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Showing posts from February, 2025

FY2025 Q1 revenue spent on talent

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Comparison between Cover Corporation and AnyColor Inc.    Cost of Sales includes VTuber salary, cost for merchandise, and support staff pay. Stats taken directly from each company's quarterly report. (Cover tracks merch cost independently as opposed to AnyColor. For the purposes of this comparison, the two have been combined.) Comparative stats taken from Cover and AnyColor's FY2025 Q1 report. How AnyColor breaks down money spent on talent and their support staff.
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Cover Corp Quarterly spending

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  Cover Corp is spending an ever increasing amount of revenue on everything but the VTubers. Gains in their quarterly reports seem to reflect Cover hiring more VTubers rather than pay increases.
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Revenue by source for Hololive and AnyColor

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REVENUE BY SOURCE:  
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