Zhang Zhiyuan: The record companies have finally hit Baidu's weak point.

On June 3, the three major associations at home and abroad - the Chinese Music Copyright Association (MCSC), the Chinese Audio-Video Copyright Association (CAVCA) and the International Federation of the Phonographic Industry (IFPI) jointly issued a statement with domestic and overseas record companies and music publishing companies. The statement called on all enterprises and advertisers to express their respect for copyrights in actual actions and resist Baidu's infringement and piracy. According to incomplete statistics, the musical content involved of these record companies has included more than 80% of the Chinese music content and the majority of international mainstream music.