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NEWS: 'Your Rights' Company Established to Let Fans Invest in Anime Titles' Rights, Revenue-Sharing

The new company aims to use blockchain technology to make the rights for an anime partially available for sale and ownership

The company also states that rights owners will be able to receive a proportional share of revenue derived from the anime's production and also vote on the direction of the production itself.

You won't have the ability to do anything with the anime, no control so you're just giving money to basically say you partially "own" it.

Kougeru wrote:

You won't have the ability to do anything with the anime, no control so you're just giving money to basically say you partially "own" it.

Thank God for that. Imagine some rich nepo Californian being able to change an anime just by donating/buying enough.

But something like this could be fun given people speak an act a lot differently when they have to put their money where their mouth is. All the claims and arguments about which anime is the "GOAT" of the season will be a lot different when they have a financial investment involved and prioritize which they think will actually be successful rather than the one they personally like.

This is not really the same as Polymarket but it could lead to the same kind of fun.

You’d think being an AI shill would be bad enough but thinking “people will get to astroturf shows because of bad scam investments and turn it into a terrible gambling market” are good things is some insanely next level hatred of art, anime, and everything those stand for.

Sounds like another blockchain scam, and it clearly is one when you read more detail about it. You won't have the ability to do anything with the anime, no control so you're just giving money to basically say you partially "own" it. As worthless as naming a comet.

My reading of this seems like it's the equivalent of buying into any publicly traded large corporation. Buy the right class of shares of any corporation and you technically get a vote and a share of the profits. All that is technically true. But given how minor a level a regular person's investment will be, their share of the profits, their voting power, will be equally minor. This is like crowdfunding, with some much more stratified rules.

To put this into better context, Sony as a company has ~6 billions shares in the market (that is all shares available to purchase, even if currently being held by other investors or insiders). As I'm typing, the share price for Sony is $24.05. Typically, 1 share means 1 vote. That means that the folks that can fork over $10,000 get about 415 votes. The person that can invest $1000 gets ~41 votes; simple math. That $10,000 guy has a lot of sway, right? Well, that one investment only accounts for roughly 1/14,500,000th of all shares, meaning they get 1/14.5Mth of all profit. That means that even if there is a profit of $20M (profit, not revenue), Mr. $10k investor gets a little more than a dollar from the profit share.

Think $20M is lowballing it? The stated revenue (so again, money coming in, not actual profit) for the industry is estimated to be ~$20B a year. With around 200 anime released a year, that's $100M a pop average. But, how many series are in the top echelons? Some estimates say that only 20% of anime in any season even break even, so you're not only hoping that whatever project this consortium is working on is one of the top 40 anime of whatever season, but that between streaming, TV, merchandise, and blu-ray sales, it can overcome all the costs to match up to the top dogs of any anime season. And again, that is with the top dogs already "only" bringing in revenue of $100M, so before all the costs associated with the production (the shares any specific members of the production committees get, licensing fees, marketing fees and costs, pay for the writers, animators, director, actors, producers, etc.). $20M in profit is more likely to be on the "high" side than the low.

Of course, if this company restricts the number and availability of shares, the return on investment of each share will increase; you own 1/400th of all shares and your profit share is $50k instead of $1.38. But, that also means that the price on the shares will likely be much higher than the $10k.

So, here's another example. Sony's dividend (profit share) was $0.07 a share back at its last payout in June. Dividend yield is 0.56%. Translation here is, 0.56% of the share price is what you get back. In other words, 451 shares, your $10k investment, will get you about $61.

So, final point being, the strict reading of this project is quite simple and straight forward. This is essentially the same concept as any stock market. In a very general sense, it can work. In a very specific sense, it's a pure passion project idea, because most small investors like this is seeking to attract will likely never see much if any monetary profit. They can decide what they want about the payouts (up dividend yield, set share price to whatever they want) but the reasonable expectation is that standard capitalist concepts will apply, and so the share price will be a function of the projected project cost and the projected public interest in investing.

My reading of this seems like it's the equivalent of buying into any publicly traded large corporation. Buy the right class of shares of any corporation and you technically get a vote and a share of the profits. All that is technically true. But given how minor a level a regular person's investment will be, their share of the profits, their voting power, will be equally minor. This is like crowdfunding, with some much more stratified rules.

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