socalfunplaces Chapter 290: Joint litigation
Chapter 290: Joint litigation
Chapter 290 - Joint litigationMyles felt mentally exhausted. He was the CEO, and this company was his creation, yet he couldn't seem to assert absolute authority.
As he watched the shareholders arguing below, Myles simply closed his eyes slightly.
The shareholders believed they could develop a game console as well. With the gaming console business booming, many industries had stated that entering the gaming business meant steady profits.
Whether producing good games or trash ones, there were always consumers willing to pay.
However, trash games often had poor reputations and might only make quick money before disappearing, not to mention occasional suppression from GameStar Entertainment.
But their company, RedFruit, had strong technical capabilities. Developing a powerful gaming console and then leading the team to develop some high-quality games wouldn't be too difficult. This kind of lucrative business shouldn't be abandoned.
However, Myles Case insisted on not wanting to venture into the gaming console business. It wasn't because he thought the business was bad; he saw it very clearly. Currently, the electronic gaming market was dominated by GameStar Entertainment. Joining now would mean making a quick buck and wasting time.
Instead of wasting time in this area, why not find a way to explore new markets and become the leader in new industries?
Compared to the former, the latter was more attractive to Myles.
However, the shareholders were primarily focused on making money.
He began to regret allowing too many investors to invest in the company during its development stage.
At the time, for rapid expansion, he hadn't considered the influence these investors would have on his future.
The company did indeed grow rapidly, but his power had been divided up quite a bit.
Then he thought of GameStar Entertainment again.
That company didn't need to worry about such matters at all.
That company was very pure, with hardly anyone capable of influencing Takayuki's will.
His idea was the company's development plan as a whole. If possible, he really wanted to develop in a company like that.
But if he went to such a company, he would probably still be forced to change his mindset by determined people like Takayuki, which was something he didn't want to see.
Sighing, Myles looked at the shareholders below and became somewhat angry: "I just want to know now, who is the CEO, who is the person who can lead the company's development?!"
The sudden shout immediately quieted the shareholders, who looked somewhat surprised at Myles on the stage.
It wasn't wise to address shareholders like this face to face.
But with Myles's personality, he was indeed capable of doing such a thing. Myles wasn't a good-tempered person; he was a bit paranoid. If shareholders wanted to influence his will, Myles also wanted to force the shareholders to accept his thoughts.
"My decision is to develop the personal mobile phone business. Does anyone oppose?"
They looked at each other and remained silent, not saying anything more.
"Very well, then it's settled. I will lead the team to enter the field of mobile phones next. I hope you won't interfere with me."
"Um." A shareholder raised his hand. "I want to ask, how long do you plan to re
The initial reason was that GameStar Entertainment's rapid expansion had affected the sales of many electronic products, leaving those electronic product companies dissatisfied.
Then GameStar Entertainment began aggressively eliminating trash game companies, stirring up another wave of hatred.
Finally, what sparked the joint lawsuit was the impact on the film and television industry.
GameStar Entertainment had proven its strength through its game engine, allowing it to shine in the film and television industry as well.
As a result, some bosses in the film and television industry lost face. There were quite a few upstarts in the film and television industry, and they valued face more than making money. Being made to lose face by Takayuki's gamble made them unable to swallow their pride.
In the end, these parties agreed to prepare the necessary materials to launch a joint lawsuit against GameStar Entertainment.
The content of the lawsuit... was varied, ranging from industry monopolies to patent monopolies, technological monopolies, and shameless industry suppression, all aimed at making life difficult for GameStar Entertainment.
"This is very interesting. Can we join?"
One of the shareholders asked eagerly.
RedFruit Company should also be considered a victim. If they could join and contribute some money, they could pursue the lawsuit together.
"Of course, I've already started making contacts."
"Great, count us in. It's high time someone put GameStar Entertainment in their place. The problem is this guy doesn't know how good he's got it, he even refuses our investment."
"That's right. But then again, what do you think of Myles's mobile phone business?"
"I'm not optimistic. Actually, I think Myles should step down. The computer business he recommended before has ended up like this. His responsibility is the greatest. We should consider letting a new, obedient guy take over as CEO."
"That's what I think too..."
"So do I..."
Several major shareholders quietly contacted each other, already planning to kick Myles out and take over the company that originally belonged to him.