Announcement

Summary

Ren Penrose, a VTuber from Idol Corp, announces their decision to graduate and become an independent creator following the acquisition of Idol by Brave Group. Ren explains that despite challenges with Idol's management, the decision to leave was based on personal growth and a preference for independent work. Ren praises Brave Group for allowing talents to retain their IPs under a revenue-sharing model. The video also humorously discusses Ren's plans to reach one million subscribers before leaving, emphasizing a positive outlook on their future as an independent VTuber.

Takeaways

• 💼 Ren Penrose announced that she will be graduating from Idol Corp in November 2024 and becoming an independent VTuber.
• 🎤 Several other Idol talents will also be leaving to operate independently, while others will stay and work under the Brave Group, which recently acquired Idol Corp.
• 📄 Brave Group offered a unique choice to the talents: either stay with Idol or leave while keeping their pre-existing branding, including models, names, and channels.
• 💰 Instead of requiring an upfront payment for the intellectual property, Brave Group opted for a revenue-sharing model for one year, allowing departing talents to retain their IP without financial burden.
• 😅 Ren clarified that her decision to leave was not related to Brave Group's acquisition, as she had already planned her departure in June 2024 due to issues with how Idol was managed in the past.
• 👥 Ren expressed no issues with the other talents or managers, praising them highly, and highlighted that her decision to leave was based on her realization that agency life wasn't the best fit for her.
• 🚀 Ren humorously shared her goal of reaching one million subscribers before her graduation, joking about making a 'Mad Dash' to the milestone.
• 💬 Ren emphasized that there won't be any collaboration bans between talents who stay and those who leave, which was important to her.
• 🙏 She expressed gratitude for her time with Idol Corp, acknowledging how it helped her grow and make valuable connections in the industry.
• 📅 Ren plans to remain active as an Idol talent until her graduation in November, promising an interesting and eventful few months ahead.

Q & A

Why is Ren Penrose leaving Idol Corp?

Ren Penrose is leaving Idol Corp because they realized they aren't well-suited for agency life. They tend to keep to themselves, struggle with fan engagement, and find interacting with the adult side of the industry challenging. Ren believes they are better suited to be an independent VTuber with a personal manager.

What unique option did Brave Group offer to the talents during the acquisition of Idol Corp?

Brave Group gave the talents the option to either stay with Idol Corp under Brave Group's management or leave the company while keeping their pre-existing branding, including their models, names, assets, and channels. This is unusual as most agencies typically retain ownership of the IP if a talent leaves.

What is the revenue-sharing model mentioned by Ren Penrose?

Instead of requiring an upfront payment for the IP, Brave Group offered a revenue-sharing model for one year. This allows the talents who choose to leave to continue growing their careers on their own terms while sharing some of their earnings with Brave Group for a year after their departure.

What does Ren Penrose plan to do after leaving Idol Corp?

Ren Penrose plans to continue their career as an independent VTuber, focusing on content creation outside of an agency structure. They also intend to hire a personal manager to assist them in this new phase of their career.

How does Ren Penrose feel about the acquisition of Idol Corp by Brave Group?

Ren Penrose has a positive outlook on the acquisition, expressing respect for Brave Group's decision to offer the talents a choice. They appreciate the support from Brave Group and the opportunity to leave on good terms while retaining their IP.

Why did Ren Penrose submit their graduation notice before the Brave Group acquisition?

Ren Penrose had been facing issues with how Idol Corp was managed before the acquisition. Despite loving the work they did on their channel, the issues outweighed the positives, leading Ren to submit their graduation notice in June, before they were informed about the acquisition.

What does Ren Penrose intend to achieve before their graduation in November?

Ren Penrose has set a goal to reach one million subscribers before their graduation in November. They see this as a fun challenge and a way to make history within Brave Group.

What is Ren Penrose’s view on working in a VTuber agency?

Ren Penrose believes that working in a VTuber agency can be a great experience for social individuals who can work well with others and embrace certain parts of the industry. However, they recognize that it's not a fit for everyone, including themselves.

What was Ren Penrose’s relationship with other talents and managers at Idol Corp?

Ren Penrose had positive relationships with other talents and managers at Idol Corp. They speak highly of them, noting that their issues were with the company’s management before Brave Group’s acquisition, not with the people they worked with.

How does Ren Penrose plan to handle the transition to being an independent VTuber?

Ren Penrose plans to continue working with Brave Group until their graduation in November. Afterward, they will transition to being an independent VTuber, focusing on creating content and possibly hiring a personal manager to assist with their new endeavors.