Xiami Music used to be a very excellent music listening software and was welcomed by many people at the time. However, with the development of the market, Xiami Music announced that it would officially cease operations on February 5, 2021. Many people expressed their sadness. , so why are music platforms starting to withdraw? Xiami Music is not making money, and the company cannot continue to operate. There are only two major domestic music platforms, TME and NetEase Cloud Music. The domestic music scene is in a downturn, causing many music platforms to withdraw from the market. 1. Xiami Music is not making money and the company cannot continue to operate, so it decided to close down.

Xiami Music was relatively popular at the beginning, but with the development of the Internet, the company has not kept up with the times. More and more users have gone to other music platforms. Xiami Music does not make money. Investment companies cannot continue to invest and can only stop operations, reduce losses, and switch to other aspects to make profits. 2. The only domestic music platforms left are TME and NetEase Cloud Music.

The only domestic music platforms left are TME’s music platform and NetEase Cloud Music. With the strong capital of its parent company, TME quickly cooperated with the world's three major record companies and obtained the copyrights of many singers. Other platforms do not have copyrights and cannot listen to the songs of favorite singers. TME can listen to more natural users. NetEase Cloud Music has many original singers, and the platform has attracted many humanistic users. Users are relatively loyal to NetEase Cloud Music. Therefore, there are only two major music platforms left on the market. 3. The downturn in the domestic music scene has led to many music platforms withdrawing from the market.

The decline of domestic music platforms is inseparable from the downturn in the music scene. Since the rapid development of the Internet, people's aesthetics have been impacted. Many low-cost music has occupied the market because of its wider audience, but these music In terms of aesthetics, they did not conform to the trend and were unable to lead the development of the music industry. Therefore, many music platforms eventually withdrew from the market.

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