>>92105360The eigophobia just comes from the fact that Cover needs to review legal regulations in english-speaking countries on order for it to be safe to do anything with english intellectual property, and since english-fluent japanese lawyers that are experts in the regulations of english-speaking countries don't grow in trees, it would require hiring a 3rd party consulting firm that specializes in these regulations to manage risk for them.
That would be a normal next step for a business looking for major expansion into english markets but not for a couple standalone projects, especially when, ironically, the target market for Hololive EN still remains squarely Japan.
Things may get easier for the ENs to do things in english one day, but the financials have to fall into place in a bigger picture sort of way and it's probably not going to happen today or tomorrow.