nan, as a PPT slide appeared on the massive LED screen behind her.

It read clearly: "Chang'e Video Online Revenue-Sharing Cooperation Model."

This was indeed the issue most concerning the guests—after investment and stories, of course they needed to know how to make money.

Any project that can't make money is a scam.

(End of Chapter)