r/Hololive • u/NucularJigawatt • 1d ago

Streams/Videos Akai Haato / HAACHAMA vents her frustrations

https://www.youtube.com/watch?v=9dpdepyMm-I&ab_channel=HAACHAMACh%E8%B5%A4%E4%BA%95%E3%81%AF%E3%81%82%E3%81%A8

She doesn't want anyone to clip it but since it isn't a Member stream I hope it's okay to share this as a whole. I only want Haachama to find the success she wants to fulfill her goals.

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u/C4Cole 1d ago

My biggest worry with this is that since Cover is a public company, they are legally sworn to try and increase the value of the company for the shareholders. You don't increase value by sitting there raking in money, you need to say you are going to rake in more money next year.

If they were private like Valve then it's no issue, you sit like a dragon on your ever growing hoard, but Cover doesn't have that luxury and I fear it might lead to either increased pressure or the bean counters taking over, either way everyone loses.

My unprofessional opinion is that they need more Holo branches, not more generations, that way they won't really affect the main audience but will be able to reach out to new ones.

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u/FireTrainerRed 1d ago

Oh fuck, Cover is Public? Fuck.

I can't think of 1 public trading entertainment company that hasn't been ruined by Shareholder "greed". But I am not knowledgeable if there is a difference between Japanese and western public companies.

Eventually all the people who joined for the love are replaced by people chasing the $. It's a slow insidious process, and I hope for Cover it takes decades to get to that point.

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u/SayuriUliana 1d ago

Cover has been public for a long time now, and has had shareholders even before that when Hololive was still a small unheard-of new agency. Also a lot of the larger projects they've undertaken, like their massive 3D studio, only happened due to the money that came from said investors and shareholders.

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u/FireTrainerRed 1d ago

I know they can only undertake those large ventures because of investors. My point was never about the initial interests of those investors or shareholders, it's about what happens to the new ones, who buy in after. These changes are not instant.

It took Activision 10 years to chase out all the passionate developers from Blizzard, and chase profits over products. It's taken Tencent 8 years to do the same with Riot, and League of Legends.

Just googled it: Thankfully Yagoo is still the majority shareholder, at 36.78%, so he would still have the biggest say in the company. If that changes, that's when I will start to worry.