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Extraordinary Genius Chapter 1058

Chapter 1062 - High Compensation

Aiwa and the Recording Industry Association of America’s first court appearance had ended. Both sides had produced evidence backing up their case, and the jury cannot decide on the judgment.

In the end, the judge ordered a deferment and a second session.

When Heitaro Nakajima walks out of the court, he was surrounded by the reporters arranged by Kameda Masao.

“Mr. Heitaro Nakajima, do you all admit that you all had infringed the intellectual property rights of those songs?”

“Mr. Heitaro Nakajima, what do you have to say about this lawsuit?”

“Mr. Heitaro Nakajima, I heard that you did not say much during the trial. Is it that you had admitted to the charges?”

……

The reporters jostled for space and pushed their microphones in Heitaro Nakajima’s face. Heitaro Nakajima stood on the steps and smiled to those reporters. He took a glance at another group of reporters interviewing the representative from the Recording Industry Association of America. As for the reporters’ question, he had prepared all the answers.

“Let me reply to all your questions. Our product had not infringed any intellectual property rights. I don’t have anything to say is because the evidence provided by the other party is a joke. I am afraid I burst out laughing in court, and the judge will charge me for contempt of court…”

On the other side, the representative from the Recording Industry Association of America is speaking to the reporters. He claimed that they have evidence and the importance of intellectual property rights. He also claims that Heitaro Nakajima’s lawyer is twisting the facts.

The next day, all major newspapers and some TV stations in the US reported about this lawsuit. On the internet, news about this lawsuit spread faster.

Usually, such cases will not spread so fast, as many lawsuits are ongoing every day.

This had something to do with Kameda Masao. Kameda Masao had arranged for people to spread about this lawsuit.

In the West, the jury will vote and decide on the outcome of the lawsuits. They felt the jury members were randomly selected from different walks of life, and it will be fair to both parties.

But the jury members were often influenced by the media, and this system is not really fair.

The wealthy will have an advantage over the poor, as the wealthy can hire a team of lawyers, while the poor might not even afford a lawyer. With money, one can make use of the media and people to influence the jury.

Even if the rich lose the lawsuit, he can afford to appeal against the judgment.

Now, both parties had gone to the media to influence the jury. The Recording Industry Association of America is demanding compensation. They want 20 USD for every MP3 player sold to compensate for their losses.

This is daylight robbery!

I bought a fishing rod, and I must pay for your losses in your fish pond!? Just because you suspect I used my fishing rod for fishing at your pond, and you want me to compensate you?! What rubbish?!

Aiwa’s legal team insists Aiwa is innocent and wants to sue the Recording Industry Association of America for slander. Not only the Recording Industry Association of America must make a public apology, but they must also compensate for the damages to Aiwa’s brand image, reputation, and monetary losses. Aiwa is demanding 100 million USD damages!

Of course, Aiwa knows that they can never get 100 million USD. Basically, Aiwa had suffered no losses, as their MP3 player sales shot up.

As for brand image and reputation, no one thinks Aiwa is in the wrong. Furthermore, a public apology is a big deal in the US.

In the US, people felt that God will forgive you if you repent sincerely. That’s why if Aiwa won the lawsuit, they could get a public apology, but it’s hard to get the damages.

When Feng Yu arrived in the US, someone asked about his religion. Don’t tell me that the Chinese do not have religions?!

People make it sound like it is a sin, and he will go to hell for not having any religions!

Many people in the US tried to get Feng Yu into their religion. They claimed that their almighty God will take care of him, etc.

Damn! If God is really so powerful, why are there so many crimes in this world? Why didn’t God stop them? You all said that if you repent to God, God will forgive you. Does that mean nothing will happen to me if I beat you up now and repent later?

Then, what’s the point of having law and police?

It’s God that forgives you after you repent, and not me. Also, an apology is towards the other party does not mean the other party must forgive you.

Feng Yu told Heitaro Nakajima to get his lawyers to think of reasons to demand 1 billion USD compensation from the Recording Industry Association of America. This is to blow up this lawsuit and make sure everyone knows about this.

1 billion USD compensation is higher than the compensation in Microsoft’s antitrust lawsuit!

Even without Kameda Masao getting his men to spread the news of this lawsuit, the media will pick it up.

When this happens, Aiwa’s MP3 player will be mentioned countless times by the news media and will give the viewers the impression that only AIWA is selling MP3 players.

Aiwa’s MP3 player will be positioned in the consumer’s mind, and Aiwa will be their first choice if they decided to buy an MP3 player in the future.

……

“Feng, Aiwa is your company, right? What happened? Why are you all being sued? Hurry and hire some good lawyers to win this lawsuit.” Kirilenko said worryingly.

“What’s the hurry? The new product had just started production. We will wait until our retail shops and sales point receive the new products.” Feng Yu replied casually.

Kirilenko is confused. Do you think you can choose when to win the lawsuit? Are lawsuits so easy to win in the US?

“Feng, are you joking with me?”

“I am not joking. There is no hurry to win this lawsuit and that the Recording Industry Association of America is a joke. I had never heard of companies restricting customers on how they use a product. They are just jealous of the profits of MP3 players. But honestly, we still have not made any profit from our MP3 players.”

Although the retail price of the MP3 player is quite high, the development fund is even higher. However, Feng Yu, Heitaro Nakajima, and the rest are confident that when the third-generation of MP3 player is launched into the market, their MP3 player will start making profits for the company!

As this product gains popularity, Aiwa will lower their production of Walkman and CD players. The company’s focus will be switched to MP3 players, earphones, etc.

“Alright. If you need any help, just let me know. I have some friends here who can help.” Kirilenko said.

“Ok. If I really need help, I will let you know.”

In the next court session, Aiwa will defeat the Recording Industry Association of America, and also drag Sony, who is going to imitate them, into the picture!

Extraordinary Genius

Extraordinary Genius

超品奇才
Score 8.6
Status: Ongoing Type: Author: Released: 2015 Native Language: Chinese
A failed investor from 2017 got drunk and woke up in the 1980s. China is just opening up, and the economy is blooming. There is also the dissolution of the Soviet Union, the bursting of the Dot-com bubble and other financial crisis. He used his knowledge of the future and slowly build up his empire.

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