/vt/ - Virtual Youtubers

they can't even go down in style because they're not the evergrande of vtubing.

>>69728407

>>69728484
this is the titanic of vtubing, except there were enough lifeboats and the captain knew where the fucking iceberg was from 50 miles away.
they knew what would happen. they repeated the same mistake multiple times.
and now they reap the whirlwind.

Nijisanji Middle East next!

>>69728407
https://note.com/aubin_chronology/n/nca3a9391bb09

This is from the last meeting btw.
A translator went to work on it. I found this part interesting.

>>69728626
>makeagif.com
looks like it didn't work

>>69729424

>Actually and seriously linking plebbit
Board requires a good purge

It's so funny seeing the "official" subreddit in an outright revolt and mods aren't even trying to do anything.

>>69729118
THEY KNEW IT WAS COMING PAHAHAHA
and riku did nothing.
legit, they KNEW THIS WAS COMING.
yet riku blew money on a stock buyback, that's now gone.
i look forward to his slimy ass having to deal with the Chinese investors

>>69729693
they're censoring anything about uki
uki is still a mod on there.
put two and two together.

>>69728407
Why are people talking about how this will affect vtubing as if nijisanji is the golden standard of corpo vtubing? If any, they are already setting an example of what not to emulate and corpos are quietly observing and picking up on that and if they aren't, then oh boy they will be on the chopping board sooner or later.

If it goes under 3k people are gonna start dumping the stock.

>>69728871
Titanic was a well constructed vessel that lasted longer than she should have, with her crew performing honorably deapite death. This is more like the Costa Concordia. Sunk solely due to arrogance and ineptitude, with those in charge trying to pass the blame around to others.

>>69729424
makeajpg.com is having a cloudflare outage, I used what I could.

>>69728407
it's funny how this all could've been avoided if they just gave Selen her song cover.
the cover she already paid for and completely finished on her own.
literally all they had to do was NOTHING and the company would be thriving.

but management just couldn't help themselves from meddling to assert their authority.

dumb fucks.
I feel bad for Vivi and Rosemi though.

>>69728407
its pretty wild that they managed to shoot their dick off in such a critical moment. bet they'll really kick themselves over not investing in any sort of tard wrangling or controls. It'll be crazy when people don't worry about the nda anymore.

>>69729743
huh
yet Uki let all the stuff supporting Selen stay up when it was happening?

>>69729914
He only remembered about reddit once his ass on fire

Both Hanser and Yousa recently left Niji's VirtuReal too. No shit they're in a dire situation. In context, Hanser has a bigger subcount than Gura and she's also affiliated to mihoyo for a decade before they even broke mainstream with Genshin

>>69729693
only thing they are censoring at the moment is the uki shit related to his racism
that is likely uki himself since he's a mod
makes me wonder which liver removed doki stuff

>>69728407
>march 16th is shareholders meeting and riku has to explain to his Chinese bosses why they should totally believe him this time after another branch is on fire

So basically if Nijisanji is going to do anything at all, it'll happen before March 16th. Assuming they're not stupid of course, which is also extremely possible.

>>69729699
This is one of the drawbacks of stock buybacks. If the fundamentals aren't good then it's just pissing into the ocean. The real thing to watch for is their debt to income ratio since the loans are based on the corpo's equity either staying constant or going up. Since Niji doesn't have any real hard tangible assets it's probably safe to say most of their equity is the stocks, so if that goes down significantly the lender might force immediate repayment of debts which would force the corpo into involuntary bankruptcy.

niji was kind enough to give exit liquidity to whoever wanted to sell the run up

>>69729118
lmao

>>69729947
his ass(hole) is always on fire

>>69729947
oh

>>69729985
yeah if they're in debt this will basically turn into a margin call. and since riku's networth is largely based on the value of nijisanji, well...

>>69729861
I don't feel bad for anyone that chooses to stay in a black company.
>but muh contracts
Vox said anyone can leave at any time.

Really, kurosanji could have just graduated Selen and be done with it. But they know they have an ill-regarded reputation, and ever since they booted Yugo and saw fans complain of the lack of transparency regarding his termination, they try to be more transparent and ALWAYS fuck up. This time with Selen they tried to went on the offensive fucking TWICE, one with a statement the other with livers, and both went bad. The liver statement, which was both an appeal to the public as well as damage control, went so fucking bad they had to damage control their own damage control.
This is seriously amazing stuff we're witnessing.

>>69729829
Based Titanic defender, she doesn't deserve such a slanderous association as Nijisanji, let her rest!

>>69729985
their debt ratio rn is 1-3%.
if they need to take more debt, they'll need to put their stock up for collateral, which usually negatively affects prices.
for comparison, hololive has 0%.

>>69728407
don't worry, just say "negligible" again.

>>69730072
It's weird they would think transparency means throw people under the bus.

>>69730072
>Vox said anyone can leave at any time.
Why do you trust Vox's word for it? This is the same guy who lied about having a stalker living in his house because Kindred found out he had a girlfriend.

No one trusts anything Nijisanji or their livers say anymore. People even believe the graduation queue rrat now because Mysta leaked the fact their graduation dates are decided by management and completely out of their control.
Also in Vivi's case she just signed her contract a few months ago, and the minimum is 1 year so it's unlikely she can get out of it.

>>69730123
Yeah I looked at Holo's financials a while back and was pretty surprised how little debt they had while being cash rich. But iirc they also only did a partial public stock sell by invite only specifically to avoid having to get massive loans for their new 3D studio, so good decision making by Yagoo.

Accelerate Riku, if ever there was a time to accelerate it's now.

>>69729765
Niji wasn't a golden standard, but it is (and perhaps soon, 'was') a pretty damn prominent company in the vtubing industry. If anything the examples you've given of other companies picking up on what NOT to do will hopefully improve the industry, if only a little bit.

>>69728407
"stock buybacks are for when you want to return money to investors, but don't want to force a dividend (which gets taxed).

usually, a mature company, with limited new investment options, will do stock buybacks - there's no better use of their money.

A startup or new company, with a lot of potential investment options, should not want to do a stock buyback. After all, the original investment thesis for a new company is that the startup is going to reinvest earnings into more earnings, get more marketshare etc, and is therefore a better investment spend.

Is niji a startup? or a mature company?"

>>69728407
Uki: Oh shit, I have to improve Niji's reputation somehow
Uki:

>>69730072
>they had to damage control their own damage control
Deceased

>>69730298
So it's a coincidence they did a huge stock buyback right after the earnings report when their stock price completely tanked?

>>69730163
My guess is that since they know they have a lot of crazy yume/fujos as fans, as long as whoever they like is still with Nijisanji they'll fight tooth and nail for him, and by proxy, them.
So painting someone in the worst possible light is something sisters eat up.
>>69730198
Why wouldn't I?
He did tell us to take his words at face value, and out of everything in that vile stream, that's what I decided to take at face value.

>>69729743
>keep his tweet up
>delete conversation about it on reddit
Hmm...

>>69730281
Yeah, some more comments on that:

"The issue is in part that AnyColor has a debt load, currently at about 1~2% of equity.

If they need to refinance that debt as it expires, a drop in stock price will require that they put up more stock as collateral, which can further drive down stock price.

Note that in comparison, COVER has zero debt load."GAWRT

>>69730367
>He did tell us to take his words at face value, and out of everything in that vile stream, that's what I decided to take at face value.
But why? It doesn't really add anything to the conversation besides shifting blame to the talents for not leaving the sinking ship that they're chained to. Unless you're just a tribalfaggot who hates the vtubers merely for the company they're employed under. You aren't one of those vermin, right anon?

>>69729861
It would still be unavoidable. The cover song incident only accelerates their demise. They have a fundamental, structural problem. Remember what Pomu (or someone else, can't recall rn) said about there's a long list of talents waiting for their turn to graduate?

>>69730352
probably not. IIRC, they already did one stock split and the huge buyback we're discussing.
they're basically out of options at this point. if the stock falls even more tomorrow and hits under 3000... we might see an actual free fall.
and this time, nijisanji has legit no way to counteract it. buybacks are off the table, stock split already done... so what now?

>>69730198
They really need those break-in-case-of-fire clauses in contracts that go "We're allowed to back out of this if you publicly shit the bed or start eating kittens in front of everyone."

>>69728407
>What is the ramification of Nijisanji going down under?
nothing. The stock is rising atm

>>69729118
Holy shit.
I think I just found something.
This is a answer to the shareholders who ask if graduations are within expectations.
Terminations essentially aren't being considered to be part of the quota cause they violated policy or start controversy.
So to appease the shareholders and their expectations of graduations, they can just terminate instead to lower the graduation count as a termination is not part of the expection quota as they are due to unexpected misbehaviours.
If there are too many graduations, Riku would be in shit cause they went beyond company expectations, hence they need a reason to terminate someone.

JP is self sustaining enough to probably carry most of the company in the financial report, but EN has only ever been responsible for 15-16% of the company's total revenue per quarter. Considering that Anycolor hasn't really invested much in their international branches after going public, the fact that their reputation is currently in the gutter to where talents are quitting before they even have the chance to debut, and with how EN has become a major liability within less than a month, there's no way Riku is going to keep this sideshow going for that much longer. It's necessary for infinite financial growth but the cons are really outweighing any positive benefits.


>>69730072
>Vox said anyone can leave at any time.
Selen tried to leave, but the company dragged their feet during the process until she got her lawyer involved. Plus, what's to say that people aren't trying to leave en masse like ID or KR too? Its just that they're probably running into roadblocks of their own.

desu if they genuinely want to recover their stock price excising the EN branch would be the first step. the branch has no profitable talents left after Selen and Pomu's departures and it's just a liability at this point. starting fresh with a 3rd(third!) attempt at an EN branch without any of the baggage of the current one might allow them a chance to rebuild. if they just continue on with these people who are being actively accused of bullying/harassment like Enna and Millie then the boycott will never end. it'll end up like a Sony situation where the company's reputation gets so bad that it hampers any future attempts because people will just spam "Fuck Nijisanji" to any project announcements like they do for Sony.

>>69728407
>> Niji's IR statement last year mentioned how NijiEN would be the "pillar of their business."
what I wanna know is who in the fuck was feeding them such pure unfiltered bullshit that nijiEN was gonna keep rising and being a powerhouse? even last year it was starting to tank due to zaion fiasco. mysta left, Luxiem's reputation was already in tatters because vox in a 1000iq genius move single handedly drove away the Chinese, most members of the new waves weren't catching on whatsoever and so on. it's downright irresponsible and misleading to look at that scenario and think "yeah, we'll be back and bigger than ever this year."

>>69728407
where did you learn 16th march is niji shareholder meeting?
im pretty sure its july last year?

and also its actually worse if you see nox anniv merch.
a lot of them not sold at all

>>69730072
>Vox said
Nigga, please

>>69728407
>Enna's recent concert and bday live. Compared to last year, views and earnings are down almost by half, with most of the donors/viewers from Hong Kong (compared to last year, which was mostly the US).
why are chinks like this?

>>69730430
I do now because they're choosing to stay in a company that led a coworker to try and kill herself.
Before I did feel bad for some of them because I thought they're stuck their. And I know Mysta and Pomu, and I assume Kyo but I don't watch him so don't know if/what he commented about his graduation process, talked about knowing they wanted to graduate six months in advance. It seems in their case, however, more than a cue, they wanted to finish up some projects and hit some goals before leaving. We already know from people like Noraneko and Hada that you could take a hiatus and come back whenever. So even if they had to "wait" to graduate, they could chose to not stream, but they chose to do so.
Plus, being really, really honest with you, I'm quite tired of the shilling those two get here. I checked them out and they're nothing special. Not bad people or anything, but it's like goddamn, I was expecting to fall in love or bust my gut laughing or something the way some of you fags shill both Vivi and Rosemi (I have long suspected it's the same coterie of idiots doing this because the wording and enthusiasm with which both are shilled is eerily similar) and all I got was just some not very funny chick that was cute sometimes. No other takeaways; I don't comprehend the devotion, and frankly I'm tired you fags also try shilling them in holo threads or threads about holo adjacent things.

>>69730554
it just tanked to a 6 month low of 3040 anon...
which was before their buyback.

>>69730583
great detective work anon, keep digging!

https://www.youtube.com/watch?v=RIZAtsyaIc8

it's extra funny that cover's studio cost = niji's recent buyback = financial impact of selen firing. Basically, for the same amount of money Cover got a brand new mocap studio, and Niji got -1 livers

>>69730481
Hostile takeover by foreign inves- oh wait

>>69730621
i mean jp ndf are a master at internet manipulation. its funny how they cant do anything with en situation now because of language barrier lol

>>69730756
>Pomu never ever got her 3D; if she ever gets one when she reincarnates it will always be a makeup cope trying to patch up that hole that can never be filled
>A piece of fried chicken got its official 3D at Cover

>>69728407
Okay khyo no one really cares am I the executives of the anycolor? No.
So fuck off and make a new thread that actually interesting.

>>69728407
Domp eet again

>>69730629
>where did you learn 16th march is niji shareholder meeting?
>im pretty sure its july last year?
I think its the OP mixing up the term with Financial Results, and the financial results per quarter usually seem to be a day ahead or behind of the one held the prior year. Financial results will absolutely be held mid March judging by this pattern.

>>69730621
I'm no experts on stocks either anon, but today their stock price hit the lowest its ever been in 6 months. The pressure is rising at Anycolor because they bought back a ton of stocks in December, and they don't want to lose money either. In a worst case scenario, this could potentially lead to drastic measures being taken, not even for the EN branch but maybe even the main JP branch. The ones that are the least involved in any of the drama EN got themselves into.

Sink the yacht, sink the yacht
Get em for everything they got
We won't forgive and we won't forget
What they took away

https://www.youtube.com/watch?v=1Ud1m6uT4-w

>one liver has caused the complete collapse of nijisanji
yeah this shit was collapsing no matter what, it was only a matter of time.

>>69731101
It was going to shit way before Selen

>>69731049
niji next financial report is in 14 march yeah

>>69728407
THE NUMBERS, WHAT DO THEY MEAN?

>>69730702
>they prefer the bully to the bullied
gee i wonder

>>69731150
DEBUT NEW WAVE AIEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEE

GOODLUCK SELEN
HOPE YOU CAN PAY THE NEGLIGIBLE OUTCOME
KEWK SURPRISE! SUCK MY DEEZ NUTS ANON

>>69730583
>they actually have a book of grudges of everyone, hence the spiteful-looking "reasons"
>they also consider a termination better than a graduation

>>69728407
>cut cutting.
HE MISTYPED LOL

>>69731234
I'm more surprised anyone thought it would by otherwise like they've never worked for a corpo. They fire you and find reasons to justify after the fact, usually stuff they kept tabs on in your their personnel files, although I guess more modern term would be spreadsheets.

>>69730583
Here is how it goes anons:
>Talent wants to graduate
>Have to check if its within expectations and promises made to shareholders
>Someone wants to graduate, make them wait in a queue for months so the quota is met as faster and more graduations mean risking to hit the limit of graduations shareholders expect from you.
>Mass graduations over the year
>Selen terminated as she went beyond the company expected graduations.

>>69731049
https://www.anycolor.co.jp/en/ir/calendar

it seems like when the quarter reports are released in march, they'll have a general shareholder meeting?

>>69729861
>if they just gave Selen her song cover
reading the other threads I blame the bumfuck artist to not have given the permission in time

Anycolor did the buy back because Nijifes happened and couple of events were planned for NijiEN, for they thought everything is going good, until the Selen yabe and now they are in the mud

By the way Cover stocks are also not doing great either. After posting record breaking financials their stocks are also losing value.

I can never understand stock market

>>69731376
It wasn't artist perms tho?

>>69729118
I'd imagine this was specifically said in reaction to what happened with Gundo Mirei.

>>69728407
they could have made hundreds of millions if they 0dte NVDA using that money

>>69731376
A few literally admitted to never having sent the docs back because of incorrect info so there's that. Makes me wonder what that incorrect info was.

>>69730072
>Vox said anyone can leave at any time.
yeah, with a kick >>69730583

>>69731432
Cover's stock doing not great atm is a direct result of anycolor's issues. Any investor getting into the vtuber market just got a point blank showing of exactly what can go wrong with public opinion, making the industry seem volatile. One thing to keep in mind however is Cover's stock is more limited in volume as it isn't a fully public company, so as long as Yagoo and the key investors keep the course they can probably ride it out over time. For Niji it's more dicey because they are fully public and will have to convince a lot more people that they can put out the house fire

>>69731528
They got sent NDAs with some other artist's name on it because the idiots copy-pasted

>>69731432
Stocks do not represent the financial health of the company. For that you look at actual financial statements.

>>69731364
I'm still not sure if general shareholder meeting is the right term, but they do have presentations whenever quarter reports are released, yeah. So soon we'll be hearing straight from the horses mouth a potential excuse for why the stock fell so hard or why EN is going to have a few "changes" soon.

>>69730583
This would mean that EN's pseudo management clique wasn't rogue with Riku kept in the dark!..
Riku FUCKING KNEW. The clique was working with Riku to bully and terminate livers and Riku hiring a bilingual branch manager is a facade to keep face! That motherfucker..

>>69731544
but they called the loss of their biggest female talent "negligible"
i'm not even trying to be cheeky, but i thought their whole MO was to debut new waves fast so the ROI is maximized and before long new talents are just making you money, especially with the 2% cut.
what if, say, all of fucking Noctyx graduates? Just debut a new fucking homo gen

>>69731376
The artist gave perms. What she didn't get perms for, was the use for Pomu and Nina in the video.
So not anything that was actually a giant issue - It was literally anycolors copyright.
I will say, from all of their statements and what talents have said, it is admittedly difficult to tell if the graduated livers have a legal contract that allows them to have control of how their former character is used (If they are graduated and not terminated) or if its just a 'keep friendly with graduated livers' situation.
I personally suspect the former as I dont see anycolor giving any rights away at all

>>69730583
Holy fuck anon. This is BIG, this is why Nijisanji is so fucking aggressive

>>69731432
Its a combination of a whole lot of stuff, desu. >We're no longer in the pandemic days were almost any debut was a sure-fire way to get views and easy money and interest in your corpo.
>The entire global economy is in an even worse recession than it was before
>"Too many oshis" syndrome.
>Far more competition and indies than during the pandemic days.
>Trend overall slowdown.
>Quickly changing and evolving tech leaving some more traditional systems in the dust (mostly applies to EN indies to JP corpo standards)
>"Top talent has already been hired" theory (which I think its bullshit, but it is a theory), which means because all the good talent is already discovered, corpos have problems hiring good talent because the good candidates are all gone (Shiori Novella being a massive failure, for example, along with most of her gen except for FuwaMocco because twins and memes).

It's less about "the stock market" and more about how the overall world and trends are doing. Which is "not great."

>>69730455
>there's a long list of talents waiting for their turn to graduate
Can anyone provide a timestamp or is this a regurgitated rrat?

>>69731432
There's a reason why Cover is most likely mad at AnyKuro's stupidity.

>>69731376
I heard Selen had the permissions already, she just needed Niji to give the OK.

>>69731376
That's not what happened. Selen commissioned all the artists and had them sign the standard Nijisanji perms forms. The official issue with the song, according to Nijisanji, is that Selen posted it without her manager's permission. After waiting 30 hours with no reply. Because she wanted it up on Christmas as a gift to her fans.

They never stated that there was anything explicitly wrong with the permissions or that any of the artists fucked up. It was 100% just bureaucratic fuckery, and they decided to destroy their own company to prove a point. What that point is, I don't know; but they sure proved it I guess.

>>69730298
>A buyback can benefit investors because they receive their capital back and are often paid a premium over the stock's market price. In addition, there is a boost in the share price for investors who still hold onto the stock
>however, buybacks aren't necessarily always good for investors. Buybacks falsely inflate the share price, meaning the boost is temporary. Also, buybacks may not always be the best use of capital for a company, which may hurt its value down the road, adversely impacting investors.
with the timing of this, do you really think they bought back stock for a premium price instead of desperately trying to save it from cascading when it was dipping

>>69730590
>there's no way Riku is going to keep this sideshow going for that much longer. It's necessary for infinite financial growth but the cons are really outweighing any positive benefits.
counterpoint, doing so will be the deathkneel for nijisanji because this will make a lot of investor flee, plus the ongoing devaluation of yen and the fact they will soon reaching domestic market cap (if they aren't reached it already)

>>69731747
This doesn't make sense. AnyColor owns the IP. Nijisanji is owned by AnyColor. Why would they need to confirm anything? How does it make sense to you that the livers do not own ANYTHING about their IP while working as the character, but that they do once they leave?
That's retarded, and yes I know Nijisanji is retarded, but I mean this is actual troglodyte logic.

>>69731432
If Niji hadn't done a sotck buy back and just sat with their money, what would have happened? Will they have been much better off?

>>69729118

>>69731711
The devil is in the details. The EN branch as a whole isn't neglible because of future potential growth but any losses within the EN branch are financially negligible because they honestly don't contribute that much in terms of net revenue. It just looked bad because they didn't further explain what they meant so people just plugged in their own worst assumptions

>when you bully and terminate your own talents so your investors don't see graduations

>>69731432
If i were and investor and say i have a billion dollar to invest i would do it on high yield stocks right now like chips that support AI and arms dealing that supports that war.

investing on vtubers is a sluggish ROI as i would expect money to only come in during big events.

Current events dictates where the big fish go.
https://www.theguardian.com/business/2020/oct/07/covid-19-crisis-boosts-the-fortunes-of-worlds-billionaires

>>69731863
To say nothing of how nonsensical this explanation is, as projects like that take at least a year to be done and there was proof by one of the artist that Selen did tell niji at the start of the early storyboarding. They just never bothered to get the permissions knowing that the project was well under way.

It's the perfect storm of bureaucratic stupidity in a nutshell.

>>69729829
One of the sister ships of the titanic was sunk during ww1, cursed line of ships but interesting engineering topic.

>>69729803
im stupid. explain why people will start dumping after it went below 3k?

It's still amazing to me how this whole thing went down. I've never seen a company just, absolutely out of the blue, suddenly decide to launch four-prong nuclear PR attack against itself. At every junction of this, they made the worst possible decision. If this was in a movie, I would roll my eyes at how poorly written and unrealistic the scenario was. A wireless keyboard thrown into a hamster cage would produce better PR results than what Nijisanji's PR team has chosen to do in the last few weeks. If I could quantum leap into different universes, I could spend an eternity and never find one in wich a series of PR decisions could be as bad as the ones made in this universe. Against all odds, we are somehow living in the one singular universe wherein all of Nijisanji's decisions are quantum entangled back through time to the worst possible outcomes.

>>69731747
>>69731928
All that stuff was planned way in advance regardless. It's 100% the manager's issue for not vetting it in the storyboard phase.

>>69731830
Yeah, the artist also refuted this rumor as well
It's not like it popped up all of a sudden after going through storyboarding, sketching, coloring, shading and all that jazz unless they're looking at it after blinding themselves
anyway, what >>69731863 said

Either way, Niji got fucked over with the latest self-induced drama

>>69730958
Holy ESL

>>69731917
Well shit, now it just seems like the entire company is between a rock and a hard place.

>>69731711

To explain >>69731965 point a bit better:
Riku sold the potential gains of the EN branch. The EN branch isn't doing that much business- hence the ngligible comment- but the potential profits were there, which is lingo loved by investors far and wide.

And then EN's reputation fucking imploded and the potential profits are pretty much gone.

>>69731830
Selen doesn't know shit. Not hating on her but she gets tilted too easily and doesn't understand nuance. She thinks if the side she's biased towards says something then it's 100% true without verifying if the two of them are even talking about the same thing. She's put her own foot in her mouth before but instead of learning from it she just got more impatient instead.

>>69730072
>Vox said
Did you see >>69730583 ? There’s a graduation queue.

>>69731928
I might be misremembering, but I think some liver said that they needed to ask the graduated livers for permission. Also something something Nina was asked about whether it was okay to sell stickers after she left.
Might be in their contract when they enter

>>69731965
again, but even they have an entire wave graduate consecutively, they'd know this, and could prepare by scouting ahead of time

>>69731432
>By the way Cover stocks are also not doing great either. After posting record breaking financials their stocks are also losing value.
Anycolor's fuckup has painted the entire vtuber industry in a bad light. Investors are now scared to get involved with an industry that is seen as immature and run by dumb college kids with no business sense. Japanese vtuber corps are now gonna be scrambling to fix their internal bureaucracy so this doesn't happen again. Otherwise investors will forever see vtubers as a ticking timebomb where years of good growth can be upended by a single fuckup. Not exactly a good place to park your money.

>>69728871
It's like if the titanic didn't hit an iceberg but instead decided to bring the iceberg on board and kept saying it was fine even as the ship split apart and people were crushed underneath it

>>69731759
>Shiori Novella being a massive failure
nope, failure no (atleast in financial terms), an underperformed maybe but not total failure

>>69731863
>After waiting 30 hours with no reply
I bet he thought "it's Christmas, she can wait until the 26th".

>>69732087
It's already gone below Niji's buyback price, if it passes below 3k it's literally an "It's so over" death knell for the investors.

>Jill: It went to 2k? Dump it.

>>69731863
We have screenshots from the Elira/Vox/Ike black video that explicitly show that the problem was that she had images of Mysta and Nina (a literal handful of frames) in the video. They apparently stalled because they had to get permission from themselves to use copyrights they owned in a video they also owned.

>>69732198
Did you see>>69730706?
It's still not an excuse, cue or no cue.

>>69731759
You know what's failure? NijiEN's TTT this branch didn't bring in money at all.

>>69731928
It's either by contract or tradition to get perms from graduated livers. It makes sense if you think of the scenario where someone leaves and the IP is used in ways the talent who is now indie doesn't like and complains about it. I'm sure there's an expiration to how long they have to get perms before it's no longer required, only ex-livers will be able to shed any real light on the situation.

>>69732270
That's not where those screenshots are from. The one about ex-livers is an unverified image that was posted in /NijiEN/ with no source.

The screenshots from Elira's video says the opposite actually, that her manager never commented on permissions and just got mad at her for posting it after 30 hours with no reply. As I said.

>>69731948
Yes

>>69731432
>After posting record breaking financials their stocks are also losing value.
remember (any) financial run were one bank fail and the rest follow suit unless someone do anything to stopgag the failling? now sustitute it with any corpo

>>69731928
The leaked manager screenshots in the PR nuclear bomb that was the black box stream had the manager saying that because the video included graduated members, they would need more time for confirmation. Since other livers have released songs with graduated members in them, one even just a few fucking days ago, it's clearly something that can be approved - but wasn't, for Selen, for whatever reason. Especially since the artwork and storyboards for the video MUST have been shown earlier for approval, and likely have been ready for weeks if not months.

So, the current theory is that this rule might exist, but someone clearly denied Selen's usage of it for less-than-pure reasons - or this rule was made up wholesale just to fuck with her. Either one is equally likely.

>>69732016
Which was the followed up by the greatest PR stupidity ever concentrated into a single spot

>>69731747
Actually Nina and Mysta
Pomu was still in Niji when Selen released the MV

>>69731759
Kill yourself

>>69732407
>So, the current theory is that this rule might exist, but someone clearly denied Selen's usage of it for less-than-pure reasons - or this rule was made up wholesale just to fuck with her. Either one is equally likely.
Maria just released an MV with Pomu in it. Not just an image but Pomu's voice in it even. So this is definitely selectively enforced it seems.

>>69732386
...are you looking at number 2

>>69732200
I don't for a second believe this.
What if they don't have a way to reach a graduated liver? And again, they own the fuck IP. How does it make sense that while the liver plays that character he doesn't own any part of it, but once they no longer play it they do? They pose more threat to Nijisanji graduated while owning the IP. And even if litigation is an option, I'm not sure the legal battle regarding the autistic laws regarding reputation and stuff surrounding Japanese IPs is worth it; they could take all of a liver's money, but that will likey not cover the Lawyer's bill, or return the money of investors as they see Nijisanji deal with another drama that causes the stock to drop.

>>69731759
>Shiori Novella being a massive failure
Explain to me why you believe this is, because her #s are lower than the rest of her Gen?
She’s a holo. They’re successful by default. They bring in bigger numbers than mainstream streamers.

>>69732167
How do you misunderstand someone giving their permission for something? You ask "can I use your X thing?", they say yes or no, it's that simple.

>>69732386
Blind-sama...

>>69732477
I missed that, you're right. I'm tired my bad anon.

So it seems the managers used that as an excuse? But this has never been invoked before so it makes things look even shadier.

>>69732281
>cue
absolute ESL, holy kek

>>69732087
It's what's known as a resistance line. Basically any time the stock comes close to that price it magically seems to rebound which means someone has a vested interest in keeping it above that price. So if it dips below it stands to reason whoever was trying to keep it above will now start to bail asap before it goes any lower until it meets the next resistance line. If there is no further resistance line then the stock is essentially in freefall and will go so low the corpo gets delisted from the stock exchange meaning they are back to a private corpo which is basically a death sentence for a public corpo with the CEO having to make court appearances and stuff to basically convinced everyone he didn't crash the company on purpose.

>>69732545
The bigger thing is they are scattered throughout the video, it's not just the end scene. So the whole idea of 'this got inserted last minute' doesn't hold any water
The most innocent explanation niji has is that their manager was a lazy fuck who didn't even look at the storyboard for the entire duration the project was in development and just signed off on shit blindly.

>>69732360
would they even be able to complain though? aren't they disallowed to bring up in public their stint in the company, hence NDAs?

Enna should really think twice about her career now LMAO

>>69732545
Yes. from the slack screenshots it paints a pretty clear picture that
>Production of the video had no issues
>Everything was pretty much ready
>Selen submits for final check in (someone's probably already seen the storybooards with the ex livers during production, they'd have to be stupid to just completely overlook that from a number of artists
>30 hours no reply, manager finally says they have a "rights issue" considering the ex livers
>TL: bullshitting to stall the video's release
>Selen posts anyway
>they private the video and the internal dogpile begins
>cue the past few week's worth of yabs

>>69732659
NDA's expire

>>69732656
Let me guess:
Manager was another new hire like with Zaion.
Niji took the side of the manager cause they as a company cannot possibly do anything wrong or look bad.
They keep blaming Selen and someone probably goes to tell the talents and that is where shit starts.

>>69732656
Or that there were several managers that got shuffled over the course of the video's production

>>69732815
Isn't there a name for this?
>Hire a new unexperienced employee
>Low wage
>Works there for a few weeks
>Gone
>Repeat the same process

>>69732815
That doesn't make sense. Handovers happen. Imagine if a manager changed and you needed to change your entire software stack for an ongoing project because the new one read in PCMag that Java was slow

Genuine question, why did both Niji and Holo decide to go public? From what everyone is describing here, it seems to be more of a liability than anything else, so why not stay private?

>>69732568
oh my god, queue, cope you fucking faggot

>>69728407
>What is the ramification of Nijisanji going down under?
Australians ruin everything.

>>69732908
Handovers don't happen if you are a goddamn newbie. Recall the 2 week old hire Zaion mentioned?
They probably don't know shit.

>>69732034
Bear in mind the Britannic sunk after hitting a naval mine, so you can't exactly blame it for not being mine proof

>>69732911
Holo doing it partially because they want to make a mocap studio for 3D while Niji doing it purely for money.

>>69728407
It's normal decrease they said, it will bump back you don't understand the market. It's the usual kind of dip they said. Meanwhile Company is publicly on fire, but numbers are soooo different to the business image. It doesn't take much for oversea investors to bail out of a market, especially when it takes a hit and the forecast projections have 'potential' to trend down.
Welcome to the real financial yab Nijifags. Ramification that will lead to terminations. Already told you Enna & Millie, after JP investigations and the fiscal quarter your terminations are up.

>>69732911
Niji
>Riku wanted new yacht

Cover
>Their investors saw how profitable the company was and when YAGOO tried to build a new studio they rebelled and forced YAGOO to go public so they can bail or payback the loans
>YAGOO went with public option but only partially

>>69732911
Cover was forced to go public or sell the company because the angel investors wanted to cash out.

>>69732911
Going public provides more capital to expand the business and in Cover's case that's exactly what they wanted to fund more projects

>>69732911
Riku wanted money and Holo needed money to build its fancy studio. Also, Holo went only partially public.

>>69729118
there might be compliance "training" but there's no enforcement as long as their managers speak only nine words of english and earn 4 bucks an hour

>>69732498
>And again, they own the fuck IP
Yes, but if they somehow have a clause in the contract that states that graduated livers have a limited say in the use + maybe their 2% cut for 6 months after leaving, then they can't just use it however they want.
>What if they don't have a way to reach a graduated liver?
Who knows? Default to yes if no contact has been given within x time? It's only a small time, so barely an issue in reality?
I'm just guessing by what livers and niji have told
>>69732659
>If it is tradition to ask for perms
No, they wouldn't be able to complain right away, but the NDA would expire.
>If their end of employment contract somehow states that ex-livers have (limited) say in how their character is used
Then its a legal issue.

>>69732167
>Hey management can I do X?
>OK sure.
>Hey management I spent 10k and finished this project can it be released?
>No.
Repeat enough times to total 200,000 CAD and you'd be pissed too. She clearly had zero intentions of staying in the company when she uploaded the video, and the company had absolutely no respect for the time, money, or networking she was putting into doing work for THEIR company. Hell, the whole thing with telling people to reupload it felt more like a suicide note if anything with how abrupt it was.

>>69732476
Or Pomu gave general perms to everyone when graduating? Seems like a very Pomu thing to do.

>>69733147
What perms faggot? the character Pomu Rainpuff is exclusively an Anycolor IP, the voice behind the character is not even employee

>>69732911
and go bankrupt because of high interest loans?

if i could go public to finance my college diploma rather than taking loans i would go public as i don't have a deadline to repay that money.

>>69732527
It can't be verbal, gotta be a submitted doc. I think it's retarded but can see why they would feel better about themselves for having something like that in place.

>>69733147
The talents dont own their model or characters. Niji/Any are the ones who hold the rights.

>>69728407
>anykara lost millions due to a literal high school clique
OH NO NO NO NO

>>69730590
En has always been a projection of horizontal business growth. The fact they are fucking it up will lead to stake holders calling for a feasibility test focusing on only JP ventures.

>>69732911
To get funds for their projects.
Anycolor with their stock buyback.
Holo so they could build that cool new 3D studio.
Btw, holo isn’t fully public. Anycolor is though.

>>69730072
Any lawyer in his right mind would think how stupid it is to have a transparent public termination.
Zaion's termination was purely done in malice.

>>69733186
Refer to >>69733122

>>69733101
I've thought for a while now that the biggest thing vtubing can do to not fall off a cliff is get native speakers for managers in relevant time zones. This system of underpaying Indonesians and Japanese students clearly is not working

>>69733333
>a what if scenario
kys

>>69733234
See >>69733122

>>69733137
Spending 200k on shit projects (nothing will fix her singing) is stupid AF no matter how you look at it. You'd think one would learn after the first time to not use your own money on work.

Also, here’s a long (but good) summary:

It's long and complicated and requires a bit of speculation but given the press around Niji stocks, Selen's termination and Niji's overall actions as a business in February it's not too surprising.

• Calling Selen's termination negligible was at a glance aimed at mitigating the impact firing their biggest talent in EN would have on the markets, there was simultaneously a bit of a push by analysts around the claim that Selen only contributed 3% of NijiEN's income, which in turn is only around 17% of AnyColor's income. A fair few people may well have bought this narrative initially, but on closer inspection the whole thing falls apart as an obvious facade. Reputation damage is the obvious factor being downplayed here, but there's also the fact that things like merch sales weren't included in the 3% figure. More problematically is that even if you believe these claims then their top performing talent only making them 3% looks really bad and strongly implies the company is mismanaging their assets. in short, their attempts at mitigating the impact of firing Selen may have slowed down the response by the markets but people are starting to realise what it actually means
• February is a big month for many streamers especially around Valentines day. Where many will have expected a significant bump up from the norm, instead many people in NijiEN weren't streaming at all for an extended period, this in tandem with losing both Selen and Pomu, some of their biggest talents, in a very short period. Getting a large slump when you expect the opposite is going to spook the markets almost every time.
• There has been little to no new merch released around this time either, and the merch they did release seems to have done really poorly (gee, wonder why?) and this is one of their biggest money makers. Another slump.
• Investors and markets caught on to the situation at Nijisanji/AnyColor. Them having recently made a fairly significant stock buyback instead of investing in new projects only for that money to vanish almost overnight is going to spook the markets. When a company has a slump you usually expect this to be due to investments which are set to pay off at a later time or for the company to have some recovery plan. Nijisanji's current strategy on the other hand lacks future prospects and doesn't seem to have much of a strategy either, they're going to have to wait out the bad PR and the markets would have to just trust that, which isn't great
• Often when a company has a slump, new investors can try to capitalise on the lower stock price, anticipating a rebound, this plays into the previous point a bit but Nijisanji's bad reputation and recent actions are likely to scare away such opportunistic investments.
• It's difficult to overstate how bad the impact on NijiEN's performance has been. While on the surface it looks like only a small percentage of subscribers and such have dropped off, this was company wide and these were going to be mostly active viewers, this is the audience that is most likely to buy memberships, merch, superchats etc. These are your main source of income and they left in a way that makes them very unlikely to return, markets looking closely at the situation will realise that a quick recovery is very unlikely and it could well be months or even years before NijiEN is back to pre-2024 performance. Especially with the market itself being fairly saturated.
• for NijiEN to make a financial recovery it would need to start seeing an increase in subscriber counts again, but even with the numbers going back up these will take time to develop into the kind of audience that is willing to buy merch etc. Most viewers will be around for a while before committing anything financially to a performer. They lost months, if not years, of loyal customers in the span of about 10 days. There is no easy or quick way back for them, especially with new gens barely being promoted and thus failing to gain much traction, which brings us to:
• Niji's new gens compared to their competition in Hololive or Vshojo have had a... well... almost negligible impact on the scene, can't even blame the talents for it either as it's mostly been Niji's lack of promotion and development. No major collabs or anything to draw people in, and future prospects look bleak as some of their most popular talents have left and a fair few of the ones that are left are currently in the middle of the PR sinkhole they created.
• TL;DR: Markets are waking up to how bad things truly are for Nijisanji, Nijisanji picked the worst month to start trouble, Nijisanji's future prospects look incredibly grim in the short term and rather mediocre in the long term even optimistically speaking

>>69732911
Cover wanted high detailed KFC. Hololive are going to fucking own Christmas in Japan this year.

>>69732911
Generally speaking, companies like these are funded by venture capitalists, who give them their starting funds in exchange for shares in the company. If the company is smart, as cover and anycolor both seem to be in this regard, those venture capitalist will not own a controlling stock or dividend stock, meaning that the only way for those venture captialists to see a return on their investment is to have the company go public so they can cash out their stock on the market.

So yes, going public eventually is pretty much a precondition of receiving VC funding in the first place, and they would be faced with immense pressure for them to go public eventually so the VCs can cash out. Going public also allows them to raise funds for projects alot easier, as they can simply sell a portion of their stock on the open market if they need a cash infusion, which is what cover did to raise funds for the studio.

>>69732476
There it is. So it's basically confirmed then.
Niji didn't want Selen, one of their biggest talents, to graduate since was nearing the end of her contract. So they bullied the shit out of her, "hyperventilating with joy" when she attempted suicide even, but turns out she lived so they terminated her like they were going to anyway. The perms was bullshit after all.

>>69732769
>>69733122
NDAs can be renewed. If the company actually does have a dirt on their ex-talents, they can easily hold that above their heads so that they can "renegotiate" a renewal.

>>69733333
>A company that has been consistently chasing after profit to the detriment of their talents somehow kind enough to give the talents partial right to the characters.
>Sisters unironically believe this
Have I got a bridge to sell you anon

>>69733320
Lol, Zaion was an idiot with even more idiotic fans.

So you think that Hololive's statement with Rushia was wrong?

>>69733206
A non-exclusive license can absolutely be verbal or even simply inferred from conduct. For example, a newspaper editor does not need your written permission to publish a letter you sent to them because it is inferred from your conduct.
That's besides the point, anyway, since they definitely had written permissions.

>>69733481
Like I said, gonna need some ex-liver to spill the beans to shed any real light on it.

>>69733206
That's even worse, how would she misunderstand not having received the docs yet?

>>69733397
Is it?
It evidently endeared her to dragoons and she literally recouped that in less than a day.
Clearly a good long term business decision

>>69728407
The JP Vtuber market is oversaturated, NijiJP is a big part of that, since they're huge.
With it gone you'd have a lot of big indies popping up suddenly.
A lot of new hires from various smaller JP corpos.
New JP corpos popping up trying to get the scraps.
I think the bigger the corpo already is, the less benefit you would get. Hololive for example would certainly see gains across the board, but nothing massive.
If they play their cards right small existing corpos could benefit greatly. Like Phase Connect's new JP gen.

>>69733543
Dude you'd have to ask Selen but she's been terminated

>>69730072
This is the big problem with Nijisanji, the talents, and the sisters.

As easy as it is to think all vtuber fans are useless NEET retards whose understanding of the outside world is literally through the computer alone...
ENOUGH OF US WORK TO KNOW WHAT OFFICE POLITICKING LOOKS LIKE, WE'VE SEEN IT, WE'VE FUCKING LIVED IT, WE CAN SEE THE FUCKING DUCK IN THE DUCK POND EVEN WHILE JIMMY SAVILLE, REGINA GEORGE, AND ADAM SANDLER'S THE WATERBOY TELLS US THERE'S NO FUCKING DUCK

>>69729689
This, election tourists have gotten to comfortable here.

>>69733558
>big indies popping up suddenly
I doubt it. One of the reasons Niji took the lead was because all the other corpos were imploding from mismanagement and rrats run amuck too.

>>69733479
That sounds highly illegal lmao

>>69733087
>>69733300
Neither anycolor nor cover are fully public. Between the investors and their own shares, cover has about 25% of their shares available to the general public. Anycolor has 14% available to the public, plus another 25% split up amongst other companies/private investors who may put their stocks on the market at any time.

>>69733485
I don't think those situations were comparable beyond the absolute surface level of a talent being fired.

>>69733540
That's why the expiration of a certain NDA running out is going to fucking massacre Niji pretty soon. On top of their monthly graduations, even if they chose not to Terminate anyone as punishment. The bad publicity will easily last till June, which will have another huge yab as if EN stays will get restructured.

>>69733540
If the talents had a say in the use of their IP after graduation there is no way Selens merch would have stayed up in the shop after they publicly executed her.

I wonder how Anycolor's investors feel about the fact that their investment is down 15% at a time when the Japanese stock market reached a new record high

>>69733677
no, no it doesn't

>>69732568
Don't blame esl people for english being horrible and having outdated spelling.

>>69733479
That's called a RICO anon

>>69733558
It would be funny if Phase Connect bought Anycolor's HQ along with the remaining Nijisanji talents.

>Anykara is 2024's upd8

>>69733750
Yeah haha it's so over for them thank god we holoCHADS bet on the winning ho- ACK

>>69733595
That's probably the divide, I've been in office politics stuff but I've also had rogue coworkers nuke our entire team because they got a better job offer somewhere else. I can actually see both sides of the issues while most of /here/ just love the rrats and their confirmation bias.

>>69733479
2 years from now, on a stream by kidney that will debut this year:
>haha, I'm stuck doing this job for one more year
>and a year after that... and after that...
>oops I shouldn't say stuck, management won't like that
>not like you guys care, they could be branding us with a scorching hot iron like we're cattle and you retard fans will still simp for them
>oops I shouldn't say retard! Guess that's one more to the list of my infractions!
>This shit made Selen almost kill herself and you faggots are still here. So I thought what would it actually take?
>Someone succeeding?
>You guys will get to find out. But I wouldn't have my hopes up.
>*BANG*

>*suspended inanimate live2d model persists for 2 more hours until management pulls the plug (that's how long it took them)*

>>69733845
Cover didn't waste billions of yen on buyback tho?

>>69733659
I meant the bigger JP talents. Some would decide to go at it alone.
There are so many fairly big JP members that some are bound to gain some degree of success as indies, retaining enough of their previous fanbases that they can continue vtubing as a job even as indies.
Others would show up in other corpos, probably the small ones that can pick them up quickly.
Hololive might end up picking up a few heavy hitters if they decided to take advantage of the vacuum and fast track a new JP gen.
>>69733824
That seems impossible.
Swooping in to gobble up a few former organs though, seems very possible.

>>69733479
There's always the possibility the ex-talents are just waiting for the exact time to click post on what they already wrote.

THE RIDE NEVER FUCKING ENDS

>>69733845
this is some of the most delectable cope

>>69733845
Cover is actually healthy though despite their dip.

>>69733558
I don't think so with indies, one vtuber I watch have 150k subs, but only 200 cc. The market is rough

>>69733485
Zaion was someone who just pissed some people off for a laundry list of very mild reasons, Rushia went full retard giving discord logs to korekore in front of 200k people. Both were terminated but I don't think they're that similar. I think Cover is more likely to pretend people aren't fucking up until it becomes too much, Rushia was already at strike 2 before the final nail in the coffin. I mean Lap would have been Zaion'd if she was in NijiEN.

>>69733845
>not buying the dip

>>69733711
How long do NDAs usually last for?

>>69730583
so probably means there is an upcoming graduation in March either in Main branch or in EN. Since Selen wants to graduate, they can't let her as it would be bad in their reports which iirc should be coming soon as Japan's fiscal year ends in March so Niji's option would be just to terminate her. Problem with Graduation quota solved!

>>69733845

>ndf doing the usual thing

>>69733811
genuine question, but can that be applied to a Japanese company? I'm not too familiar with RICO, but I assume this is US law.. Would that apply to a contract that most likely has venue in JP?

>>69728407
They could've spent $50k a year on a competent EN manager who can speak Japanese and this would've prevented all this.

>>69733960
It's endlessly hilarious how cover bought a studio for about the same amount of money

>>69734067
>RICO
>US law
Hahahahah oh anon you're so funny

I don't know whwre to post this, but I feel bad for Pomu. If Fairy of AKIBervse was relased under jololive, that shit would've popped off instead of languishing with almost 300k after 1 month even with a graduation buff.

>we love reddit now

>>69730583
After Doki claimed she wanted to graduate but got terminated instead, that's exactly what I thought.
Some retard actually made an infographic out of that interview, but cut off the better part of the interview. If Riku actually did the cut off part of the interview, this disaster won't happen.

>Elira sank the company by being a petty cunt
KWAB

>>69734067
Last year they nabbed a billionaire singaporean military contractor for supposedly keeping a black book about US navy personnel

>>69731917
Anycolor tried to frame it as NA fans now supporting JP instead of EN. I don't think that is true, the amount of people in the West who care about Japanese vtubers not in Hololive are very few.

>>69734109
Make your bed lie in it etc. If she wasn't Luca's cocksleeve MAYBE I would've felt bad about her. Same with Vivi, turned out the same as everyone else

>>69734131
Reddit is still filled with retards anon. But that doesn’t mean the info is false. All of this is public, sources have been posted.
Heck the buyback report is proudly on the IR section of the Niji website.
yes, Reddit bad, but dunking the niji fags is good

>>69734182
so it needs a tangential connection to US subjects, ig..

>>69733558
About that [from investigations by rrats around early January]
Anycolor: https://ssl4.eir-parts.net/doc/5032/ir_material_for_fiscal_ym2/137288/00.pdf

Cover: https://contents.xj-storage.jp/xcontents/AS05169/4f1872d7/00b1/4608/ae53/91e8fe62579e/20230512160316925s.pdf

Anycolor PP&E as of April 30: ¥209.6 million/$1.45 million
Anycolor CapEx spending as of April 30: ¥68.6 million/$475.3k

Cover PP&E as of March 31: About ¥1.9 billion/$13.2 million
Cover Capex spending as of March 31: ¥1.46 billion/$10.1 million.

I used OANDA's currency converter for anyone who cares. Cover also has huge expenditures on software intangibles, which I think are HoloEarth investments.

It really opens the eye to how much Anycolor just hoards the money like a dragon.
Cover has 87 talents, this means 16 million jpy reinvested per talent. 116.1 thousand usd.
Anycolor has 180 talents, ths means 0.38 millon jpy reinvested per talent. 2.6 thousand usd.

Imagine being Riku. I wouldn't be surprised if he legitimately wants to murder Elira.

Explain to me like I'm a retard how the stock buyback could've improved the situation

>>69734248
US and their ally

>>69733558
Honestly I have a hard time imaging what will happen if NijiJP goes under. Will VSPO become the #2 corpo? Neo-Porte? 774? That agency run by Tamaki?

>>69734026
depends on what the parties agree to, but it usually shouldn't be more than the duration of the main contract, OR if this is a post-contract NDA, 1-2 years.

>>69728871
So... the Costa Concordia of VTubing?

>>69729118
> So what's your plan on preventing talent suicide?
> We tell them to shit the fuck up

Holy kek.

>>69734296
people get money. people stop whining.

>>69734296
They were banking on a successful February from valentine's gfe/bfe to make it seem they are back on the upswing after firing their best EN talent in the middle of the graduation queue.

>>69734198
Can't investors do a case suit for false reporting?

>>69734248
>YouTube is an American online video sharing and social media platform owned by Google.
>Google LLC is an American multinational technology company focusing on artificial intelligence, online advertising, search engine technology, cloud computing, computer software, quantum computing, e-commerce, and consumer electronics.
hmmm

>>69733962
Mito is a low 5 view on average, same for Ange. Lize is a bit bigger.
Those are just a couple, they have a lot of members like that, and a LOT still in a very significant mid 4 view range.
They aren't going to disappear. Their viewers won't disappears.
Some will join corpos. Some will go indie, struggle, then go corpo.
Some will go indie and succeed. Not as big a they were before, sure, but as an indie you need a lot less to be profitable.

>>69734131
Always did, and I'm tired of pretending otherwise

>>69734434
new angle for the ndf here

>>69734395
hmm, their NDA would have nothing to do with youtube or google though, it would just be between anycolor / and the talent, no?

>>69734285
Riku is the one that needs his investors to not see "graduations". I don't think he was kept completely in the dark.
>>69730583
>>69731630

>>69734296
stocks go down when people sell them
stocks go up when people buy them
when you buy your own stock the stock goes up and the stocks you own cant be sold
it's more complex but that's the simplest idea

NUMBERS!?

>>69734369
>>69734385
I see, thanks.
>successful February from valentine's gfe/bfe
lmao

>>69734030
>anycolor in shambles after reporting their financials to investors
>meanwhile cover abuses their new studio for their 5th fes which ends up being a huge success
Can't wait.

foreigners, buy the dip, please

>>69731630
I dont know about that. The adressing the issue stream certainly wasnt in talk with Rikus apology hours later considering they had to make a follow up tweet
The clique is definitely rogue

>>69733558
so your telling me my oshi in Re:AcT finally has a chance?

Imagine being labelled a Black Company and then being a bad stock. Livers better have a plan B & C at this stage.

>>69733485
Look at Rushia's termination notice. Then compare with Zaion's.
One is a professional NDA termination, clean without details and repeatedly protecting Rushia by discouraging any attacks on her.
The other was a character assassination with bullet-point list of nothingburgers. Encouraging fans to attack this bitch,

Hololive has many professional termination and graduation notices for Nijisanji to copy. But they chose slander and pettiness. It's not how a JP corpo normally handles this, but more like the Chinese.

>>69734499
are stocks so important they had to basically burn money to salvage them? it didn't work anyway from what I've seen

>>69734030
Can't wait to see Shiori in an idol costume

Ultimate doom rrat worst case scenario is Nijisanji pulling the plug on the entirety of the EN branch for JP merger. Being very selective of the talents they do keep. Besides my Mass Exodus list I should probably consider a Saved by Riku list for JP merge.

>>69734696
stock price represents how the company is perceived to be doing.

>>69734704
>Advent
Next year anon, along with ReGloss

>>69734648
Mel's termination notice was kind of icky though. It's like Cover was apologizing.

>>69734331
Don't count on Nanashinku (774 inc) taking the No. 2 spot because they're dependent on Anycolor's Vtuber tech. Without Anycolor, Nanashinku might not survive.

>>69734562
I will think about it after manipulating this image some more

haro, normal japanese person here, not Tazumi.
how to save situation?
thanks you
not Tazumi.

>>69734728
Who even talks coherent japanese in EN again?

>>69734562
Just bought 100 shares in Cover. Confident that it will rebound.

Read unable to short Niji. Is this true?

>>69734696
If the investors are dissatisfied enough they could unite and oust Riku from executive, Riku's 65% ownership be damned

>>69734296
Two things. Stock buyback forces price of stocks to go up which hopefully attracts more investors. You also own a larger portion of your own company which you can sell off at a higher price later if you need cash. So in Cover's case they sold some stocks to get cash for their new studio. Obviously the investors are gonna want to sell at higher than purchase prices so months or years later Cover could buy back those same stocks and as long as the price stays stable or goes up the corpo isn't really losing anything. The one caveat is if said investors are actually playing the long game to become majority shareholders in which case your fucked. But overall stock buybacks are never a good move for the corpo. It's great for investors since they get to cash out a higer return, but stock buybacks inherently bake in their collapse since if the company financials and its stocks were actually healthy there wouldn't be a need for stock buybacks in the first place other than to prevent outsiders from meddlingin company stuff.

>>69734783
naked dogeza

>>69729118
Poultry

>>69734756
Even without that 774 has been declining over the past few years and I really doubt this is going to give them the rebound they need to leapfrog back up

>>69734754
They both were. Pretty sad.

>>69728871
So they are doing it on purpose...
But why

>>69734783
you know what you must do.

>>69734784
Funnily enough I enjoyed Melcoco & Reimu in the Pizzeria gang last GTA VCR.

>>69732908
That shit literally happens. The next guy comes in and decides everything was done wrong and the bosses go along with him because the project is already overbudget and fucked up the ass.
I don't think it was a manager change personally, I think the approval was done half-assed or there wasn't as much focus on the unpersoned livers in the storyboard. It's still Selen's fault for doing a unity cover in a company that shits itself over perceived offenses.

IM GONNA PAY FOR ANY NEGLIGENCE, JUST WAIT. I'M STILL MILKING MY COWS.

Literally what you get for dealing with the chinese. They are true subhuman scum. Hololive got lucky Coco made them go away, actually.

>>69734728
>Saved
Luxiem
Noctyx
Enna
Millie
Hex
Aia(as a joke)
Ren

>Gone
Aster
Finana
Anything that debuted in 2023
That girl with an eyepatch
Aster again

>Leaving of their own free will
Scarle
Rosemi
Petra

>Wearing concrete shoes at the bottom of Tokyo Bay
Elira

>>69730583
wtf is this? so their completely retarded behavior regarding terminations isn't due to a shitty PR team, but it's PLANNED? the fuck?

>>69734696
If the stock starts going down too much, shareholders start to panic and start selling, which makes them go down more, it starts a chain reaction
Companies that dont pay dividends to shareholders are especially vulnerable in this area, the stock value is all the shareholders have

>>69734860
to make money anon
why spend money on management or tard wrangling when you make the investors happier with better profit margins.
as another anon posted earlier… cover spends 50 times more on each of their talents compared to Anycolor (110k USD to 2k USD).
they’re betting on their investors to be retarded enough to ignore the fire overseas and pretending it’s “business as usual.”

>>69734878
https://youtu.be/sJBz5xJx4aU?si=lzPq5cGN2CH8CyHH
Fug man, I remember before being a rrat how much fun JP was. None of this yabbing shit. A pity everyone /here/ is terminal unicorn.

>>69733485
> Statement with rushia
What statement? "Talent's private life aren't our concern " statement?
Or the brief and concise "rushia broke confidentiality" statement ?

And you're comparing it with the SJW fueled essay that's ZAION's termination?

>>69735028
Just a rrat for now. If there's graduations only in March and April then yeah it's probably confirmed.

>>69735076
>being a rrat
Fuck off newfag

>>69734816
so the stock buyback was a hail mary, I really wonder what longstanding effects this will have on nijiJP

>>69734756
>774 inc
aside of patra (graduated) who are relevant enough to gain notoriety?

>>69735014
Reimu's probably gone, if they wanna consolidate best get rid of the odd ones out. The Columbian is gonna be a liability in waiting

>>69733783
Blackmail does in fact sound highly illegal

>>69734783
Start hosting NTR gangbangs for your fat bastard investors. Mandatory OnlyFans.

>>69735096
No one has been bashed this hard on the JP side. I don't think there has been a termination on that side since Meiro. Gundou doesn't count since she was fed up with the shit anyways. I mean we know Maimoto didn't graduate because it'd look really bad.
Only EN has had these execution terminations.

>>69735130
Heh, enjoy the NDA & March Financial yab, along with March's graduation of 1 male & 1 female talent.

>>69733479
ummm, blackmail doko??

>>69734783
convince an old fool to buy your stocks

>>69735182
It'll all depend on whether or not Niji starts to apply for loans. If they do then they'll most likely be bankrupt in 5 years.

>>69735389
https://youtu.be/Cjqd1GZIhjU?si=KfUVTBCQPWA3xXnJ&t=84
You get to drink out of a Liver's cooch

>>69735014

>>69735441
They're sitting on top a mountain of gold. They're dripping in liquid cash.

>>69728407
EN collapse soon

>>69735495
>thinking that hasnt all gone mysteriously missing
oh anon, you innocent bab

>>69735578

>>69731630
Anon this would mean this bullshit is much older than any clique fuckery that might have happened. Who knows how old that policy is. Considering how this place has been breaching containment expect Riku to be in some deep shit with JP investors too.

>>69735495
They bought back their own stock from investors to the tune of something like 20 million dollars and are in the hole by almost as much since the stock depreciated below even the level it had been before the buyback

>>69735495
I wasn't saying they were broke, just that if you see them applying for big loans then the writing is on the wall that Riku and current investors are planning to cash out and bail before it officially goes bankrupt.

>>69728407
Everything will be solved once Elira offers the investors her evil cunt for life. You guys are thinking too much.

>>69734696
You actually need people who want to buy your stocks to sell them.
So if you want to get rid of your stocks, you price them at 3200 and try to sell, no one buys.
You drop the price to 3190, no one buys.
Drop to 3180, no one buys.
This keeps happening until the price crashes through the floor if absolutely no one buys.
Everyone can see what the price of the stock last sold at.
So if Anycolor buys it, then you can see "aha, someone just bought the shares at this price, there's a much better chance of this being the 'real' price."
By doing that you can stem the bleeding.

Meanwhile in JP, they open up another round of auditions for VTA.

https://twitter.com/VTA_ANYCOLOR/status/1760583417111208113

I doubt that they'll get new recruits in the future.

I will invest 10k in both anycolor and cover, and I will forever anti the company whose stock performs worse in the next 6 months.

>>69735883
Unfathomably based.
can you yell at riku during the shareholders meeting for us

>>69735809
Have you seen her face? Don't rich men fuck attractive escorts all the time? I don't think they'd take the offer.

>>69734784
Meloco and Kotoka

>>69734884
>still Selen's fault for doing a unity cover
fucking selen

>>69735853
So like NFTs?

>>69732034
morphogenetic fields

>>69735372
>1 male and 1 female

>>69735878
How many VTA members joined the company? 2?

>>69735993
It doesn't matter. They want to taste the meat, anon. That's much more better than having seggs with someone beauty. Fuck and eat a fragile evil woman who once a star, the two together. You don't know how much them fuck heads will pay to fulfill that fetish alone. And for her being missing, the yakuza will do the rest.

>>69736263
Two students are still streaming as we speak. The rest are either preparing for their Nijisanji debut (which I doubt it), or got purged last year.

>>69736263
At least 15 by my count, that's just the ones that publicly streamed during their time there. I remember reading somewhere that not all of them actually do that

>>69736163
I mean, where do you think NFTs got the idea from?
The difference is that NFTs are worth fuck-all outside of the similarities in their 'economy' to the stock market.
On the other hand, if you hold shares in a company and it pays out dividends, it is legally bound to pay you dividends in proportion to the amount of stocks you hold. If a company enters bankruptcy, there is a class-action lawsuit, or any other similar things, stocks also may grant you legal standing to secure money from the company.

if EN goes down and a bunch of the talent and staff lose their jobs will doki try to an hero again out of guilt?

>>69736522
Nah, if anything you'll see ex-Nijis groveling for a collab to exonerate themselves from the allegations.

>>69731376
Sister, I saw you trying to pull this shit yesterday and it didn't work, what makes you think that people will suddenly become retarded and start believing you now?

>>69736522
>actually believe in the lie
How stupid can you be? If she ever cared about anyone else, she wouldn't do that. She's a gambling addict. She'll make her life miserable if she keeps throwing her money like that.

>>69736418
Anycolor doesnt actually pay dividends
you're allowed to not pay dividends in a startup growth phase, it's bizarre to do it when you're reclining and doing stock buybacks

>>69736658
i have no clue what you are talking about in the slightest.

>>69736522
>if EN goes down and a bunch of the talent and staff lose their jobs
Shit happens, that's life. Most of them are talented enough to go indie and be more successful than they are now. As for the rest, they could just get a new job.

>>69736684
I mean, yeah. Cover doesn't either. In fact it can be a negative signal, it's basically telling investors "I am not confident in my growth so I need to pay you interest to hold on to your money"

>>69736522
why would she be guilty about her bullies seeing the repercussions of their own actions when she never named anyone or even said anything about any talents doing it?

>>69736711
Drama newfag

>>69736831
Niji did a stock split just last year.
so they tried a stock split, a buyback
And their stock is still in the shitters.
At this point, I’m convinced Riku is just plain retarded

>>69736899
because it would involve others being taken for a fall as well

>>69737038
They'll try to sell NFT's next, and sell tokens like 'Rosemi Lovelock's actual bra.' and it's art done by rosemi's vtuber mama

>>69732407
Also what happens if the livers graduate during the course of your video production,
will you keep editing it until no one remains in the mv?
I am guessing editing out the livers and perfectly syncing with the audio would have taken even more time and money.

riku sneakers when?

>>69730308
*shakes his water bottle*

>>69730481
>what now?
ACCELERATE

>>69736831
Both companies sold themselves as tech companies so the expectation is that in exchange for not being a blue chip stock and paying dividends, the expectation is that the companies need to grow and expand their businesses at tech levels. The problem is that growth is flatlining or in Anycolor's case, going negative as things have gone terribly wrong there so valuation and stock price will decrease. Cover is still fine but the fundamental issue remains so it will run into the same problems eventually on the financial side.

>>69737418
Cover's plan as laid out in their recent document is that holoEarth will allow them to explode in growth once launched, because videogames = gigantic industry - or at least that's the simplistic narrative they need to convey to shareholders with zero grounding in the industry. Personally I am extremely sceptical, but that's what they claim they're going for.

>>69730481
A few good financial reports will stop any bleeding.
Anycolor is gonna be fine. Nijisanji is nowhere near failure no matter how many people wish for it. Their Western image is in bad shape but will rebound as long as no one adds gasoline to the fading fire.
If Nijisanji was in any real trouble their subhuman JP fans would be on defcon 2 at least.

>>69735878
I completely forgot about the existence of Nijisanji's VTA...
Is that thing even viable? This is such a weird concept.

>>69737628
Yes and that is most likely the thing that will get them into trouble with investors and set back the company. It's supposed to be launching this year and we've heard crickets on it so I don't think things are looking too hot there. Investors don't care for now but they will be hounded by questions once results don't materialize. It's legitimately the only real downside to Cover at the moment anyone can actually point to because you don't know the lengths to what Cover would tell their talents to do to prop Holoearth up which can negatively impact all the talents there. Additionally, if they have to burn more cash there, there's less to actually reinvest to the talents themselves. So we'll just have to see what happens.

>>69737751
>we havent heard anything that means it is shit
nice leap

>>69733397
It's reinvestment, expands her viewership, and cements loyalty

>>69737786
Anon, Cover isn't like Apple techwise in either execution or product rollout. They don't have the benefit of the doubt here or a track record to say they can pull this off, especially when you look at the tech they have been using with their talents and how they should be ahead in with model rigging, facial tracking and etc. Indie solutions like Vtube Studio, VSeeFace and Vnyan blow them out of the water in those aspects or any other corporate solution.

>>69737040
Who says there's anyone left there that wasnt part of the bullying?
What kind of person would choose to stay and work with the people who did that?