/vt/ - Virtual Youtubers

>>30799824
Not surprising. Hololive lost a lot of their relevancy and they are declining pretty fast. TEMPUS was probably the lowest low and showed the public that it's basically over with them. Nijisanji gets a huge W with anything they do and the gap between them gets bigger and bigger.

>>30799824
>comparing private and public companies
kek

>>30799824
>has more than double(maybe triple) the amount of Hololive streamers
>still only manages a difference of 3.66% over Cover
Wow man, that is really impressive.

>>30799824
Almost 15 times the non operating income while having less than half the total amount of livers niji has? Where the fuck is all that money going to??

>>30799824
From which thread did you copy that?

cant numberniggers stay in containment

>>30799824
>Nijisanji gets a huge W with anything they do
Isn't Niji's newest gen doing under 1000 live views?

>>30799824
Looks like Cover should cut the expenses desu, what the fuck are they even spending it on, high grade semen supplies for their talents?

>>30800797
No greater proof that Anykara is purely driven by profit. Max the amount of sources for profit (livers), minimize the costs (support employees), keep all the profit for shareholders.
Meanwhile Cover hires a lot more support staff (and pays them well), reinvests back into the company and even pays a base salary to all vtubers.

>>30799824
What if each of Holo branches would debut a new gen every 6 months instead of a year? would they actually catch up?

>>30800848
You faggots are obnoxious. Stop bitching. Grow up.

>>30799824
>has never read a company prospectus chama..
>Does not understand that you can't just compare these numbers like for like between two companies without understanding how each number affects the overall outlook in company earnings.
her der... but ma bigger numbers better.....

>>30801012
Commie.

>2020
>Hololive is growing faster they will be bigger next year just you see
>2021
>Higher revenue doesn't matter hololive has higher profit
>2022
>Bigger numbers aren't actually better

>>30799824
They have like 4 times the amount of chuubas, not having more earnings would be embarrasing.

>>30801529
Context is important to everything

>>30799824
Now add superchats

>>30800906
Obviously yes. The amount of cum hungry hags in the company are too fucking huge and even I am supporting one of them.
Captcha 0mgh4g

>Huge Operating expenses and extraordinary loss
Wtf, could someone explains what kind of expenses and loss does Vtubing agency has? Genuinely curious

>>30800791
It's impressive considering they're not being spoonfed popularity and success by Youtube. Hololive would've eclipsed Nijisanji long ago if they actually put an equal amount of effort in their content.

>>30801586
Do tell what context is there for crying that winning is losing for three years straight

>>30799824
admin expenses are way too high

I am contacting Susan right now. This is illegal.

>>30799824
Wasn't Anykara criticized by investors for trying to inflate income numbers by not investing enough back into the company?

>>30799824
which group would you rather be in:
>200 people splitting a total of $100k
or
>50 people splitting a total of $96k

>>30801056
Probably would just spread their loyal viewers thinner. Hololive is THE gateway corpo, the first stop for everyone curious about vtubers. They get first dibs on fans, but they're also constantly bleeding them out to other companies and indies as said fans learn about vtubers outside the walled garden. Nijisanji's rushing to fill niches in an effort to capture as much of the trickle-down as they can, but the same approach might not work for Hololive, whose primary viewership is much more mainstream and brand-oriented, and experiences more turnover.

>>30802051
Anycolor isn't investing, Cover is. That's the reason Cover earned less than them.

>>30799824
With this difference obsydia will get new outfit right?

>>30802712
that approach aint working well for Niji either, debuting 5 people every 2-3 months is retarded they split their already small base even further and now they gonna debut another wave..

>>30800906
>what the fuck are they even spending it on
making shitty video games like HoloEarth

>>30803143
What happened last year? Cover wasn't investing back then? How did they grow?

>>30799824
source?

>>30802031
you mean by debuting more gens frequently?

>>30803473
Anon, last year was the first full year after the holoEN boom.

>>30799824
holo losing relevancy rather quick huh

>>30803473
Holo-ass and error costs a lot and the fruit for those are yet to be seen. Look at the difference their operating expenses. Holo took risks while niji play safe.

>>30799824
>Another year
But OP, Cover had more net profit for the last two years
>FY19-20: Anycolor ¥42m, Cover ¥240m
>FY20-21: Anycolor ¥1,261m, Cover ¥1,728m
The difference this year is Cover's administrative expenses (salaries) and cost of sales (production costs and the cuts paid to talents) drastically increased
In other words, the only reason they didn't outperform Anycolor again is they're paying their staff and talents more and charging smaller margins on merch

>>30801594
You said scs don't count.

>>30802467
>by investors
>known anti blogpost
very reliable source

>>30804087
>charging smaller margins on merch
I actually laughed out loud.

>>30804087
>>30803143

>>30802030
>operating expenses
Cover went on a hiring spree, holoearth
>loss
Rushia getting fired

So much for anycolor being 3x the times the size of cover.

Here is their evolution since 2020 tho,

Sources are >>30796751, >>30796751 and also the following link
https://www.wsj.com/market-data/quotes/JP/XTKS/5032/financials/annual/income-statement

Look at how much ground Cover took from Anycolor with regards to their revenue, even without significantly increasing the number of streamers between 2020 and 2022

Cover sales revenue: 1,479,100 -> 5,811,250 -> 13,663,728
Anycolor sales revenue: 3,479,000 - > 7,636,041 -> 14,164,140

Anycolor sales revenue went from being more than double of Cover two years ago to almost the same.

>>30804214
Compare the sort of merch the two companies are selling anon
Most of Anycolor's merchandise is stuff like acrylic stands and stationery that can be mass produced at very low cost, and over 45% of their merch store revenue is voice packs, which have a unit cost of essentially zero
Cover sells a lot of stuff like one-off custom plushies, apparel, tableware, etc. that is relatively expensive to produce

>>30804214
Divide the sales and the costs in the OP pic, it's not that hard retardchama

>>30804400
here is the same chart, but for sales profits
>Cover: 851,126 -> 2,820,469 -> 5,274,772
>Anycolor: 948,000 -> 2,936,137 -> 5,984,334

It is absolutely incredible what Cover is doing with the lean structure they're running.

If >>30804400 trend holds you might see Cover to get past Anycolor for the first time ever, next year.

>>30804453
>>30804446
You know you have to present actual proof for this, other than your coping fanfics. Show me how holo merch has lower profit margins.

>>30799824
Hololive killing it's EN branch will help them even more.

>>30804400
Holy fuck, that growth by Cover
2021: ~293%
2022: ~135%
Vtubing really fucking grew

>>30800906
fruit flavored experiemental condoms for ayame and viagra for ame's dpg

>>30804446
most of the actual hololive sales dont even get counted into Cover's charts, as all of the birthday merch for example is selfinvested by the talents and as such they keep the majority of the profit to themselves, Cover just takes some shit royalties from it

>>30804568
The numbers for sales and cost of sales are in the OP anon
It combines streaming revenue and merch revenue, but you can still infer this from it because merch revenue vastly outstrips streaming - Pekora earned more from one day of birthday merchandise than a year and a half of superchats

>>30804676
>Vtubing really fucking grew
I don't think it even did, it is just Cover that stopped leaving money on the table.
Take merch, for instance: people were BEGGING for Myth plushies, Mio hoodie and this sort of merchandise forever now but they just came around doing it very "recently" (as in since 2021 or so)

>>30804716
how much does pekora gets from figures?

>>30804717
>>30804716
And you know the actual profit margin from this...?

>>30799824
so where is the source link for any of this?

>>30804716
Doesn't matter who invests, money go through Cover anyway

>>30804843
Where else but numberfag central (/#/)
>>30796751
>>30796992
>>30799672
There's also a link to some JP site where you can request the financial data

>>30805011
>the main holoshill thread
Oh ok.

>>30804345
They should stop creating shitty game like Error and earth and instead work on Holo dating sim game to cash out hardcore unicorn/Gachi and let Miko promote the game. How hard is it.

>>30802467
>trying to inflate income numbers by not investing enough back into the company?
Isn't that kind of a bad move? On papers, higher income numbers do look good but that would cause their yearly income before tax to be big, thus they need to pay more for tax
I doubt a company of their caliber will purposely do that but who knows

>>30805043
That's pretty much most of the board anon

>>30799824
citation needed

>>30804841
they literally talked about this on stream. They have 2 options for birthday merch:
>invest the production cost money yourself, and keep the majority of the profit
>or ask cover to pay for the investment, and in exchange they'll take a bigger chunk of the profit
since nobody is stupid, they always pick the first option if they can. Thats also why the limited merch doesnt have huge stocks. Eg marine has to invest 50-100k to sell out her 500k worth of merch (which sold out in 56 seconds) (after that they still make more merch, but by order as you pay first, receive later - which is why they can take much longer to arrive than if you buy the one from stocks)

>>30805225
5 posts before you

>>30805011
thats not a source link, you're just crossposting other anons' posts with no real source either

>>30805102
They're a public company now, which means it's time to maximize shareholder value
Before their IPO they went through a round of slashing weaker parts of the business: Yumenographia (their virtual hostess club) was shut down and everyone fired, Iwanaga's music development project was shut down and he left for VShojo, NijiID and NijiKR were merged into the main branch and their management and recruiters fired

>>30801056
>encouraging battle royale between the talents
I think they would just cannibalize each other viewers that way
And would that even work with Hololive's "no one get left behind"? More talents in the company mean less share for the existing talents

>>30805098
Even the shitty Tower of fantasy got a lot of attention

>>30805098
i want Yuzusoft moege with hscenes starring Hololive girls

>>30805427
Their source is
Cover: https://www.tdb.co.jp/service/u/1005.jsp?TDBCompanyCode=834019273
Anycolor: https://www.anycolor.co.jp/ir

>>30805509
Surely higher earning members don't mind sharing money. Could switch to Horipro system of just paying flat salary regardless of how much talent earns

>>30803143
Anon all the figures are there and cover still gets beaten out on sales, it doesn't matter how much they spend it doesn't affect the total sales

>>30805331
And you literally don't know that actual profit margin, not how it changed, not how it compares to niji profit margins on merch.
The only thing you are saying is that the talents themselves have to pay for their own merch, cover still takes a cut from them, and due to this the company lost money. LMAO.

>>30804400
>>30804514
Here's the amusing chaser to these charts, net income before tax
Cover's was higher for the preceding two years because they couldn't spend money as fast as they were making it

>>30805630
IKR. fuck Hololive error, nobody interested in discounted chilla art Horage. Fans would appreciate much game that can fulfill their dreams to date their oshi and would cash their money on it.

>>30805813
>Net income before tax

>>30806090
They pay the shills before taxing because they are in a black operation.

>>30806090
What's supposed to be wrong with that anon? It's the last line on the balance sheet for a reason

>>30805779
careful when you pretend to be retarded for too long, soon you'll actually become one

>>30805689
>first link is paywalled
nah fucked off

>>30804823
It certainly grows but yeah they mostly finally capitalize on that big EN market (selling on AX and CRX, partnership with omocat, partnering with a shipping company to get a flat rate for shipping).

>>30806385
Paywalled ergo not trustworthy...?

>admin expenses
wtf

>>30805098
Just make this game real god dangit https://www.youtube.com/watch?v=xur5lcBHvLY

>>30805043
They also posted Anycolor's finances when they came out. Going to argue against that?

ITS NEVER ENDINGGGGGGGGGGGG

It's been a rough week or so for Holofags in /#/
My condolences

>>30807489
their fans botting talents just isnt enough, views dont pay bills

No one is talking about Holo ID? We are talking about company-wide financial and you guys talking like EN is the only relevant one.
It's true that Holo EN is declining, but Holo ID is inclining instead.
From the recent leak of talent's revenue, Kobo made more money than the average Niji EN. Nijisanji is hard carried by Niji JP, while Hololive is getting more equal in revenue per branch. What's more, ID market keeps growing with Hololive taking the lion's share while EN market cannibalize each other, most of Niji EN fans are coming from Holo EN, they could be back to Holo EN again if EN can deliver.

Cover puts a heavy emphasis on investment, like keep investing on ID no matter what instead of axing them because they can't make as much money. The thing with investing vs quick profits is investment will always lose in short term, but they would win in the long term. Let's see how it goes 3-5 years from now.

>>30800694
>>30800791
>>30800876
>>30801012
>>30801290
>>30801555
>>30801586
>>30802489
>>30803143
>>30803689
>>30804087
>>30804716
All added to a holocope list

>>30806208
Net income is after all expenses hence there is no net income before tax

>>30805779
holy retard

>>30805456
>ID
Their managers are still on otherwise Taka would have retired

>>30799824
>public vs private
>has over 9000 more vtubers than cover
>yet SOMEHOW spends less money, meaning they don't pay them as much
>difference is somehow only 13%
This isn't the own you think it is.

>>30807638
>Net income is after all expenses hence there is no net income before tax
There is some measures like EBITDA
>earnings before interest, taxes, depreciation, and amortization
used to measure of a company's overall financial performance. I'm not sure if it is a burger thing tho

>>30799824
This doesn't seem right, how can Cover lose when they're way bigger than anycolor

>>30807834
>bigger

>>30807489
Actually I just checked out of curiosity and the cope & seethe is off the charts.
I take it back, carry on for the rest of /vt/'s entertainment.

>>30807834
Nijiniggers always claim that their lgbt company is 3x bigger though.

>>30799824
this doesnt look like mogging to me but ok whatever makes you sleep better at night until the next year financial report where you have to find a new coping method.

>>30808129
Just checked the last thread, they're talking about ... Botan live?

>>30801555
Cover has 71 Anykara 169.

>>30799824
>3.66%
with zhang money. thats low af.

>>30808406
Over two times better net income.

>>30807777
>I'm not sure if it is a burger thing tho
Nah, it's generally accepted accounting for public markets

>Anykara has 2x more streamers
>Anykara has +124% net income

This means they are basically equal. Nijis have a much larger box tho.

>>30802031
>they're not being spoonfed popularity and success by Youtube
Nigger wtf are you talking about?
Youtube constantly promotes nijisanji on their trending page compared to hololive.
This is even blatant as they wil put some bullshit stream that barely gets 300K views but ignore 1M view lives from holo.
On top of that nijisanji has a twitter topic and hololive does not.
If anything it is extremely impressive but on hololive's side that with no promotion from youtube and twitter, with 3 times less streamers than nijisanji, with their 2 top earners being out, and without going public their sales are on the same level as nijisanji's and it looks like next year will be bigger.
You nijiniggers and chinks need to sit down.

>>30801012
this sounds like a Lenin speech

>>30807489
Well, it must be rough in general without a brain.

>>30808355
As a very short-lived distraction, maybe. Then it's immediately back into the trenches as is usual for that thread.

>>30801586
>Context is important to everything
Yeah i agree. Makes me remember last year holokeks being so smug bc niji have shit net profit due their investment (asset number goes up, setting up new branch, office & studio, etc) and rn we arrived here where /#/ coping with muh investment, paying higher salary and whatever shit excuse that they can come up with. Funny thing is last year yagoo just letting his pile of money sitting around w/o doing anything, same shit that riku doing rn

>nooooo nijis have 4x more streamers!!!

No they actually have two times more and half of those are party time streamers.

The Niji Defense Force is here, I guess

holo seething force always present

>>30800906
Hololive Error and Hololive Alternative Project probably made their expenses shot up
I assume Rushia suddenly getting terminated is generating loss for Cover since the incoming projects that's related to Rushia need to be redo or completely abandon

>>30805751
the difference isn't much, did you forget how many talents the company has under their belt

>>30809142
"No u" does not work.

>>30807715
NTA, but Niji was closing down the KR and ID branches (downsizing)
Maybe the managers that you mentioned are still around while other staffs don't

>>30805748
>paying flat salary regardless of how much talent earns
That sounds like shit and unfair to the members that give more efforts at doing their job

>>30807638
Anon the line item on both companies' balance sheets literally says Net Income Before Tax
It's nip accountant speak for EBITDA

>>30809406
umm just look at the holocopes in this thread

>>30808751
Now they're talking about Koshien (giving a play by play even) and about upcoming Shion live

Are you sure you are following the thread?

>>30804400
>Those numbers of sales revenue
Tribalfagging aside, vtubing is growing fast

>>30807631
Will you niggers actually make one now instead of copying the nijicope list?

>>30811189
>Are you sure you are following the thread?
No I'm pretty sure I just looked at the thread that I said that I looked at. I don't know why you're getting defensive over a known trash heap like /#/.

>>30809306
Those don't cost that much, Cover doubled their staff count over the past year or so and all the salaries are part of that cost.
>>30810223
According to a more detailed breakdown the payment given to talents shot way up, cutting that would likely demotivate everyone.

>>30811857
I just looked and the "play by play" is just one dude posting screenshots amidst the usual shitflinging, and now that the event is winding down it's immediately back to business as usual lol

>>30804626
Shut up no one gets left behind
But I do wish the EN girls work harder

i live in japan.

every time i go to any second-hand goods store i see dozens of people rummaging through the niji section of the vtuber isle while the hololive section is almost always empty, and when somebody is there it's usually a fat white guy while the niji fans are normal looking people

>>30799824
Don't they have like, more than triple the number of talents? They SHOULD mog Cover.

>>30811799
>make one
There is one, but there is no use posting it because even .00001% of it reaches the post character limit.

>>30812538
sorry context doesn't matter here

>>30807489
well, they are working extremely hard in the last few days, nijisanji will be dead in the next few weeks, trust the holoshill

>>30809061
Really no need of them as it's holoshit that gets mogged in every aspect right now.

>>30812538
No. They have about two times more. But many of those are 500-800 ccv party time streamers.

>>30812538
Half of them are 3views shitter that stream one in every few weeks that don't make any money

Mmm... smells like pagpag in here

>>30812538
Thats not how it works. Aqua or Kuzuha solo are bigger than all small companies

It's always so weird remembering this is a Hololive corporate-shill board and not a vtuber board.
The amount of mental gymnastics actual adults will do just to defend a private company in these petty console wars is pretty pathetic.

If Hololive losing in revenue to Nijisanji upsets you this much go the fuck outside or at least watch some anime jesus christ, stop letting virtual geishas dominate your life.

>>30808632
Holofaggot lying again... nothing new.
>Went on youtube with a fresh browser session and searched "vtuber"
>Out of 10 first niji/holo results, 8 are holo and 2 are niji.
>Clicked through some indie clips and went on the main youtube page
>Out of main page results, 9 are holo, 1 is niji

Whichever company creates an anatomically accurate onahole is the real winner. Until such time, this is all a meaningless argument.

>>30813526
>>30813398
Holobronies are always lying, coping and trying to play the victim roles, this is nothing new, everytime nijisanji have a big winning number, they will cook up a new narrative

>>30812092
Now they're coping even harder. Numbots and their clockwork threads can't fight their programming.

>>30809306
And Anycolor spending their money on improve their 3D technology

>>30813398
Retard

>>30808364
What about Virtual Real? With Virtual Real it would be 216 chuubas in total

>>30801555
>4 times
Whether you like it or not Holostars is part of Hololive Production
Here's the breakdown for you
>NijiJP 143 chuubas
>Virtual Real 47 chuubas
>NijiEN 26 chuubas
Total 216
>Hololive JP 35
>Hololive ID 9
>Hololive EN 10
>Holostars JP 13
>Holostars EN 4
Total 71 chuubas

>>30815345
Virtual Real isn't owned or managed by Nijisanji retard. It was sold off years ago. They may have a good relationship with Nijisanji as sister companies but none of their numbers are reflected in Anykara's financial reports.

>>30815345
I never seen VR being mentioned in any financial reports from Anycolor. In the most recent one there were only "Nijisanji" and "Nijisanji EN"

>>30815345
If they including Virtual Real in financial report then they will have triple Cover revenue kek

>>30799824
Genuine question, where did these numbers come from? Cover is a private company and the money movement is not public.

>>30817102
https://www.tdb.co.jp/service/u/1000.jsp

Private company doesn't mean your financial info isn't public, it just means it's harder to get. Companies you partner with will sell your data all the time. In this case, it's just more likely Cover uses Teikoku Bank as a consultant.

>>30804716
>most of the actual hololive sales dont even get counted into Cover's charts
All sales are counted even if they're independent contractors for all business they do with Cover. Money paid out to the members would count under expenses. The only time it wouldn't count is if Cover sees none of the money, and the money isn't paid out from Cover, i.e. they independently deal with a 3rd party vendor.

Cover seriously need to slim up their expenses rather than wasted it for no reason. They should focus on merch and events that incentives easy cash rather than grand projects that bleeds more money.

>>30818601
Anon that is exactly what they are doing, the expense from the commission is for hololive error and holosummer, both have events and mercs in c100 and the fc website.

IF YOU DELETE THIS POST WITHOUT AN OFFICIAL ANSWER IT IS A SIGN YOU DO NOT CARE ABOUT MODERATION AND ALLOW TROLLS AND BAIT DRAMA THREADS TO THRIVE!

Previous threads >>30800388 >>30817527 Deleted
What did I just fucking said?
I am not taking your usual vague 'delete thread and keep silent' anymore!
We want answers now!

Jannies can you please let us have /ringo/, /meat/ and /ag/ threads again!
We're not even breaking any of the goddamn rules!

1. All images and discussion should pertain to virtual YouTubers ("VTubers").
Exactly! All our images and posts are about vtubers!
2. All VTuber discussion should pertain directly to their streams and content. Off-topic and 'IRL' discussion will be deleted.
We have not discussed non-vtuber and IRL doxxes in our threads!
3. Singling out individual VTubers for the purposes of trolling them will not be tolerated. Do not stalk or harass any VTubers.
None of us have ever harassed vtubers. We were only lewdposting!

Now before you call us off-topic for not talking about streams, there are indies out there who make goddamn disgusting content like these!
There are indie vtubers filming themselves vomiting and pissing! These are NOT off-topic discussions!
>indie vtuber recording herself vomiting
https://www.youtube.com/watch?v=WRd4pDfrRAU
>indie vtuber recording herself putting cola and mentos inside her pussy
https://www.youtube.com/watch?v=lQqqHzLj3EU

List of hypocrisies jannies have committed:
1. /ag/, /ringo/, /meat/ threads are deleted instantly on submission.
While blatant bait threads, flamewars, and doxxes are allowed to stay for hours!
Here are the currently active off-topic drama and bait threads
>>30789356
>>30811844
>>30796916
>>30808857
>>30780642
>>30813807
>>30797860
>>30811050
>>30798934
>>30783508
>>30804810
>>30813771
>>30810334
>>30783636
>>30784023
>>30805149
>>30800383
>>30786684
>>30765045
>>30786403
>>30798439
>>30801026
>>30806356
>>30788583
>>30816182

2. Jannies delete the three afromentioned fetish threads but allow these to stay
>>30724972
>>30482272
>>30660553
>>30735502

Our demands; Give us an actual answer why /ag/, /ringo/, and /meat/ are not allowed despite all the reasonings we have given that they actually discuss vtubers.

>>30818601
>Cover seriously need to slim up their expenses rather than wasted it for no reason
They're a private company, they don't exist to serve numberfags, they can waste their money on making crappy video games if they want to

>>30818816
They should've axed that chilla art horage game imitation and instead use that money from Comiket for another Holomember solo concert. That's my personal perspective.

>>30819017
While I agree, I don't think money alone can influence their ability to get the venue... they usually need a 3rd party to set up the whole live things. either a bigger corpo like bushi or a record label.

>>30818948
>Not serve for big profit
Anon, cover isn't a state run communist enterprise, any sane company need to get big profit to develop and expand. I'm talking about this for the sake of cover and it's talents.

>>30818854
the monkeys don't understand your anon, give up

>>30818257
lol retard that money doesn't even pass through Cover, it goes straight to the holomem. Doing extra transactions is just asking for more taxes for everybody

>>30819281
But they are already expanding rapidly, their salary/facilities/ad expenses shot up way higher compared to last year. They actually had trouble spending much faster than they could earn during the end of the 2021 fiscal year. Taking risks and still being profitable is the sign of a well managed company.

>>30799824
I think holofags EOP have no idea how big Nijisanji in Japan. People here think just because holo is big in the west, they are better, but actually no. Niji is thriving in Japan.

>>30818854
The mods are tribalfag monkeys do you think if they actually wanted peace in this board they would've banned number posting by now but they still wont

>>30819425
The money does pass through Cover but it's counted as a business expense for them so there are no additional taxes, other than what the talents pay for their own personal income.

>>30819425
All money that they earn as a holomem passes through Cover. It could even be a 1% royalty keeping 99% of the profit, and it would still pass through Cover, because Cover is their employer and pays their paycheck. I don't think you know what "straight to the holomem" means nor do you seem to have any grasp on taxes.

>>30819454
Still it not justified for cover to waste money on developing game like Holoearth and error. If cover insists to keep spend money for game
development, They should try VN game or otome dating sim with Holomember character.

>>30819651
Well, there is that aqua VN dating sim game. They actually gonna add more holomen there.

>>30819461
I think the situation is like Kancolle and Azurlane, Azurlanefags are always claiming it killed Kancolle but in reality, Kancolle is triple times the popularity in Japan and still kicking eventhough you hardly hear about them in the west, this year Kancolle has double the doujin circles in comiket compared to hololive, that's how pupular stuff but has language barrier always under EOP radar. EOPs are all idiot and living in their own bubble

>>30819713
Good, that game far more promising than Hololive error and Holoearth

>>30819630
nah, let him coping, he will twist the reality until it fit his ideal fantasy world where hololive is #1 company

>>30799824
Sauce for numbers?

>>30818854
Fuck off to /d/

>>30819887

Why are half the posts in this thread obvious ESL's who can't form a grammatically correct sentence?
I didn't wanna believe the rrats that numberfags are all indogs but...

>>30819651
They're taking risks branching out content while they are still massively profitable, that is a good sign of a company that is in for the long haul instead of one that will sell to the nearest multibillion dollar conglomerate as soon as they can.

You fags should watch the streamers and not the brand.

>>30818854
Considering the absolute state of this board, your communities would be a monumental improvement to thread quality around here. I hope you find the justice you seek.

>>30819461
Both are thriving. Nijisanji has a bigger box but that's mostly because their male division is actually popular.

Also both have crazy growth every year.

>>30819651
>>30819281
private company they can do whatever the fuck they want
companies don't NEED to expand

>>30820223
Most japanese fans watch both corps. It's only SEA console wars babies who care about this shit. The funnies thing is /#/ talking about ccv 24/7 like it's super important when it's the least important stat.

to think about cover spend money making that pathetic genshin clone game,they deserved it.
They'd be lucky it didn't kill them

>>30819868
>>30819651
>Holoearth
I dunno about wasting money, i bet this will make a lot of money if they use it as a hub for things like VR concerts, community events and a way for the talents to do meet and greets in a curated environment

>>30820560
>They'd be lucky it didn't kill them
No they wouldn't, vtubers have barely any operating costs, they don't have tight margins anywhere

>>30820576
It would only be able to serve that role if it were made by competent developers and it's not

>>30820319
I get it, risk taking is a necessary move to expands further, but at least cover should acknowledge its own abilities . I know the reason behind Holoearth to creates open world Arkesque game but developing such game requires years of coding for mechanics and design which would bleeds so much precious time and money.

>>30820560
To be fair it's more like Genshin raped Minecraft and had a retarded baby nobody wanted.

>>30820827
>which would bleeds so much precious time and money.
They don't care because they aren't massive numberfags like you

>>30799824
Anycolor went public and barely beats Cover lmao.

>>30820223
it's not only the indogs, it's the whole SEA.
indogs now are only focused on their independence day event now.

>>30799824
Nijisisters are shameless at stealing that from a Holokek.
Anycolor is actually sitting with that much extra cash. By the way, why did Mayuzumi leave Nijisanji?

>>30819777
Comparing Nijisanji to Kancolle is laughable. The footprint Nijisanji has in JP otaku culture is tiny compared to Hololive. All of the good artist flock to Hololive, just look at Twitter and see how much quality art gets made for Hololive on the regular while Nijisanji gets scraps. A top tier Nijisanji design like Amamiya gets mostly Deviantart-tier fanart and maybe one good fanart once a week while the shittiest Hololive designs like IRyS get beautiful works of art on the daily. And the Nijisanji doujin scene is shrinking too, in part no thanks to the shitty DLSite fiasco.

>>30820863
>Constructive criticism
>Get accused as numberfag
Did i talk about any number anon?

>>30821119
You think that profit numbers matter more than anything else, that makes you a numberfag

>>30804514
"trend"

you mean the 3 points? There is no trend, there is 3 points

>>30820393
The brand informs me of their quality and has never, ever been wrong.

>>30814208
now this is cope
>>30819345
says the esl monkey

>>30821212
No it doesn't. There are lots of good streamers from any company. You're just trying to defend tribalfagging

This thread is filled with assmad holofags trying to somehow interpret things so that their company is superior. Because of course they're all numberfags who actually care about this.

>>30818854
Go discuss it on the mod IRC server.
Go to the 4chan FAQ page and find the link to the server, then complain there. That will get you the results you want

>Increase in %135 in profit while still a private company
>Reinvest in products and infrastructure to cope with demand
>Pay less tax due to reinvestment
>Yet Staff and Talents received every support needed
>Tick every box for long term investor
Somehow according to Nijiniggers this is bad. Well, it doesn’t matter now that I am certain that the girls future are in good hand and their future is bright.

>>30799824
>Anycover is skipping out on hiring and paying staff to make more profit
I wouldn't exactly be proud of that if I were you, OP. Especially considering Nijisanji has more than twice the amount of talents of Cover, they SHOULD be spending more in that department
Anyway, since this actually interests me:
>Cover has 70-ish talents
>Assuming a 3000 dollars monthly wage (Japan's average), this costs them around 2.5 millions dollars or 333 millions yen a year
Knowing Anykara doesn't pay their livers a monthly wage, we can lower Cover's administrative costs to around 3.1 billions for better comparison. That's still 1.3 billion difference with Anykara, what is Cover spending it on? Is it court money they had to pay from something that happened behind the scenes with Coco and/or Rushia? Alternatively, what other costs are Anykara skipping on?

>>30821401
are we reading the same thread? seems like holofags are getting baited into correcting retarded shitposters

>>30821160
Anon, you either retarded or a paid shill by cover. If you're the latter then good luck and don't get too deep denying any flaws within cover corp. I'm just a longtime Holofans who wants Hololive and its talents prosper for years to come.

>>30821709
Hololive is a private company
They can do with their profits whatever they want
They can make a shitty game, it doesn't matter

>>30819281
>expand
They went from like 20 employees to 300+ in a couple years if not less, what else is this if not a massive expansion?

Not that impressive considering the amount of talents each company has

>>30799824
Wow cool but I am not an investor so these numbers do noteam anything to me

>>30820827
It's not really primarly meant to be a game, they've stated that it's to make an alternate platform for their fans to view their content like events and concerts you can attend in game with VR compatibility. It's risky but the potential payoff is huge, and I doubt it costs all that much to develop since it's done inhouse.

>>30820827
I understand your concern but Cover’s main objective is to diversify as multimedia project. Although, I believe this sort of thing should wait a bit longer to strengthen the support for the talent while other projects be outsourced instead.

>>30821965
>It's risky but the potential payoff is huge
the potential for them to make a successful "metaverse platform" like fortnite is extremely low
you need high technical competence to do that, and they have low technical competence

>>30820986
>And the Nijisanji doujin scene is shrinking too, in part no thanks to the shitty DLSite fiasco.
l fucking mao, typical /#/ nignog who believes in their own fantasy narrative world
>Amamiya
>top tier Nijisanji design
kek

>>30820223
90% of this board is SEA

>>30822100
Nah the various generals have actual humans who can communicate normally. The numberfag shitposting all over the catalog is SEA though.

>>30820986
First, the amount of fanart depends on a popularity, not the quality of the model.
Second, even your examples are wrong. I checked both IRyS's and Amamiya's (before Koshien, to avoid Koshien buff) fanart tags, and Amamiya has more daily total fanart and more daily high-quality ones.
Third, looks like your doujin scene "argument" is supported only based on Niji circles on comiket, ignoring the fact that Niji started forcing their own platform for fan-artists where the sheer amount of participant fan-artists absolutely mogg total holo fanartists in multiple magnitudes.

>>30821673
>Is it court money they had to pay from something that happened behind the scenes with Coco and/or Rushia?
That's Mel's compensatory money to keep her mouth shut about the Cover's staff sexual harassment

Maybe the quantity over quality model really is the way to run a business?

>>30821673
What hololive does is to hire nepotism people from the Japanese industry, like famous artists or illustrators, and then give them enormous salaries for no-show jobs where they barely do any work. They also piss their money away on retarded projects like shovelware gacha games.

>>30800906
Holo is trying to grow and do more projects outside of streaming and concerts.
That mean they need to invest money in those projects.
It's an investment if they pay Cover could become several times bigger.

>>30822549
Maybe. But it surely better than Cover's no-quantity, no-quality model.

>>30822016
They don't really need a huge budget for it like fortnite since it would be a platform for fans. They are still heavily focused on concerts, sponsorships, appearances and other events for their talents. I really don't see the issue with them trying to diversify when they already have more 'mainstream' projects lined up.

>>30822640
Also probably spent a few millions on those Marvel collabs that everyone already forgot about.
They truly don't know shit about doing business - got lucky with yt algo and unable to do anything on their own.

>>30812884
ahh this takes me back to my childhood days

>>30822728
I don't have an issue with them doing it, I'm just saying, it's not going to be a success

>>30822549
it's better in long run as if one of big talent retire, it doesn't effect them very much like Gibara, Lulu, Mayuzumi Kai

>>30822883
>Also probably spent a few millions on those Marvel collabs that everyone already forgot about.
that was advertising for some marvel movie
they were being paid by them

>>30821673
Anycolor actually has higher average wages than Cover by a bit.

https://jp.indeed.com/cmp/Anycolor%E6%A0%AA%E5%BC%8F%E4%BC%9A%E7%A4%BE
https://jp.indeed.com/cmp/%E3%82%AB%E3%83%90%E3%83%BC%E6%A0%AA%E5%BC%8F%E4%BC%9A%E7%A4%BE/salaries/%E3%82%A8%E3%83%B3%E3%82%B8%E3%83%8B%E3%82%A2
https://www.j-cast.com/kaisha/2022/06/30439682.html?p=all#:~:text=%E5%BE%93%E6%A5%AD%E5%93%A1%E3%81%AE%E5%B9%B3%E5%9D%87%E5%B9%B4%E9%BD%A2,%E7%B5%A6%E4%B8%8E%E3%81%AF457%E4%B8%87%E5%86%86&text=2022%E5%B9%B44%E6%9C%88%E6%9C%9F%E3%81%AE%E5%A3%B2%E4%B8%8A%E9%AB%98%E4%BA%88%E6%83%B3%E3%81%8C,%E5%B9%B4%E6%95%B0%E3%81%AF1.6%E5%B9%B4%E3%81%A7%E3%81%99%E3%80%82

Coco has talked about the monthly wage Cover gives and it's under $200 a month.

There's a whole range of things that could go under admin expenses, even one time things. Moving offices, upgrading office facilities, executive bonuses, employee benefits, buying insurance, recruiting, consultants, lawyers, overseas IT tech, etc. Both are similar companies, so it's more likely Cover's expenses are coming from one-time stuff. $1b yen is literally over $7m, it's not small time stuff like court cases with Rushia unless they hired an army of lawyers.

>>30822549
Give Cover the desert and they'd run out of sand.

>>30822883
Paid by marvel to shill you mean

>>30822991
Kek, straight to holocope list

>>30822640
They probadly paid many money to famous people to talk about them

>>30799824
>Ooga booga my company better than yours
I’m a westerner so I only watch Vshojo

>>30823051
>it's under $200 a month
Source?
>>30823094
https://www.youtube.com/watch?v=O5_yLcTqa9Y
Nijisanji is the company that asks anime youtubers to react to their clips

>>30823074
What bizzaro universe do you live in where people pay to advertise something for someone else

>>30819874
but it is

>>30823206
Nta, but anon clearly was talking about paying people, not asking.

>>30804400
>ratio cope

>>30823367
>no argument

Who cares, this was always known and only the newfag tribalfags cared which one was bigger. Nijisanji always has been a bigger company, just that oversea newfags think its Hololive since they didn't do their reps

>>30823327
And people make Hololive videos because they're popular and want in the algorithm, Hololive doesn't need to ask let alone pay people to talk about them

>>30821673
>>30820096
Outsourcing and office supplies

>>30823051
>>30822640
>>30821673
Just read the fucking report you SEA monkeys >>30820096, there is breakdown of the expense with the biggest being commission and outsourcing totaling 1.00.000.000 yen

>>30823209
I am not talking that there was no advertisement. I said that it was opposite of anon's narrative. It wasn't holo who advertised movies. It was Cover paying for collabs to leech on them. Otherwise there would be a special notification "paid advertisement" on those streams. Guess what? There were none.

>>30799824
Monopoly over china, somehow only 3% difference in sales?

>>30822728
There's no issue with them making the platform, but why are they conflating it with making games? If you want to host a place where fans can interact and see concerts and stuff in VR, then build that. The other thing is trying to focus on multimedia projects without any other backing. HoloAlt was basically them contracting one of the most expensive studios to do PVs for promotion. Then they went and got big name artists to do the HoloEarth manga, but it's self published on EN and goddamn Manga-Up on JP? In fact, it's not even on the HoloAlt site yet, or at least I can't find it. It's also been forever since chapter 0.

>>30804400
Why are these numbers so low
13-14 million yen is only like 100k USD they should both make way more than that

>>30823439
>And people make Hololive videos because they're popular and want in the algorithm
Some - yes. But you can't say that about all of them as you don't have any proof of them doing it for free.

>>30823633
The unit is in thousand, so 13-14 billion yen.

>>30823545
So if Marvel paid Cover there would be a paid advertisement notification, but there wouldn't be one if Cover paid Marvel? Interesting theory

>>30823206
>>30823439
Nijisanji paying less money so their video is less popular and isn't favorite by algorithm

>>30823209
Anon...that's obviously a bait

>>30823696
Channel being paid for advertising something to viewers - banner on.
Channel is not being paid - banner off.
Truly baffling how dumb someone should be to not be able to comprehend such a simple matter.

>>30823696
Every sponsor video will have this "includes paid promotion" warning like this baseball shit nijisanji is doing with konami, I don't know about the Marvel collab anon was talking tho

>>30823671
Since you're so adamant on Cover paying people to make them talk about their talents, I'll let you find me one of these with a "sponsored" tag. You have until the thread dies

so tldr sales are about even only a 3% difference however Cover reinvests more of that shit back to the company thus getting more tax write-offs and Anycolor doesn't so Anycolor got taxed 1.3b yen while Cover got taxed 500b. Anycolor earned 2.7b yen that did not go back to Anycolor. the fuck is Riku doing with the money

>>30823696
Nta and I don't think Cover paid Marvel to shill their movies, but you don't have to tag your video as an ad if you are paying to use something from someone else, be it their services or a product or just their time for an interview. You have to specify that only if you are being paid. So for example if I buy a Starlink connection and shill it off my own volition, that's not a paid advert, but if Starlink gives me the connection for free or they pay me, I have to disclose that.

>>30796992
27 million Yen on damages
What happened? Is it the cancelled Fes and penalties?

>>30823449
90m yen. Also outsourcing at 24.8m is literally nothing. 16.1m yen for rent? 19.5m for storage? And who the hell are they paying these commissions to?

>>30823709
Algorithm is purely by itself. You can pay yt to advertise some of your videos, but you can't pay to prioritize any videos that mention your product (clips, vods, songs, etc) in recommendations.

You know ignoring the shitposting and shitflinging. There is actually good info here and a basic sense of understanding how a company works. I am ignorant about these things but I think some of the info here are good to know and might be a gateway to have an interest in financial management.

>>30824005
Event cancellation is literally a row by itself there... read anon read.

>>30823545
>was Cover paying for collabs to leech on them. Otherwise there would be a special notification "paid advertisement" on those streams. Guess what? There were none.
https://www.youtube.com/watch?v=xqWE0UYb1zM
This thread has the paid advertisement notification on
Why do people just come in here and make shit up

>>30824118
No I realize, but that may be counted as a separate loss. Penalties for cancelling versus wasted costs.

>>30824080
No, just no. I've written absolutely retarded shit about company costs and have been waiting for people to call me out on them, and no one has so far

How is a 3% difference a win for a company that has about 200 vtubers vs a company with about 80 vtubers

>>30824034
I miss a zero it's actually 1 billion yen for commission and outsourcing.
>And who the hell are they paying these commissions to?
Hololive error and Holosummer artist I guess.

>>30823953
First, I am not taking any orders from a seanig who can't write in any comprehensive English.
Second, there is no need for any tags for some random reaction videos on mentions on twitch streams.

>>30824034
>16.1m yen for rent?
Studios/office

>>30824324
I accept your concession

>>30824034
>And who the hell are they paying these commissions to?
Artists, riggers, modelers, music people, animators.

>>30824131
Nijiniggers are retarded and liars. What else is new?

>>30824365
No need. Just go and study some English and a bit of common sense.

>>30824296
Really? While I do believe some info are false, warranting a deeper inspection. I still am interested regardless since there are other posts here which presents sources that I can turn to and google some "big words" I don't understand. As I said I am ignorant to these things and I don't really participate in the tribal shitflinging so if anything I won't be spouting bullshit and false info as long as businesses and financing are concerned even if I am fed bogus info.

>>30807731
Yeah, if Nijisanji is doing so well, why aren't they giving new outfits?

>>30824879
Company costs aren't that complicated. It's literally just a big addition and soustraction, with profit taxed at a set percentage at the end depending on your state. All you need is to know which costs go into which category, and since no one here knows that, having any kind of financial discussion is meaningless

You can see in the chart that rushia costed cover 211.000.000 yen lol

>>30824879
To be honest, there's no nijiJP fans who known japanese on here, only nijiEN EOP fans so beware of false informations

>>30825299
I thought that was the cost for filling out the venues they used

>>30825299
That is not at all what that is. This thread confirms that 90% of the users here are SEA people who have never had a real job in their lives.

>>30799824
Damn, no superchats? How convenient

>>30825470
Yeah aon it's completely normal to be an expert in business financials for the average person, anyways what does impariment loss mean then? Since you know a lot about this stuff.

>>30799824
This entire thread is just tribalfaggotry from people who don't even know what the numbers mean

This thread is people being too retarded to understand what half the numbers even are good lord.

>>30825164
>All you need is to know which costs go into which category, and since no one here knows that, having any kind of financial discussion is meaningless
Can you elaborate on this? If I understand this correctly the info that is in public right now is incomplete to have any "comparison discussion" on the two companies but I don't really get it.

>>30799824
The fact that Cover has double the administrative expenses proves the ratt that middle management has taken over the company and is running it into the ground.

Holo gets mogged again? Nothing special.
The thing everyone should bring their attention is that Holo's report, that got mogged by Niji, includes period where their top 2 biggest earners were still up there. In addition, it also includes HoloFes2022 sales income while Niji got expenses due to cancelling NIjiFes2022.
In other words, Niji had only Luxiem as a main income source against the entirety of Hololive. Yes, that's right, Luxiem generated more income than all of holowhores combined. And not only that, Niji's report was only in April which means it doesn't include their biggest merch sale income yet - half anniversary one. If it did include it, Luxiem would have generated more income than all holowhores combined in the entire history of holotrash.

>>30825589
All I see is cover net worth is 101.200.000 dollars aprox
And anycolor is worth 108.600.000 dollars aprox

and I'm probably wrong since I work in a lab and I never touch financials

>>30813526
The fuck does youtube recommended have to do with trending, retard? Your reading reps

>>30825845
nijigger not even trying to hide his lack of knowledge

>>30825934
Holofaggot not even trying to hide his seethe

>>30825494
It's all part of sales including profits from merch, event tickets, etc

>>30825845
I don't think Luxiem is even a blip on their profits compared to the top NijiJPs

Cover
Breadwinner Rushia was fired.
Number of streamers is 1/3 of Nijisanji’s

Anycolor
Listing a stock
Temporary popularity of NijiEN and Salome
Massive layoffs of underperforming streamers

>>30813526
Recomended is based on what people watch, retardoid mongoloid. This proves hololive is more popular and more loved because people watch them more compared to nijisanji
Trending page is something picked by youtube staff manually and they are blatantly promoting BS nijisanji all the time and ignore very popular streams from hololive. Now shut the fuck up nigger. You can't even read and use basic logic.

>>30825870
I don't know which row that is but Anycolor has always been bigger than Cover. It was the titan of vtubing while Cover was still a small company catching up. They've both grown massively year over year and this entire thread was made for shitposting from people who just want more tribal wars.

>>30825984
cope, no amount of seething will save you from >>30825870 the fact the net worth is getting even

>>30825567
>what does impariment loss mean then?
Extraordinary loss are essentially business expenses which are non-routine or not part of normal budgeting. They are declared for the purpose of reducing taxes and fudging taxable income. This can be a range of expenses from investing in infrastructure to spoilage depending on the industry, things along those lines. Rushia and Hololive did not go into a +$1million legal battle, or maybe you're confused and thinking this is some projected income loss from losing her which is also incorrect.
This is very basic business operations knowledge. I'm sorry I'm not a 14 year old from a developing country.

this is the most ESL thread on this entire board lol

>>30826105
>Breadwinner Rushia was fired.
I assume it's merch/sponsor cancellation related to the firing at most.

>Massive layoffs of underperforming streamers
This never happened. There were a few graduations though.

>>30825759
Read >>30823051 and >>30820096

>>30826129
Yeah I don't understand it, it seems they both grew massively and now have similar values, it's a huge win for vtubing

>>30826105
>Breadwinner Rushia was fired.
Covers report is from the time Rushia was still active. Not only that, it also includes some months when Coco was still active too.
>Number of streamers is 1/3 of Nijisanji’s
It's not 1/3. For it to be 1/3, you'd have to include VirtuaReal, but their income is definitely stays in China.
>Listing a stock
After the report
>Temporary popularity of NijiEN and Salome
Salome - after the report. NijiEN - only started because it was only few months between Luxiem and the repot.
>Massive layoffs of underperforming streamers
??? Absolutely irrelevant to the conversation

>>30826317
That's the definite takeaway from this, vtubing is in a massive incline and still isn't showing signs of slowing down.

>>30826205
Anon I'm thankful for you summarizing something so that I dont have to google it, but you self important faggot should know that impariment loss isn't something people who isnt managing their own business would know

>>30826125
>Source: my volumetric anal cave

>>30826129
Nah, during early 2018, Sora alone was bigger than Niji's gen 1 because Yagoo was more connected in the industry than Riku. Then Mito washing machine happened and they've been playing catch up ever since. I definitely wouldn't call it a titan of vtubing till at least late 2019. Just by name recognition Gura is easily bigger than Nijisanji internationally, but they've finally started to catch up in revenue since most of those fans/children honestly don't bring in that much money compared to JP.

>>30826430
I'm literally just a salaryman and I know this. Work in an office.

>>30826522
>I'm literally just a salaryman
That probably puts you in the top 10% of all /vt/ posters tbqh

>>30826522
understandable I haven't worked in an office, I'm a field worker

>>30826167
Now go get the source of those net worth instead of sucking dicks.

>>30826288
After some skimming I actually have a little idea on what you are talking about now. Thanks anon. I will still continue reading the reports to have a bigger picture.

>>30820096
>>30826630
You can literally do the conversions yourself with the operational value seanigger

>>30826521
You're kinda overstating the number of EN fans under the age of 20, the reason why they don't bring in money compared to JP is logistics. Up until 2022 they (cover) don't even have a good shipping partner which drives the shipping price to high 40s dollars and they are not predatory enough to sell $100 voice pack like anycolor.

>>30826729
Keep in mind that even if you read these reports, they don't mean much by themselves. What actually matters are a few formulas that use this data to determine the health of a firm

>>30826521
Cover was more bigger than Anycolor from the start of Vtuber boom, they were one of the few companies has high quality 3D model at that time while the live2D cheapshit was for indies and low budget company like Nijisanji, it was until 2019 that Nijisanji takes off to popularity

>>30826866
I find myself in this situation, I don't buy a lot of merch because it's absurdibly hard to buy it from europe, so I only go extra miles to buy my oshi ones

>>30826947
>>30826521
What was the 2019 boom for Nijisanji caused by?

>>30827251
Mito, niji gamer and company-wide contents like tournament and shits

>>30807638
EBIT is a standard measure of operational efficiency of the business, retard.

>>30824300
Net profit is 120% higher.

>>30826947
Why do you think Cover being founded a year earlier indicates anything about which had more resources
Ichikara got tens of millions of dollars in investment from companies like Sony in their early years, Cover was funded by a one-time grant from HTC's startup incubator and a bunch of bank loans

Those threads always make me laugh. Both corps are insanely successful and growing like crazy. Both have good streamers.

>>30799824
> Nijisanji
> 169 talents
> 4.2B yen operating income
> 9.9B yen operating expenses
> 24.8M yen profit per talent
> 59M yen investment per talent

> Hololive
> 71 talents
> 1.8B yen operating income
> 11.8B yen operating expenses
> 26.1M yen profit per talent
> 166.3M yen investment per talent

>>30828017
You do understand having an excessive net profit just means they're utilizing their revenue inefficiently? In a growth company you want to re-invest in the corporation for the purpose of expanding and also to reduce tax loss?

None of you even know anything about this except thinking big number better.

>>30828905
No, see, as a business expert I can assure you that reinvesting money into your business and increasing staff benefits and compensation is bad, because EBITDA go down
On the other hand keeping as much as possible in cash and only cranking up executive compensation is good, because EBITDA go up and the CEO and shareholders get paid more

>>30829061
I see, Mr. CEO

>>30829061
Whoops my bad.

After some reading with >>30820096
and some posts refering to commissions. Can someone explain the reasoning why does cover not hire people to do in house rigging and modeling instead of paying a buttload of money for commissions to freelance artists? Is it because of the recognition for the artists which in turn be like some sort of advertisement for the company? Or is it the lack of talent pool that is available that does a good job?

>>30829429
>Can someone explain the reasoning why does cover not hire people to do in house rigging and modeling instead of paying a buttload of money for commissions to freelance artists?
because it's not any cheaper

>>30829429
It's probably less efficient to retain them at their current pace of launching new outfits and talents. I'm not aware if Niji does this, but if they do it's because they have over twice the number of talents and can get the work done in bulk in a more profitable way.
Think of it as Hololive is more like a small scale artisan store and Nijisanji is like a factory turning out anime girls. They're different business models in that sense.

>>30829429
>s it because of the recognition for the artists which in turn be like some sort of advertisement for the company?
It's, some of the guy is very expensive but they are popular

>>30829429
The "commissions" line item is a hell of a lot more than just Live2D
All their new 3D stages, every cover and original song, trailers, stream assets, outsourced production work on concerts, assets for their video games and animations, etc. will all fall under that number

>>30829429
Rigging l2d is a huge niche that there's not much to choose from. You can already see some guys essentially working for Cover with how much stuff they make and If you have the same few artists do designs you will end up with vtubers that all have same face

I kind of like how this thread has slowly shifted from being low effort disunity bait to being some people with business knowledge explaining concepts to other people.

>>30799824
Can some annons explain this for me pls. Isn't this a bit concern for Nijisanji that Hololive is catching up?
They have:
>More than 200 livers
>Still have the China market
>The profit from merch is all them since the livers have little input.
>Have multiple events with over 200k ccv
>Their Doujin event is larger than Hololive at Comicket
And somehow the different is just 3%? I always though like it would be x1.5 times bigger.

>>30829975
>stream assets
I always forget about these. At first I was under the assumption that these are templates of the live2d application tweaked by the company's graphic designer so it's not really a big ordeal. Then I saw on the jew chuuba thread that they actually commission people to do these. From the opening of the stream to the chatbox and whatever is being displayed on the chuuba as interface. Being an artist or designer really has a boom on the vtuber sphere. I'm kinda jelly.

retards really thought Cover would pay Marvel to shill marvel movies? Are you idiots retarded? It would be the opposite.

another thread where monkeys use numbers to embezzle people into thinking their opinion is truthful

ok goddammit, I'm tempted to bookmark this thread just because there seems to be some data being discussed but the board condition is such absolute shite that I wonder if it's gonna be worth it to sift through the garbage

>>30800848
sorry we only post numbers out of interest, we can't help that schizos can't into basic math.

>>30833015
Your post is part of the garbage.