Thread 104661110

New vtuber agency
https://x.com/LuminaraLegacy/status/1968699625423904963

>>104661110 (OP)
The worst thing Vshojo did was ruin people's trust in these kinds of agencies.
Well aside from the charity thing.
Hope this one fares better

>>104661110 (OP)
How do they make money?

>>104661193
Sucking venture capital dick a very profitable business, I'll have you know

Weren't scams of this nature usually illegal in just about every civilized country? Vshitsho was a well crafted ponzi scheme i'm surprised none of the US bound people weren't imvestigated for egregious fraud.

>>104661168
>Vshojo
No. Agencies ruined people's trust in agencies. Vshojo was another one in a long list.

>>104661193
Taking cuts from the merch and stuff they set up for you.

>>104661310
>me
Fuck i cheeto-fingered a word, going to go kill myself with seppuku

>>104661110 (OP)
I now see "keep your IP" and my mind raises a red flag even though it shouldn't.
Fuck Gunrun, goddamn.

>>104661312
Fair enough.
God, the idea itself is fantastic but it never seems to work out

>>104661300
>>104661349
So, like Vshojo?

>>104661110 (OP)
>we want the vshojo audience

>>104661110 (OP)
>Cons: Nothing

>>104661193
>How do they make money?
Hate to be cynical but the major issue with talent agencies where the vtuber owns everything is the actual company isn't going to earn much and they have little reason to invest in characters they don't own. The agency business model can give a small amount of marketing but will never compete with the massive amount of marketing from Hololive and Nijisanji. There really needs to be a middle ground (the company owns the IP but the talent can buy the character if they leave) but so many of the western corpos are scams.

>>104661535
No Hololive or Nijisanji (JP) member has enough money to buy their character

EN vtubing is just sad to look at

>>104661310
>i'm surprised none of the US bound people weren't imvestigated for egregious fraud
Have you taken a look at the US government?

>>104661110 (OP)
well went a did some digging from their post and they listed some of their current partners all 3 views at best. so I'm not exactly sure what they are promising other then acting like a manager.

>>104661310
The US economy is literally built on fraud.

>>104661398
Vshojo was retarded and blew their money on pointless shit like advertising their EN agency in JP train stations.

>>104661193
selling backpack portable streaming equipment

>>104661663
Eh, hard to tell.
That'd entirely depend on the prices set. Even if it's something like 100-200k I could see some holos or the higher ranking nijis able to afford it.
The biggest issue is that the rigs themselves are dogshit and the assets are overpriced and usually far shittier than what they could get on their own for those prices. But they keep their own vods, accounts, covers, subs, and ad revenue in this case, so idk. I could see it working if it works like Brave's model (a year of continued shared revenue + a lump sum)

>>104661110 (OP)
I can see these "keep your IP" agencies working out IF the corpo keeps their support scope small. Use the merch/sponsorship cuts to hire 1 manager who can maintain the corpo email and social media accounts, merch organizing (doesn't have to be anything fancy), and maybe pay for a booth at a con. If they stop there, I can see it working out.
When they start talking about "dedicated teams of people" and "in house pros for graphics, art, and audio mixing" that you know they're never going to make enough money to maintain operations and will undoubtedly close down.

>>104662079
Yeah, who even asks for in-house stuff? Feel like vtubers enjoy shopping around when they need work done.
So they have to commit to a certain way of doing things/art style or waste support money paying people they don't use.

>>104661953
>>104661663
even if it was in the 100k-200k range (chatgtp gave me a ballpark of 100k-3mil+ range which seems extreme) that's just not worth it most of the time when they can just use like 4k for a new model and just start a new channel keeping a vast amount of the audience they had. not to mention the hassle buying out the character represents like all unshipped merch, legal procedures that need to happen to transfer the rights over in the first place and whatever other bullshit needs to happen

>>104661110 (OP)
What a nice and generous revenue split. So how will you pay for overhead?

>>104661110 (OP)
Another gravestone to carve I suppose

>>104662079
Yeah, I have often thought that what most indie vtubers need is just a project manager.

>>104661110 (OP)
Dead in a couple of months

Why does Mythic succeed while others fail?

>>104662375
Mythic is just a glorified mailing list. They don't do anything else, they don't provide any other services.

>>104661110 (OP)
It's not new, it's also ran by a known pedofile and sex pest, Camana. There's 2 google docs available on him.

>>104662597
Can you link them?

>>104662375
Mythic isn't vtuber exclusive, for one.

>>104662670
It has their irl info so dunno if it counts as dox or not.

>>104661193
Holding a charity event and oops... I didn't know that was charity money lying around in my bank account.

>>104662597
>company is still operating
I have no idea who Camana is or what he did, but clearly the dockeys had no effect

>>104663138
The reason it's only still going is because of the damage control being done whenever you bring it up, it was a pretty big situation a few years ago, so you know how the EN community works.
>>104662829
Sadly yea you'll get vacationed if you post them

>>104661110 (OP)
Black and gold color schemes are a huge red flag for me, there's lots of MLMs, crypto, NFT, etc. using this same thing I wouldn't be surprised if this turns out as I expected

>>104663788
Not to imply there are any good MLMs or whatever, but I've since associated black and gold with them

>>104661929
>blew their money on pointless shit like advertising their EN agency in JP train stations.
Don't forget the shitposters /here/

>>104664256
Don't remind me. I'm out of a job now :(

>>104661110 (OP)
Too good to be true. What's the catch?

>>104662215
>3 million
It is not farfetched.
Cover’s IR states that they paid 5729 million yen to the talents last year. In dollars that is 39 million, so each one of average got paid at least 400 thousand dollars.
That is their payment, so the IP in itself must cost at least double the amount they are getting paid because that is how much revenue each IP generates before Cover gets their cut.

>>104662375
Do you mean Mythos?

the cost to produce one of Marine's songs + anime MV is in the range of 100k-200k, and she's done that like what, 3 or 4 times already? their entire character IP is worth many multiples more than that

>>104664946
Maybe, but that's not necessarily what it'd sell for.
After all, if they leave, the revenue becomes 0 and the IP becomes worthless.

>>104666043
It would cost like that if the talent wants to purchase the IP.

>>104666068 (me)
And that is the very minimum to what >>104664946 said because some talents earn more revenue than the average Holo salary.

>>104661929
Even with Gunrun's Holo boner, Vshojo's business model would fail anyway because he is not getting enough revenue and has no IP.
The only way for them to sustain themselves is if they get a big cut from merch.

>>104666043
>After all, if they leave, the revenue becomes 0 and the IP becomes worthless.
Eh, in theory you can still sell merch of a popular dead talent, that's revenue right there. I bet Cover still occasionally gets sponsors/collabs asking if they can slap Gura on it

>>104666043
Don't quote me, but as I understand it, even trying to buy a dead ip is expensive as fuck. Something like projected max profits of thirty plus years. For a dead ip, that no one wants to buy (because then it wouldn't be a dead ip). And yes, the company's opinion of profit probably differs from yours. Remember that game companies can sell 3+ million copies of a game but still consider it a failure.

Cons: none?
Being serious I've never seen a corpo with cuts below 40% of the total profits holding up

>>104661929
Wasn't that debunked that it was at most $50K, it's not like they kept that advertising for years, it was a month at most.
They had 30 staff that were doing fuck all.

>>104664256
That was just Mowtendoo.

>>104661408
Vshojo didn't have a vshojo audience, each member had their own audience. They might as well be indies because they rarely did anything together as a group.

>>104661110 (OP)
Why do people keep falling for the same scam time and time again.

>>104669636
because people think they have to be part of a group of any kind or they will never grow,

>>104661168
Why would you trust anyone that says they will give you everything for free?

It's just another Vshojo

>>104669979
TANSTAAFL

>>104666043
The IP is worthless to the person who buys it but it's only worth anything to Cover as long as they refuse to sell it. Most of the things that make a character themselves in something like Hololive are all the stuff you wouldn't be able to buy when you buy your model. You'd end up even more strictly policed to make sure you don't conflate what you bought with what the company owns.

>>104661398
And here comes the retardness that we all knew it was coming.
Vshojo was making money, the problem is they were spending and embezzling all gains in absurd show of popularity rather than reinvesting it in profit.
They wanted to look bigger than they could be and accumulated stupid debts thinking some investard was gonna buy the dip. They ignored investards don’t care about looks, thry care about how much they can exploit everything.

>>104661168
The only way I see this kind of thing working is if it's a talent-owned co-op. I really don't get how they're supposed to sustain themselves, otherwise.

>>104661168
Vshojo (and Cyberlive and Idol) opened people's eyes to the reality that there is no free lunch. If you can't show how you're going to make enough money to pay for all the benefits you're touting, it's a scam.

>>104661110 (OP)
The owners? Rungun and BajaBlast

>>104661312
fpbp

>>104672528
not bad, anon, not bad

>>104661110 (OP)
CEO pic leak

>>104661110 (OP)
This only works if you have an extremely light footprint like Mythic where it's just a sponsorship agency and nothing else. Promising marketing, events, art assets and such while taking no revenue is a scam.

>>104661193
Don't ask questions, just audition for the sketchy agency then start astroturfing the sketchy agency

>>104669979
Kek

>>104669979
This is a red flag

>>104661110 (OP)
They never learn

Indies are the future

>>104669979
I would have said employing people and running a company would have been tight WITH a cut of "normal" talent revenue, even if one or two of them were breakout hits. To do so without just seems naive.