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Niji Sanji Downfall and Its Implications

Jul 25, 2024

Notes on Niji Sanji's Downfall

Overview of Niji Sanji

  • Niji Sanji is a VTuber organization.
  • Received media attention for controversial workplace culture.

Key Events

  • Initial Success at the Start of the Year:
    • High stock prices but poor work culture.
    • One VTuber attempted suicide due to toxic culture.
  • Response to Crisis:
    • Termination of the VTuber involved rather than addressing workplace issues.
    • Company claimed the financial fallout would be negligible, which was a poor public relations move.

Issues with VTuber Ownership

  • Many VTubers are essentially owned by their organizations.
  • Organizations hold the rights to their character's IP and content, which raises concerns regarding autonomy and the potential for exploitation.

Stock and Reputation Decline

  • Initial stock price decrease followed by attempts at recovery.
  • Public Humiliation:
    • Negative publicity surrounding management practices and workplace culture harmed recruitment and public perception.

Industry Comparisons

  • Niji Sanji compared to Blizzard for toxic work environment.
  • Market comparisons suggest Niji Sanji is lagging behind competitors like Hololive, which is better received due to perceived positive work culture.

Anime Expo 2024 Presentation Plans

  • Planned concerts for July 6th and 7th showcasing English and Japanese talents.
    • Tickets were not selling well, raising questions about their appeal.
  • Cancellation of Concerts:
    • Concerts were cancelled as tickets failed to sell, leading to a financial loss and disappointment for fans.
    • Fans were left frustrated, particularly those who booked flights and accommodations specifically for the concerts.

Social Media & Public Reaction

  • Fans expressed loud disappointment on social media.
  • The situation was so embarrassing that people made jokes about the empty booths at Anime Expo.
  • Comparison with Hololive’s Event:
    • Hololive hosted a successful event that drew large crowds, in contrast to Niji Sanji’s nearly empty booth at the Expo.

Conclusion

  • Niji Sanji's failure to attract audiences represents a significant drop in their market position.
  • As the VTuber market shifts towards competitors who foster better environments for talent, Niji Sanji faces challenges in reputation repair and market recovery.
  • Going forward, its recovery hinges on changing public perception and addressing workplace culture issues.