This actually made me wonder, is IRIAM/Anilive really that popular in Japan. Where is their money coming from that they can splurge so much.
So I looked at their financial report for the heck of it.
Anilive - private company, 0 transparency, the website only has audition functions, raised $14.9M in funding. Tbf the app is only out for a bit.
REALITY - Established by GREE holdings. Only reported FY2024, with netsale of ¥6.479 billion and net income of ¥1.113 billion. 17 million downloads with 80% oversea user ratios as of September.
IRIAM - acquired 80% stakes by DeNA Co., Ltd. (mobile game company) in July 2021 for ¥12 billion yen ~~ $108 million dollar at the time. Note that they already owned 20% before, making it a 100% owned subsidiary. 3.49 million download as of October 2024. This one reported better.
So this 80% overseas user rate sounds susge to me. It's impossible for me as a person to download the Reality app, much less stream/gain viewer on it as it is Japanese only. Why are the overseas user rate so high? Call this a rrat, but I think they are using Indians bots to boost their numbers of download. And since their self-reported user number is likely faked, the revenue and profit might be as well.
There's a very high chance IRIAM are doing the same
Anilive likely have used Reality stats to trick investor. But for the long term we will see.
Anilive also has the balls to say this: "We've watched with pride as several of our creators earned over $2,000 in their first month of streaming, proving that sustainable content creation is possible without the endless grind for views."
But Harry just really self-reported that this $2000 came straight from anilive's pocket as a battle royale tournament rewards, they actually earned jack shit in donations, subscriptions and ads. This is really sustainable isn't it. No wonder Captain ditched Harry, this guy is a generational idiot who can't keep his mouth shut.
So I looked at their financial report for the heck of it.
Anilive - private company, 0 transparency, the website only has audition functions, raised $14.9M in funding. Tbf the app is only out for a bit.
REALITY - Established by GREE holdings. Only reported FY2024, with netsale of ¥6.479 billion and net income of ¥1.113 billion. 17 million downloads with 80% oversea user ratios as of September.
IRIAM - acquired 80% stakes by DeNA Co., Ltd. (mobile game company) in July 2021 for ¥12 billion yen ~~ $108 million dollar at the time. Note that they already owned 20% before, making it a 100% owned subsidiary. 3.49 million download as of October 2024. This one reported better.
So this 80% overseas user rate sounds susge to me. It's impossible for me as a person to download the Reality app, much less stream/gain viewer on it as it is Japanese only. Why are the overseas user rate so high? Call this a rrat, but I think they are using Indians bots to boost their numbers of download. And since their self-reported user number is likely faked, the revenue and profit might be as well.
There's a very high chance IRIAM are doing the same
Anilive likely have used Reality stats to trick investor. But for the long term we will see.
Anilive also has the balls to say this: "We've watched with pride as several of our creators earned over $2,000 in their first month of streaming, proving that sustainable content creation is possible without the endless grind for views."
But Harry just really self-reported that this $2000 came straight from anilive's pocket as a battle royale tournament rewards, they actually earned jack shit in donations, subscriptions and ads. This is really sustainable isn't it. No wonder Captain ditched Harry, this guy is a generational idiot who can't keep his mouth shut.
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