Chinese short video start-up Kuaishou in Beijing Photo: VCG
China Audio-video Copyright Association made an announcement on Monday demanding short video app Kuaishou remove 10,000 video clips on the platform that are subject to copyright infringement.
"The association recently commissioned the 12426 Copyright Monitoring Center to monitor audio products that are managed by the association but used by Kuaishou without permission and found out that about 155 million videos on Kuaishou infringed our copyright," the association said in a statement on its website.
To maintain the interests of its members, the association has notified Kuaishou on Monday to remove the first batch of 10,000 videos that are involved in copyright infringement, and has asked the internet platform to stop infringement and to check the copyright of background music for its videos.
Kuaishou didn't immediately reply when contacted by the Global Times on Monday.
The incident came as Kuaishou aims to raise around HK$42 billion ($5.4 billion) in its upcoming mega IPO in Hong Kong.
Media reports said that Kuaishou wrapped up its share booking on Friday, with the final offer price at HK$115 per share, making the company worth $60.9 billion. It's scheduled to debut on Hong Kong stock exchange this Friday. It's expected to be the largest IPO in China since the $13 billion raised by Alibaba Group Holding in November 2019.