Cover and Hololive have changed.
As a public company, they have corporate responsibilities and business needs to meet.
For newer members such as Advent and Justice, they know what they’ve signed up for.
But for earlier members, Hololive in 2024 is very different from Hololive of 2021. If they are unable to take advantage of benefits offered by the new big Hololive (such as new JP studio), then staying in Holo might end up being a net negative. There will be talents who thrive, and there will be talents who decide it’s not worth the hassle and choose to leave.