Official Announcement: Inactive Operation Notice for MyHolo TV
01 May 2024
[Press Release] Official Announcement: Inactive Operation Notice for MyHolo TV
Hello everyone,
It is with a heavy heart to announce that as of May 31, 2024, MyHolo TV Entertainment will officially be inactive until further notice.
MyHolo TV was established in May 2020, with the vision of connecting the worldwide community with Japan’s Anime and VTuber culture through new entertainment mediums and managing talents who seek to be VTubers while supporting their streaming activities.
While we have faced many challenges and learning curves over the course of four years in the VTuber industry, we also had the privilege of working with many immensely skilled talents. We will always be extremely appreciative and grateful for their contributions, as their hard work and continued efforts have allowed MyHolo TV to produce quality entertainment throughout these years.
Nonetheless, after careful consideration and evaluation, we have reached the difficult decision to halt the company's operations for one year while we restructure our organization, as we no longer have sufficient resources to continue efficiently. However, we remain open to possibilities of future investments with better strategies without compromising our principles of sustainability.
Regarding the Talents, we would like to state some updates here:
Liliana Vampaia and Lunaris Urufi will be under a new revised contract regarding the usage of the company's intellectual property and limited services.
Liola Lightbringer’s selected intellectual property (Re:CorD character outfit) and all her social media channel ownership will be acquired by the Talent.
Karrot Keromi will be returning to the Talent’s original identity as “Karrot” upon mutual agreement for early release of partnership contract, while the intellectual property will remain with the Company.
Liola and Karrot will be graduating from agency and resume their independent activities on 1st June 2024.
Events planned and merchandise orders placed for May 2024 will continue as scheduled, and MyHolo TV fans should tune in to each Talent’s social media for more information regarding their respective plans for their activities after May 31, 2024.
MyHolo TV's official channels – Facebook, Instagram, YouTube, and X (formerly known as Twitter) – will not be deactivated; they will remain active to serve as an archive. Any fan mails received by May 31, 2024 will still be delivered to Talents as usual, however we ask that fans refrain from making inquiries to Talents directly, and to direct any business-related questions regarding this announcement to customer.service@myholotv.com.
From here, we would like to sincerely thank all of our fans who have supported us through four years of our operations.
A Word from the CEO, Kel Win Tan
Wednesday, 1 May 2024
MyHolo TV