COVER Corporation operates 'hololive production,' one of the world's largest VTuber (Virtual YouTuber) talent agencies, managing 89 VTubers across Japanese, Indonesian, and English-speaking markets as of March 2025. The company develops anime-look avatars using motion-capture technology, enabling talents to deliver live-streamed content, virtual concerts, and interactive entertainment to a global fanbase, with combined YouTube subscriber counts exceeding 97 million. Beyond streaming, COVER has built a multi-layered character IP business encompassing merchandising, licensing, media mix, and metaverse initiatives, with IP commerce revenues now accounting for approximately 60.6% of total sales.
Free demo (no time limit, up to 10 companies). Explore Comps, DCF, LBO, WACC on every screen. Excel export is on the paid plan.
Free Demo (No Time Limit, 10 Companies) →COVER Corporation operates 'hololive production,' one of the world's largest VTuber (Virtual YouTuber) talent agencies, managing 89 VTubers across Japanese, Indonesian, and English-speaking markets as of March 2025. The company develops anime-look avatars using motion-capture technology, enabling talents to deliver live-streamed content, virtual concerts, and interactive entertainment to a global fanbase, with combined YouTube subscriber counts exceeding 97 million. Beyond streaming, COVER has built a multi-layered character IP business encompassing merchandising, licensing, media mix, and metaverse initiatives, with IP commerce revenues now accounting for approximately 60.6% of total sales.
Free demo (no time limit, up to 10 companies). Explore Comps, DCF, LBO, WACC on every screen. Excel export is on the paid plan.
Free Demo (No Time Limit, 10 Companies) →