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The recline of Nijisanji these days reminds me of the downfall of 774 Inc. back in 2021. It was not a sudden drop, they just started getting less and less competitive until people could not longer say they were the third strongest corpo (having been passed by VSPO).
I wonder if Hololive will just become the most dominant force in this space for the time being or if there is any chance anyone not known today can rise to their level.
I don't think it would be either VSPO or a resurgent Nijisanji, that's for sure.
