Japan's 'fandom' economy rises as talent agency bankruptcies hit record
26 billionoshikatsu, or fandom, economy based on enthusiasm for specific people and characters through spending money on related goods and content is rapidly expanding…
26bnmarketgoesbeyondTVadvertisingtodrawrevenuefromeventsandmerchandiseMembersofcontentcreationgroupAlternaChannelwavetoavideocamerainTokyoonOct.6.(PhotobyYujiMurakami)TOKYO−−Japan′s26 billionoshikatsu, or fandom, economy based on enthusiasm for specific people and characters through spending money on related goods and content is rapidly expanding as the very concept of what constitutes fame and stardom in the country undergoes a digital transformation.