>>95561073You're a retard if you don't understand opportunity cost.
If you own a hotel and gift 5 rooms to your friends, worth $1000/night, did you really lose money?
Yes you did, because you could have been making money from an actual paying customer. That's opportunity cost, and it's a real cost.
For example, the cost of EN occupying the studio to produce 3D events that got 5k viewers, is thr cost of NOT producing JP events which would be tremendously more popular. Or the cost of renting out the studio to other groups.
Basically the price tag on EN's studio usage is exactly the same as the price tag to hire a 3rd party studio for that event.
If EN was a standalone company which funded itself, there's absolutely no way they could afford all that 3D shit. All of that is value that they extracted from the company which they never paid down.
Consider the opportunity cost of giving EN a significant presence in the big musical event, or at Nijifes, when they could have had more popular JP's instead. All of that is a subsidy to EN.
Consider also how little "value added" that EN represents to the company, when the overwhelming majority of their merch is purchased by Japanese speakers who are really just interested in JP. You could scrap the whole EN branch and nary lose a sale