>>897170Like this pretty much. A return to mean on an industry that went from not existing at all to being a market mover is not possible. There're no mean to consider.
Virtual youtubers is overbought right now but the actual value of most big talents is as it should be. There is potential for hololive (or its succesor, whoever that would be) to remain a major media company for years to come until new talents cant do a proper generational takeover.
As an aside, the reason for the bubble graph to look like that is the panic sell phase. Investors dump their stock as they see the prices fall, other investors see the prices fall because people are dumping their stock and they dump theirs aswell. No one wants to be a bag holder.
This doesnt happen with audiences, there's no sell signal for entertainment. Less people watching a youtuber doesnt make your entertainment worth less. There are no dips.
Many things mirror return to mean graphs but media is not one of them usually. Its usually a single massive spike and then immediate radio silence forever, like fidget spinners or truck nuts or the whistles that went woo.
