>First comes the dreamers, then the bankers, then the salesmen, then the sharks, then the desperate, and then the thieves.
>bait.jpg>shitpost threadYup, it’s a /#/shitter again
Don’t care gonna keep watching the Bib
?
>>107495123It's really only Hololive that is struggling. Everyone else is doing just fine. Nijisanji viewership is up, Brave Group viewership up, Phase Connect viewership is up. From the financial results it's only Hololive that is struggling there too failing to hit revenue and profit targets in Q2 this year leading to their stock collapsing. Meanwhile Nijisanji has been putting up better revenue and profit numbers than ever before and their stock price has soared as a result.
>>107496830Whats considered to be brave groups main attraction? Names, I mean.
>>107496974VSPO, HimeHina, Neo-Porte and Stellive. Brave acquired the latter two this year.
>>107496830But how does make any of the streamers more interesting to watch?
>>107497105Brave also owns Riot Music, but they don't do much on the streaming side
>>107495123Is this a quote, or did you come up with it?It seems well considered.
>>107495123>ThievesVshojo had that covered
>>107496830>Nijisanji viewership is uphmm, i wonder why
>>107497129Its a bit of a black box from the outside, but from what I've seen - they could use letting their unique contributions shine and matter more. They take great inventive people and neuter them. It wasn't always this way.
>>107497105their portfolio is still massively in the red because of the other ten or so companies they acquired that's not performing. It's not sustainable and I fear the day they come knocking on vspo for returns.
>>107496830Ever since a few months ago (around apr-jul) niji went all in into shortsmaxxing and it's working. They've also started to release focus group songs, accompanied by a massive shorts push from their harder hitting channels to aim going viral with.
>>107497465They've beaten Hololive on viewership two months in a row now. And Hololive is down on viewership year on year in both months too.
>>107497193They have been botting damn near ever metric possible to pump up their stock for a sell off to sony.
>>107497371Yeah brave group is losing money every time they publish financial results. It's harder to get figures for them because they're not a listed company but they still get released sometimes.https://gamebiz.jp/news/411476
>>107497873blame the game not the player, if it works then why they should stop?
>>107497883It's crazy how nobody besides Anycolor and Cover seems to be able to turn a profit on vtuber. The third biggest player in the industry is losing money. The biggest western player vshojo collapsed due to finances imploding. Smaller players have to shut down all the time. Even Sony shut down Prism project after buying it. Even the second biggest company Hololive has a shitty profit margin, making net profits of about 10%>
>>107497983Phase is thriving kek
Nijiniggers cheat so blatantly it’s fucking disgusting.No actual human watches their whores.
>>107498030Honestly there's not really any way of knowing how they're doing financially, they don't publish any results.
>>107496830>the number is going up so things must be good!kys, neocon
>>107498664That’s how companies work yes. If you don’t like that watch indies.
>>107498712I think its more subtle than that. When companies forget the subtlety, they start losing their place in the market. As anything in life, single step thinking will sink you.
>>107497983Most western players colapsed due to sheer incompence and fomo. The truth is that there isn't much money to be made in vtubing and line goes up finance bro mindset doesn't work with it. The companies who are thriving seem to be the ones who keep it small and don't go public.
>>107495123I just want a 2 view who plays games, streams consistently, streams NA afternoon hours, doesn't do collab shit, and doesn't do idolshit to become a holostar so that i can actually have a holo i want to watch.
>>107498882>a veritable mountain of said private, small chuuba companies are currently ashes>thriving
>>107498882If anything the only companies that seem to be thriving are the two giants Anycolor and Cover. Cover has seen better days but it's not losing money or on the verge of bankruptcy like half these small corpos are.
>>107498882>line goes up finance bro mindset doesn't work with itThat’s ultimately what you need to keep going.Even if you can afford a year of little to no revenue, at some point you need to make actual money. This isn’t silicon valley where you can just hope google buys you out.
>>107498942Phase-connect, 774, noripro and aogiri are doing fine so it's not all doom and gloom if you know what you're doing.
>>107499063In this industry you hope Brave Group buys you out.
>>107499095In terms of viewership those all seem to be doing fine. But when it comes to financials for all we know phase connect or other groups like them could be about to go bust tomorrow.
>>107499095>>107499280Actually with 774 you can kind of see how likely they are to go bust. They got bought out by an advertising agency in 2023 and that company Adways is publicly traded.https://ir.adways.net/en/The others though yeah I don't think they're publicly listed/traded companies. So little to no financial information on them.
>>107499063When companies forget the subtlety, they start losing their place in the market.As anything in life, single step thinking will sink you.Finance bros are made of stale information.
>>107499437774 was owned by adways all the way back to when it was a company named adways labo that ran a 3d printing site, but until recently they didn't talk about it so the only reason anybody knew was because of the public tax records. Apparently adways is pretty hands off. I think its kind of a pet project of the former company president (still and advisor or something IIRC).
>>107500385I think for some reason I confused the renaming to Nanashi link and deleting of all the sub brands like Honeystrap and vApt that happened in 2023 with a takeover. But the main point still stands. You have a listed company publishing financial results to be able to judge the health of the overall business at least. Even if you get no information from them about the vtubers.
>>107496830Anycolor Q2 financial results will be published at 01:30am EST tonight. Good chance their stock price is about to crash if they don't manage to hit or exceed all their targets.
>>107500742better chance you'll make the usual copes when it doesn't
>>107500809I think you're confused about what I'm saying it's pretty hard to argue that there's not a good chance their stock will crash if they don't make their targets? If they'll make their tatgets or not is completely different matter.
>>107497193>>107497873lol
>>107501196I love making up fake scenarios too.
>>107500742>>107501196So what's the cope that when doesn't crash?
>>107495123i actually agree you
>>107496830Hololive relies on merch sales which are much harder to hide or manipulate. The merch is either sent off to customers or it's sitting in a warehouse. Streaming numbers can be botted which is why other vtuber companies can trick investors more easily.
>>107495123>>107496830>>107497170>>107497193>vox's love slave samefagging
>>107501456anon what's your opinion on this >>107501252?
>>107501456You know Nijisanji sells far more merch than Hololive right?
>>107501312feels like they'll overshot expectations on both event/goods segment because SitR Hiroshima was pretty crazy. The average fan can open their prtimes page and see what goods went on sale for the quarter. For event, not sure if Seize the Day is part of Q2 or Q3, but that overperformed as well and convenient if anycolor wants to hedge the numbers in either quarter (Q3 has Crossing Tones + four events in january + nijisanji day anyway, they'll meet their target for sure).Goods wise Q2 has volta, smc, cnr anniv, sanrio heroes goods, and nijistore 5th anniv campaign. those stable earners alone should meet FY26/Q2 target easily. Add Idios stuff and nijitaun and I'll leave the rest to your imagination.
>>107501312They botted their revenue duh
>>107501804Nijilies
>>107495123Couldn't be fucking happier. I dropped VTubers months ago, now I'm a Bungulator Chad. I genuinely hope this hobby dies before the end of next year.107497129107498664107497193107501456107501506Seething Miggerkike Holopedos
>>107502045>me when I pretend I know what I'm talk about
>>107500742faster 'log today...
>niji financial results come out>en declined>jp grew by a larger amount than en declined>stock rallies>some esl makes a bait thread about niji dying but everyone makes fun of him because the company grewt. from the future
>>107502431They do though. Check the financials.Anycolor FY 2025 sold $178 million dollars worth of merch while Cover only sold $131 million dollars of merch.
>>107502872>believing kurosanji's financialsActually retard detected
>>107502808EN hasn't really been declining in a long time now though, just hovering around the same earnings. They've been making roughly $4 million dollars a quarter every quarter for the last 5 quarters straight.
>>107499280with phase you are right we have no way factually of knowing, but there are other signs that show some health.they have always spent what they have earned. years where they did'nt earn alot, they didn't spend a lot. you can tangibly see what they are spending their money on which suggests they are making money to be spent. this isn't vshojo who only had a start up budget, burnt thru it, and then got $500,000 in charity who stole it and you ask where did the money go?phase are spending money right back on their talents. you see it in concerts, 3d, outfits, conventions, projects etc. also phase girls are not vshojo girls who have money in the bank and will let 6 months of no pay slide. if pay periods start getting missed, we would hear about it because phase has loud mouth talents who would publicly ask where the fuck is is their moneyalso sakana himself is a multi millionaire and phase is only one of his ventures. there is a timeline they could operate at big losses, but it doesn't matter so long as he is fine pumping his own equity into it because he is a crypto bro who likes traveling with girls every weekend and bragging that he puts on concerts. i don't think this is the case too much tho because the thing about millionaires is they don't like not seeing return on their money and if something becomes a money pit they will pull the plug.for me the first warning signs of trouble in phase is when you see their convention schedule decrease. they do a lot of business at conventions, and if they stop going to those, then something is up
>>107502808I mean it's pretty clear by now with how their stock price in PTS is rising, most likely the result will exceed expectation and they will propel back to 6k line, even to 7k if it's that fucking good.Cover already received some crumbs yesterday on the last 30 mins.
>>107502958You must be either crazy or delusional, or both if you think a stock in Prime market dare to lie about their financials.
>>107501804>You know Nijisanji sells far more merch than Hololive right?Nijisanji sells more merch than Hololive in Japan but what about the EN market? Luxiem was huge success but most of their fans were in Asia so even their biggest gen wasn't really due to the western market. Hololive was the only Japanese vtuber company to really take off in the western market even if 2021 and 2022 were the best years in terms of viewer numbers. Most EN vtuber corpos have declined since Covid lockdowns ended. Botting is rampant to hide that decline from investors but Hololive EN had the least decline. I doubt that Cover even botted the recent EN gen anniversaries since they didn't even attempt to boost Advent which they frequently did during their first year.
>>107503293Who cares about the EN market? It's tiny and pathetic in comparison to JP. The audience for HoloEN is like 1/10th of the viewership for HoloJP and that's an example of a "successful" EN branch apparently.
>>107503293>but what about the EN market?Nobody cares about itIt makes no money
>>107503293Alright. Meanwhile niji is hitting it big by focusing on the domestic market and core audience. And with the recent stock trends, sounds to me that holo is stretching themselves thin by trying to gain "global dominance" from a niche entertainment genre.
Nijijeets working overtime lol
>>107503522Where's your argument tho?
>>107503293There's no denying HoloEN > NijiEN, that one is clear. The question is can they close the difference in profits on the JP side though?Anycolor has pretty much forsaken NijiEN, and that's not something new to them since they already gave nothing to other runts in their company anyway. Cutting them means less cost, and depending on how much NijiEN brings they could be self sustainable even if that means no profit.As for Cover, they already had to do write-off for the merchs collecting dust in their warehouse, then there's also the 15% tariff making everything pricier for the prime consumer of HoloEN which will lead to lesser merch sold, and more to collect dust again.
>>107503293hololive taught me that being popular globally isn't worth it. China is trigger happy, they WILL find an excuse to boot you if you find success as a japanese company there (holocn incident and how A-STAR got pushed to replace holo's post in china). And recently they outright chase out japanese performers over political tensions.Korea will throw a tantrum the moment any talent wears even something slightly reminiscent of showa-era japan or when they make random finger gestures offending those small-dicked, feminist-cult buckbroken plastic monkeys. SEA/India doesn't even warrant any mention. Yes they are numerous like roaches, but have extremely low purchasing power. They're loud chimps that will shit up your community and chat.The western sphere has massive issues with logistics in general, being half a globe away by default, and has a completely different cultural base where your talent HAS to standup for LGBTQIA++++ or they're literal nazis. They will decry japanese idol culture and demand a layer of vulgarity and baseness that goes against the original fabric of vtubing, make explicit references like "keyfabe", "roommate" and "lore" that's unthinkable if you have spent any time on a jp fandom.
>>107502971It's great that you think all that from your outsider observation and all but I'll take it all with a grain of salt. Considering the only companies that have managed to prove they make a profit without a doubt are Anycolor and Cover and even the third largest company in the industry is losing money every year. Among a sea of small corpos that have shutdown due to losing money. And even vshojo was losing money while people would have sworn up and down they were a huge success until a few months ago. To me as a neutral observer taking everything into account it makes the most sense to me to assume any given vtuber company is losing money until they give hard financial data proof otherwise.
>>107503810The opinions of /vt/ "industry experts" are really the last people you should be listening to when it comes to how a vtuber company is doing financially. Especially if they frequent the numbers thread, it seems laughable now to think back before Anycolor and Cover did their IPOs the prevailing opinion in that thread was Anycolor was failing financially and about to go bankrupt any day now while Cover was making money hand over fist. Only for it to turn out to be the complete opposite with Anycolor being by far the most successful company of the two financially.
>>107503810you can't prove that they have never made a profit, either.all we have to go by is that they are around, the money is there to produce events, concerts, outfits, talent has never complained about money and they are paying on time (until they aren't).
>>107503977Yeah basically Cover gambled hard with HoloEarth and they lost bigly, not just with the development cost but also all those people they hired for it and now can't fire because laying off in Japan legally is laughably difficult.
Riku is just a superior business man when compared to yagoo,
>>107504157Yeah because he pays his talents only 2%Great guy
>>107503293the biggest western vtuber corpo was vshojo and their revenue in a year was 1/10 of revenue of the shitter in decline like nijiEN, western market is a fucking joke, most of it are SEAnig and latinx monkeys without money but with loudest mouths instead
>>107503477Which is why you see more and more event and collab streams with multiple talents going to JP hours, which is pretty fucked.
>>107504028Yeah you're completely right I can't prove anything. I just think in the absence of evidence it makes the most sense to assume any given vtuber company is losing money until proven otherwise with hard data. Considering the only two that have ever been shown to make a profit are Anycolor and Cover, meanwhile I wouldn't be surprised if it was into the hundreds now on the count of failed vtuber agencies.
>>107504821either way if Phase is making money or losing money, I don't think it is a crazy amount either way. if they have loses, they are probably manageable. Like you wrote, there have been hundreds of vtuber agencies... and most of them are gone. only the ones who generate something (or generate enough money to keep the loses manageable) are really still around.they have been around 5-years, so they must be doing something right or had been doing something right up until this point. I understand the Vshojo fiasco throws a wrench into it because they also were around for 5 years and it turns out they were the Wizard of Oz it was all fake, but Phase are a different set up. they have avenues to make money that vshojo never tried to do. vshojo was a party and wasted money on itashas instead of trying to be a serious company
>>107505157Phase has a traditional vtuber revenue split modelThe phase CEO is also a chink jew who refuses to pay for anything that he thinks wont make profit, Vshojos model relied on venture capital, they raised 13 million and ran off that until it ran out , their revenue split was non existent and replied on hype to get retards to invest capital,
>>107497810It's honestly incredible that the homos had that much of a power gap over a female-focused company. I guess unity was the answer all along.
>>107503638I don't think much has really changed at all about how Anycolor has treated NijiEN to be honest if anything its probably better than it was in the past. They get 3D, they get convention appearance and performances, they do main channel "event" streams every now and then, they have started producing 3d shorts with loads of members recently, they still do the official clips, they have been doing youtube 3d concerts with each wave one wave at a time for the last year or so. I'm not sure what they would be perceived to have taken away. They get more stuff now in terms of content that fans actually want to see than they did when Luxiem was at its most popular even. The only group that even had 3D during that period was Lazulight.
>>107497873Does Sony want vtubers? They had their own agency for a while, which they almost completely ignored until cutting them loose.
>>107508821There is no reason to think they would be interested in dropping like 5 billion dollars on purchasing Anycolor.
>>107501456Brave is known to sub bot talents
>>107497873>anycolor is botting but somehow they made more money than coverwith that stream ccv, cover should have made 10 times money of anycolor but that isn't the case, i wonder why huh?
>>107509387Cover deliberately earns less money to flex on kurosanji.
>>107497193Who the fuck even is Sable?
Wake me up when Riku purposely crashes the domestic Vtuber bubble too.
>>107497465>shortsIt is interesting that a lot of holoEN members have started going all in on spamming shorts in the second half of this year after not posting any previously. Gotta be a directive from above.
Definitely you'll have to accept focus groups instead of magic.
>>107501252>even with bots views are dropping lol grim
Which agency will go under next?
>>107501508Nijinigger falseflag
>>107496830>over double the viewers>4% aboveembarrassing honestly
>>107509189Didn't they buy Miku or some shit years ago
>>107509387>anycolor is botting but somehow they made more money>>107466017
>>107513448Nobody cares what /#/browns think
>>107502962That doesn't seem right. While true, you really want to compare it YoY. Q4 2025 was barely half of 2024. and 2024 was already a massive drop from 2023. The first quarter of 2026 is comparable to 2025, but it's still somehow even lower. We'll have to see if the trend keeps going, but it definitely doesn't look like it's recovering. >>107507530I can agree on this front. The selen thing lit a fire under their asses to at least pretend like they're supporting the branch. You can see the fruits of that in the one single quarter of event revenue, and even Kuro mentioned how things were slightly improving back in there. Which makes the next quarter's -8 even funnier, tbdesu. They haven't tried producingg anything event related since, which is understandable if a bit sad for the remaining fans.
>>107513448that's fucking hilarious.
>>107498424They're doing well enough. Merch sales and sponsor figures may be unknown but their supas, members and stream element donos are all way higher than you'd expect for their size, if the unknown metrics are consistent with that than Phase is making a shitload of money They're also doing well enough that at least one low 4 view indie (Clio) looked at their finances prior to joining and was like "Yeah, this works for me,"
EVERYONE IS BOTTING EXCEPT HOLOLIVWGET IT RIGHT ALREADY
>>107513448Not really sure why they would think that has anything to do with Nijisanji whatever it is doing. If anything it looks more like someone botting superchats to Hololive streams and the nonsense it spewed out one time happened to include something related to Nijisanji. You can search the username and Hololyzer on google and see whatever it is it only ever superchats Hololive most of the time with messages about Hololive. It's not some bot intended to superchat Nijisanji thats accidentally superchatted Hololive or all the Nijisanji streams it was meant to be botting would show up on Hololyzer too.
>>107513598>That doesn't seem right.That's exactly right?>EN hasn't really been declining in a long time now though, just hovering around the same earnings. They've been making roughly $4 million dollars a quarter every quarter for the last 5 quarters straight.You posted an image that shows exactly what I said.
>>107513930Nijicope
>>107513984Anon I think you misunderstand.Quarters aren't measured from Q1 to Q2. Each part of a year tends to cater to different events, holidays, merch releases, anniversaries, etc. You don't compare the sales from christmas to the sales in march when nothing happens to know if you're doing ok or not.
>>107514102I think you misunderstand. It makes sense to analyze numbers year on year when they actually show seasonality. NijiEN shows no seasonality whatsoever. Just a steady decline quarter after quarter regardless of the season for years. Until 5 quarters ago when it stabilized and has hovered around the same ever since.
>>107514150I guess we'll see then in a few days when the Q2 results drop.
>>107514190I mean its not going to make anything I said wrong regardless of if it stays the same, goes up or goes down. NijiEN hasn't been declining in revenue for a long time now, its been stable for the last 15 months or so. If it starts declining again now that's fine. I never said they would never decline again in the future.
>>107514019It's all true though. Hololyzer stores the Niji superchats too, so if it was a Niji bot that accidentally superchatted a Hololive streamer you would expect to see lots of superchats to Niji and just one to Hololive. But you search google and its all superchats to Hololive that just spew a bunch of random garbage more often than not names related to Hololive like Haato or Shirakami and such.
>>107513448How do you make a SC bot? I assume that it involves using a prepaid visa/mastercard
>>107514354Interesting. How do you search for specific superchatters? Do you have a program or is it a site feature?
>>107514498Just the username and add hololyzer and then it gives you a list of the streams they superchatted, the name plus hololyzer is unique enough that it elimates anything else from the search
>>107514577That's neat. Thanks.
>>107514577That's kinda creepy
bump
>>107514577Damn
>>107514577so holo used bot but holobronies blamed niji for itdamn
>>107527649Nijicope
>>107504381And he can live a life of luxury if Tazumi got an even bigger payout if sells Nijisanji to someone else... and then crashes it.
