GameStop Refuses to Pay $30 Million Consulting Bill | GME vs Boston Consulting Group

Boston Consulting Group has filed a suit against GameStop in response to the video game retailer turned meme stock refusing to pay a estimated $30 million consulting bill. BCG alleges that GameStop will not provide the information and data needed for BCG to calculate the true amount owed.

As someone who works in consulting, BCG’s fees based on projected profit improvement structure here seems pretty bizarre. I don’t think it’s totally out of line for GameStop leadership to question this insane bill and shut out BCG. On the other side of this, I’m surprised to BCG go after this so aggressively and add to the bad press we’ve seen over the past couple years for large consulting firms.

00:00 – GameStop refuses to pay Boston Consulting Group
00:41 – How is business for GameStop?
01:27 – BCG fees based on projected profit improvement
02:41 – Who is behind this crazy deal?
03:27 – BCG deciding to go public
04:12 – GameStop’s response to BCG lawsuit
04:51 – Is this worth the negative press?

#GameStop #BCG #GME

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