Isn't relocating a regular operation?
Every software emerging in the beginning is accompanied by a lot of infringement.
No infringement means no play.
For example, the current Bilibili, you can see any TV show on it, plus the internet copyright of TV shows isn't perfected yet, so... they acquire content at zero cost.
In a few years, when copyright is perfected, they will take down a bunch of TV shows.
At the end of the year, Douyin will do the same, simply transporting TV shows and movies, and it won't tackle related infringement until the end of 2019.
Live Diary was funded by Li Yang, initially borrowing some resources from Mouyu, ultimately he paid 130 million, and Xiangnu paid 30 million.
Li Yang holds 75% of the shares, Xiangnu holds 25%, forming an independent entity.
Xiangnu continues to serve as the chairman of Live Diary.
Li Yang embarked on his path of mortgage.
