The Music Station, which was the first in China to tap the business opportunities of idol economy, has recently fallen into a crisis of heavy debts.

Kunyin Entertainment issued a solemn statement in Weibo, claiming that more than 6, albums of artists of this company that it entrusted Yinyuetai to sell as an agent had not been settled for any expenses even though Yinyuetai had obtained all the corresponding sales funds.

According to Zhang Dou, the founder and actual controller of Yinyuetai, the fund of RMB 1.164 million owed to Kunyin Entertainment has been used for other purposes. At the same time, because Yinyuetai has not settled the fee for the logistics company, some fans have not received the album yet.

from suppliers, logistics to end users, Yinyuetai's liabilities run through the entire industrial chain of the upper, middle and lower reaches of the music content industry, attracting many dissatisfaction. Besides Kunyin Entertainment, a content provider, fans have left messages under Weibo of Yinyue Station, asking them to pay back the money.

however, five years ago, at the second V-List Festival of Yinyuetai, TFboys, a popular small fresh meat men's group, Joker Xue, who came back after years of silence, and popular singers JJ Lin and CNblue were all guests.

A few years ago, the award ceremony of "Music V List" was once a feast of rice circles, and Yinyuetai was an important place for many fans to enhance the exposure of stars. However, with the rise of Netease cloud music, QQ music, cool music, etc., and the popularity of mobile apps, the way of music communication has become more flat, and the role of V-list has begun to be weakened.

at the same time, with the enhancement of copyright awareness in China, the beautiful days when Yinyue Station uploaded pirated MV by users are gone forever.