Monster 9 bankrupcty implications

[arsenette]

This is a thread to discuss the implications of the Monster 9 Bankrupcty that's been discussed on this thread: sasukemaniac.proboards.com/index.cgi?board=general&action=display&thread=3965

Nov 14, 2011 13:24:05 GMT -5 lhii789 said:

Sad news.
This is a final nail in the coffin for SASUKE.
I wonder what's going to happen to sasukefan.com?
Also, what's going to happen for ANW4?
I wonder if they are going to make Boot Camp as "Final" and call it a day.

Hmm good questions.

Sasukefan/Ninjafan so far hasn't done anything in the past several months. I figured when that was going belly up it was obvious the last straw broke the camel's back. I honestly don't see that ever coming to fruitiion now as that is not a money generator in the first place.

ANW4 I expect will be next summer as discussed. Comcast might have to do massive changes to the format or just stop at Boot. I see an ANW4 happening but it might not be the same with it not being tied to Sasuke.

That said we are still not sure what will happen to Sasuke. I don't know the bankruptcy laws in Japan so I am unsure if they have reorganization clauses. If they filed for bankruptcy and they have no reorganization clause they cannot do a Sasuke without defaulting. We'll have to wait and see what happens and if we find out exactly if they did reorganization or if there is such a thing in Japanese law. Given the amount of money they are defaulting on.. I honestly don't believe M9 can come back. They have nothing left to fall back on or even produce.

[TCM]

Assuming 27 is the last, that might be a big problem for ANW4. Will they suffer a massive drop in turnout when people find out there's no Sasuke grand prize? You can't really add a price to that. And beating the ANW course + Boot damn sure doesn't qualify for a $500,000 grand prize, you'd have trouble with certain 5-figure prizes as well unless the difficulty is ramped to 11.

[arsenette]

Nov 14, 2011 14:40:00 GMT -5 TCM said:

Assuming 27 is the last, that might be a big problem for ANW4. Will they suffer a massive drop in turnout when people find out there's no Sasuke grand prize? You can't really add a price to that. And beating the ANW course + Boot damn sure doesn't qualify for a $500,000 grand prize, you'd have trouble with certain 5-figure prizes as well unless the difficulty is ramped to 11.

Been saying that all along assuming that Sasuke is done now. If Sasuke is NOT part of the ANW equation (so far it seems very possible right now that it's not) then ANW has to change formats to survive. They might not.. this is Comcast we are talking about.. They still think people like Boot.. Given their dismal numbers from ANW3 (especially the G4 numbers) it's possible they might change the format. If NBC is still involved.. they really have to change as the ANW3 broadcast on NBC was Sasuke's course.. and before anyone says it.. TBS will not produce a Sasuke course just for the Americans on that lot. For that amount of money they will just invite everyone else and do Sasuke 28.

Sasuke Malaysia already had to change gears this season. The original rumor was Sasuke during the New year then that stopped.. then they had a trials for top 3 going to SM2 next year (May). Taiwan is having a small trials thing (that Lee is running) not at all connected to Sasuke 28.

Having NW27 airing in March is also not helping matters but that's another story.

[RiderLeangle]

Knowing G4... The best case scenario we can get is that Qualifier and Semis continue as normal and that they set up a whole real course out in the mountains where they filmed the boot camp, They have the space and can probably rig something together with the money they saved by not sending 10 people + crew to Japan and their hotel stays...

And knowing G4... It's still going to be flawed as f***... But without Monster9, that's all we can really pray for... (Well... Besides Yuuji investing both his wins into at least getting M9 out of the red (I doubt he still has all 4 million yen he won but that part wasn't exactly 100% serious)

[arsenette]

Also depends who the ANW sponsor is as well.. so far we have had 3 ANWs and 3 completely different sponsors.. we have no idea if K-Swiss jumped ship or not..

[whothehellami]

Nov 14, 2011 14:40:00 GMT -5 TCM said:

Assuming 27 is the last, that might be a big problem for ANW4. Will they suffer a massive drop in turnout when people find out there's no Sasuke grand prize? You can't really add a price to that. And beating the ANW course + Boot damn sure doesn't qualify for a $500,000 grand prize, you'd have trouble with certain 5-figure prizes as well unless the difficulty is ramped to 11.

just so you know every obstacle in the US was MUCH harder than its Japanese counterpart, except for the UCH

[TCM]

My point was that while a company like K-Swiss was willing to give $500,000 for beating Sasuke, I would doubt they would for a competition that was ultimately a trials unless changed dramatically.

[RiderLeangle]

Nov 14, 2011 22:04:59 GMT -5 whothehellami said:

Nov 14, 2011 14:40:00 GMT -5 TCM said:

Assuming 27 is the last, that might be a big problem for ANW4. Will they suffer a massive drop in turnout when people find out there's no Sasuke grand prize? You can't really add a price to that. And beating the ANW course + Boot damn sure doesn't qualify for a $500,000 grand prize, you'd have trouble with certain 5-figure prizes as well unless the difficulty is ramped to 11.

just so you know every obstacle in the US was MUCH harder than its Japanese counterpart, except for the UCH

I think me means the whole course a a whole. Because while yes the boot camp obstacles are tougher, just having those does not equal a whole Sasuke course

[arsenette]

I think the bigger issue of format is that the sponsors that came up with that cash (ANW2 and ANW3) focused their prize money on the Sasuke course where there isn't a guaranteed winner vs the ANW3 format (prelims (30) , semi's (15) and Boot by it's design has 10 winners going to Japan. Something in that equation has to change.. or should it? If there is prize money still offered that will change the format IMO. (Feel free to discuss possible formats in another thread as I'm really curious to see people's ideas on how that can happen).

[Badalight]

Nov 14, 2011 22:04:59 GMT -5 whothehellami said:

Nov 14, 2011 14:40:00 GMT -5 TCM said:

Assuming 27 is the last, that might be a big problem for ANW4. Will they suffer a massive drop in turnout when people find out there's no Sasuke grand prize? You can't really add a price to that. And beating the ANW course + Boot damn sure doesn't qualify for a $500,000 grand prize, you'd have trouble with certain 5-figure prizes as well unless the difficulty is ramped to 11.

just so you know every obstacle in the US was MUCH harder than its Japanese counterpart, except for the UCH

Even the jumping spider and salmon ladder?

[RiderLeangle]

Nov 14, 2011 22:35:17 GMT -5 Badalight said:

Nov 14, 2011 22:04:59 GMT -5 whothehellami said:

just so you know every obstacle in the US was MUCH harder than its Japanese counterpart, except for the UCH

Even the jumping spider and salmon ladder?

I think he meant the Boot Camp obstacles. And I don't know, their DSL always seemed easier, I'll let James (Or David, or Strat, or whoever else was there) speak on that thought since he has experience on both

[arsenette]

I think the bigger issue that Ube is pointing out.. is that even if they liquidate their assets.. the obstacles will not pay off the $46 million dollar debt..

[Christopher Layne]

As I posted in the other thread, Yamamoto-san seemed a bit more hopeful tonight on Facebook. Another friend asked if Sasuke was over and he responded that it likely was. but that he had not given up hope.

Probably doesn't mean much, as even the all-stars don't know any more at this point than we do, but if they are still holding out hope, I suppose we should as well.

I prodded him for a few more details via PM. If I get a response, I'll post an update.

[baronbk]

The boot camp DSL was easier for the most part. You didn't have to go up as many rungs, plus the rungs were 11" apart, I think the gap between the two was slightly smaller, and the safety weight system pulled the bar up. However, the bar getting pulled up also made it harder if you had ever practiced on a free bar salmon ladder.

[arsenette]

Still doesn't answer how ANW is going to proceed from here. We've discussed before the difficulty of boot vs. Sasuke but it doesn't pertain to this subject per se.

[SRW]

Stickman sasuke will live on though!

[watchingtv]

^ I doubt all that's going to fit in there.

[RiderLeangle]

That's not going to fit at Venice Beach... Maybe if they're lucky they can set that up in the mountains that they film Boot Camp at

[lostinube]

Note: I am not a lawyer.

If you're not following the other thread, I'll update part here: M9's bankruptcy is of the liquidation kind. It will be no reorganizing.

The obstacles themselves would probably be part of M9's assets and as such, can't be touched until everything is decided.

For that matter, as I noted before, what happens to intellectual property during bankruptcy proceedings is a fairly new idea. If the specific names and designs of the obstacles are in fact the IP of M9 they can't be rebuilt until everything is settled because it may potentially be taking away from the money that will be needed to pay back the investors.

The December filing date is mainly for the investors to say what M9 owes them with the meeting in March to decide how to proceed from there. Since the only ongoing concern of M9's was the Muscle Musical (which was planning to come back in October until that idea was scrapped) the whole company was probably shut down wholesale and nothing will happen until next year.

If ANW and SASUKE Malaysia continues, they will probably have to do so without using the SASUKE name at all.

[arsenette]

Nov 15, 2011 23:20:48 GMT -5 lostinube said:

If ANW and SASUKE Malaysia continues, they will probably have to do so without using the SASUKE name at all.

Thanks Ube. SM has a small "challenge" coming up next week which is a trials for the .. er.. SM trials.. LOL This came out of nowhere and we couldn't figure out why it wasn't tied to 28 other than "they weren't ready".. so now we know why. The SM thing next week is top 3 to Sasuke Malaysia 2 in May back in the same place it was last year tied to Belia event that Nagano went to. From all reports last year.. ANW4 always scheduled to be during the summer and even the end of the ANW3 on NBC they said "see you next year". So I'm sure there's a lot of scrambling going on and then a huge wait until March when that first meeting is to take place.

The thing in Taiwan wasn't ever tied to Sasuke as the first one wasn't. They plan to do it again without tied to Sasuke just to have fun.

Appreciate the update so far. btw.. guys.. keep ANW4 prediction things like that list to the ANW4 thread created for the same purpose.. I hate when things duplicate themselves unnecessarily.