There is no relationship between lack of copyright and bankruptcy. Kugou is owned by Tencent. Tencent has invested a lot in this area now, and the number of users is still so large, so it will not go bankrupt. However, copyright issues are getting more and more attention now. Not only Kugou, but also other music software have begun to charge fees. Many companies buy copyrights outright, so many musicians who are interested in profit will naturally only sell to one company. So I have the copyright for so many songs.