It's not surprising that Ma Dou Media has gone bankrupt. The actors are all covered in tattoos and look like amateurs, lacking a genuine wholesome vibe. The plot quality is poor, making it awkward and distracting. Piracy is rampant, and the economic downturn has led to a decline in willingness to pay, preventing a healthy financial cycle. Announcing bankruptcy now is a smart move—early exit to cut losses. Otherwise, with their current quality, they won't survive in a few years and will be replaced by AI.