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Nijisanji is a Temu wannabe selling useless drop shipped OEM IP vTuber Hello Kitty Shop style shit shit to their now 92% Fujoshi audience gooning over the guys merch and the few Lesbians and Bis that get it off to Elira,Mille,Enna,and Reimu
Guys don't buy this keychains and Stationary crap which is why 2/3 of the Audience that was Male bailing with Doki,Mint,Matara,and Michi didn't effect their Sales revenue at all as the 1/3 female audience at time bought all the crap...guys did the 21% percent Superchat Revenue and were the ones going to Live Concerts that Pomu,Selen, Nina,and Mika were part of (reason why Atlanta was packed for FantomThief and free Events like Doki's meet and greet has to turn people away)
What they did to Zion was Petty but cause Legal/compliance and grunt management is a bunch of Highschool and College Interns it's like breathing to them
What they did to Selen was also Petty and unfortunately it backfired as the Western Sponsers,Collab Partners,and Investors that got into VTubing Industry is originally from Esports and Gaming Spheres and 99.99% Dragoons as The Dokibid used to be a Esports League Team Member long before she became a vTuber and Artist Streaming on Twitch selling Emotes and Hololive Art at Conventions(as on she knows a lot of Sponsers and Collab Reps and Investors by first name basis cause her Team was a Sponsered Team and she had to rub elbows with the Sponsers and Investors
They were interested in Selen's vision of a vTuber League...that's main reason they were sticking around Nijisanji
Riku didn't find Investors asking abou plans after Selen's Termination unually, and Unfortunately, didn't tiptoe the Answer like he should have about them being shitty Merch company first,anyway
Billion dollar company comes Multimillion dollar company as all Dragoon Investors dump their stock so fast the Bottom falls out, All Western Sponsers and Collab Partners (Dragoons) pulled out(For context why Riku Publicly apologized to Investors and Sponsers for "Insulting Selen" ..which a lot of people found weird)
As of yet Nijisanji has no Western Sponsers,Collab Partners or Investors
As far as last Paragraph of Termination letter it looks like Selen won Business Entrustment Litigation for breach of Contract
Their denial of breech of Contract in forbidding Selen from making her MO content(Playing in Tournaments and Making Events) got messy with accusing her of shit and accidently throwing all of EN under the bus with the ESL sentence structure of Highschool interns in Legal/compliance denying they were harassing Selen(legal/compliance was up her as all 2023 cause she said ",fuck Nintendo" during a rant to chat while in a Tournament "...,so they benched her for all of 2023...sucking Nintendod dick mental no new Esports bros following Selen into Nijisanji to meet Vivi and Kunai, meant no New Esports Bros discovering new vRubers and their Angecues through Wrestletuner,Apex <insert year> or the Fallguys Clallange that got cut down to a Nijisanji event cause Nijisanji wouldn't allow other Agencies or Indies to be included
Nijisanji and many other vTubers and Agencies took a hit to their Superchats revenue in 2023 cause of that
An for all the bad things about "2%" I don't remember anyone saying they were never paid their Cuts pre dipping(them seeing Their plushies in a bin and Saying they got no money for those doesn't count as they were likely liquidated which is why obscure Anime Plushies are also in those machines at .25 yen a pop or whatever)