Core Viewpoint - The article highlights the risks associated with signing contracts with MCN (Multi-Channel Network) agencies for aspiring live streamers, particularly focusing on exorbitant penalty fees that can lead to significant financial burdens for the streamers [2][3][7]. Group 1: Recruitment and Contracts - Many MCN agencies are advertising high salaries to attract new streamers, but these offers often come with hidden traps in the contracts [2][8]. - A case study of a streamer named Chen Qi reveals that despite being promised a monthly income of 40,000 to 50,000 yuan, she earned only 200 yuan in 12 days of streaming, while being required to pay a penalty of 20,000 yuan for breaking the contract [9][10]. - Contracts often stipulate that the penalty for breach can be as high as eight times the total earnings of the streamer, creating a significant risk for those who do not meet performance expectations [7][15]. Group 2: Legal Issues and Penalties - Streamers have reported facing legal actions for high penalty fees, with one case involving a streamer being sued for 500,000 yuan due to a breach of contract after the platform ceased operations [21][26]. - The article discusses how some contracts include vague terms that can lead to severe penalties, such as requiring the streamer to pay back multiple times their earnings if they fail to meet certain conditions [12][17]. - Legal experts indicate that many MCN agencies employ unfair practices, including misleading promises and excessive penalties, particularly targeting inexperienced individuals like students [34][35]. Group 3: Recommendations for Streamers - Streamers are advised to thoroughly read contracts, paying close attention to fine print and hidden clauses that may impose unreasonable obligations or penalties [29][35]. - It is recommended that streamers seek written confirmation of any promises made by MCN agencies and maintain records of all communications related to their contracts [35]. - The article emphasizes the importance of understanding the competitive nature of the industry and the potential for contracts to undermine a streamer's hard-earned reputation and financial stability [35].