Mega Matrix(MPU)

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Mega Matrix Inc. Filed 2024 Annual Report on Form 20-F
Prnewswire· 2025-04-01 10:30
Core Viewpoint - Mega Matrix Inc. has filed its annual report on Form 20-F for the fiscal year ended December 31, 2024, with the SEC, which includes audited financial statements for 2024 [1] Company Overview - Mega Matrix Inc. operates FlexTV, a short-video streaming platform and producer of short dramas, through its wholly owned subsidiary Yuder Pte, Ltd. The company is incorporated in the Cayman Islands and headquartered in Singapore [2] Disclosure Channels - The company announces material information and complies with disclosure obligations via various social media channels, including X (formerly Twitter), Facebook, LinkedIn, TikTok, and YouTube. Investors are encouraged to monitor these channels along with the company's website and SEC filings for material updates [3]
Mega Matrix Inc. Announces 2024 Year-End Financial Results
Prnewswire· 2025-03-28 12:06
Core Viewpoint - Mega Matrix Inc. reported strong financial results for fiscal year 2024, highlighting significant growth in revenue and user engagement, particularly through its FlexTV platform, which focuses on short dramas [1][4]. Financial Highlights - Total annual revenue reached a record high of $36.2 million, with approximately $31.6 million from membership and top-up streaming services and about $3.7 million from online advertising services [7]. - The gross profit was approximately $21.0 million, resulting in a gross profit margin of 58.09% [7]. - User recharge reached approximately $33.4 million in 2024 [7]. Operational Highlights - The company had 10.0 million total active users and 1.0 million total paying users in 2024 [7]. - Average revenue per user (ARPU) was approximately $3.15, while average revenue per paying user (ARPPU) was approximately $31.22 [7]. - FlexTV's content library included around 560 short dramas, with approximately 90 self-produced dramas, half of which were originally created in English [7]. Management Commentary - The CEO emphasized the remarkable growth of FlexTV in 2024, citing strong revenue performance and increased original content output [4]. - The company plans to continue expanding FlexTV's content library and enhancing user engagement in 2025 [5]. Strategic Initiatives - The company established strategic cooperation with international partners, including a joint venture with 9Yards to launch a $100 million investment fund focused on short drama production and AI-driven projects [7]. - Collaboration with Telkomsel aims to introduce FlexTV's content to the Indonesian market through telecom packages [7].
Mega Matrix Inc. Presents Six New English Dramas on FlexTV (March 17-21) | Urban Warmth, Elite Intrigues & Rebirth
Prnewswire· 2025-03-25 10:30
Core Viewpoint - Mega Matrix Inc. is expanding its content offerings on FlexTV with six new English-language short dramas that explore themes of love, power, and fate, appealing to a global audience [1][6]. Content Summary - The first drama, "The Billionaire's Wonton Stall," tells the story of Nathan, a wonton stall owner who chooses to remain humble despite his son's wealth, emphasizing themes of simplicity and perseverance [2]. - "How I Became the CEO's Darling" follows Emily, an adopted daughter navigating wealth and betrayal, as she reclaims her identity and worth [2]. - "Reborn Without Mercy" features Ethan, who rises to power after family betrayal, showcasing a ruthless pursuit of destiny [3]. - "Face of Revenge" tells the story of Isabelle, a mother seeking justice for her daughter by infiltrating high society, highlighting themes of grief and love [3]. - "From Ashes to Vows" depicts a daughter's prayers that lead to her mother's second chance at life, emphasizing sacrifice and love [4]. - The final drama, "Love Me Like You Do," explores Emily's conflict between family legacy and personal feelings for her stepbrother, intertwining business and personal rivalries [5]. Company Overview - Mega Matrix Inc. operates FlexTV, a short-video streaming platform that produces and distributes short dramas, and is headquartered in Singapore [7]. - FlexTV offers multilingual content, including English, Japanese, and Korean, and aims to redefine short-form storytelling for audiences in over 100 countries [6].
Mega Matrix Inc. Announced Eight New English Short Dramas on FlexTV (March 10-14): Exploring Family, Workplace, and Life's Many Facets
Prnewswire· 2025-03-19 10:30
Core Viewpoint - FlexTV, a subsidiary of Mega Matrix Inc., is launching eight new English-language short dramas from March 10 to March 14, 2025, showcasing diverse themes and narratives that reflect modern societal complexities [1][6]. Group 1: Drama Launch Details - The premiere of "Divorce Me If You Dare" on March 10 focuses on intergenerational female solidarity and women's self-worth within traditional family structures [2]. - "Dead Set on Payback," debuting on March 11, explores themes of friendship, betrayal, and revenge as the protagonist seeks retribution against those who wronged her [3]. - "The Matchmaker Wore Pigtails," launching on March 12, highlights family dynamics and acceptance through the story of a mother finding a new beginning with the help of a child matchmaker [4]. - On March 14, "Lessons in Love & Lip Gloss" emphasizes personal growth and self-discovery as the main character navigates her unexpected marriage and career [5]. Group 2: Content and Audience Reach - FlexTV serves audiences in over 100 countries, providing multilingual content and high-quality productions that resonate emotionally with viewers [6]. - The new lineup of dramas is characterized by compelling storylines that delve into relationships, family, and workplace dynamics, aiming to spark reflection on real-life issues [6]. Group 3: Company Overview - Mega Matrix Inc. operates FlexTV, a short-video streaming platform, and is headquartered in Singapore as a Cayman Island corporation [7].
Mega Matrix Inc. and 9 Yards Cinema Production established JV ahead of $100M 'Short Drama Investment Fund' launch
Prnewswire· 2025-03-13 10:30
Core Viewpoint - Mega Matrix Inc. and 9Yards Cinema Production have established a joint venture to create a USD 100 million investment fund aimed at producing short dramas for TV and film [1][3]. Group 1: Joint Venture Details - The joint venture will be based in Abu Dhabi Global Market (ADGM), which is the international financial center of the UAE capital [2]. - Key executives from both companies attended the signing ceremony, including CEOs and other senior management [2]. Group 2: Investment Fund Objectives - The fund aims to leverage the combined strengths of both partners to support acquisitions and seize global investment opportunities in the pan-entertainment sector, particularly in short drama production [3]. - There is a growing focus on projects related to the application of AI in short drama production [3]. Group 3: Company Backgrounds - 9Yards Cinema Productions is a subsidiary of 9Yards Communications, which is part of NG9 Holding, and operates as a multimedia and cinema production company with a global network [4][5]. - Mega Matrix Inc. operates FlexTV, a short-video streaming platform and producer of short dramas, and is headquartered in Singapore [8].
Mega Matrix Inc. Announced Seven New English Short Dramas on FlexTV (March 3-7): Rebirth, Suspense & Passionate Romance
Prnewswire· 2025-03-12 10:30
Core Viewpoint - Mega Matrix Inc.'s FlexTV has launched seven new English dramas, showcasing a variety of genres and themes, aimed at providing diverse viewing options for global audiences [1][6]. Group 1: Drama Launch Details - The dramas were released between March 3 and March 7, 2025, covering genres such as rebirth, romance, suspense, and revenge [1]. - "A Husband's Justice" premiered on March 3, focusing on themes of resilience and vengeance following a royal marriage decree [2]. - "I Was Wrong About You" and "My Husband, Her Fiancé" debuted on March 4, exploring family dynamics and emotional struggles [3]. - "Death Train Do-Over," released on March 5, is a thriller that examines crisis management through foresight abilities [4]. - "You're Fired, But I'm Hired," also released on March 5, presents a workplace romance intertwined with career growth [4]. - The final two dramas, "Courtroom Queen's Golden Boy" and "Poison Queen's Revenge," launched on March 7, addressing themes of love, justice, and power [5]. Group 2: Platform and Audience Reach - FlexTV is available in over 100 countries and offers multilingual options, including English, Japanese, and Korean, enhancing the viewing experience [6]. - The platform aims to continue expanding its content offerings and is committed to innovation and localized productions to cater to diverse audiences [6]. Group 3: Company Overview - Mega Matrix Inc. operates FlexTV through its subsidiary, Yuder Pte, Ltd., and is headquartered in Singapore as a Cayman Island corporation [7].
MPU FlexTV Awarded "TOP 10 National Micro-Short Drama Overseas Platforms" at the 14th China International New Media Short Film Festival, Co-hosted by the National Radio and Television Administration
Prnewswire· 2025-02-24 10:30
Core Viewpoint - Mega Matrix Inc.'s FlexTV platform has been recognized as a leading overseas platform for micro-short dramas at the 14th China International New Media Short Film Festival, highlighting its significant role in the micro-short drama export industry [1][2][3]. Group 1: Company Achievements - FlexTV was awarded the "Micro-Short Drama Jinpeng Index - TOP 10 National Micro-Short Drama Overseas Platforms" at the festival, indicating its strong performance in content quality and communication influence [1][3]. - The recognition reflects Mega Matrix Inc.'s commitment to innovation and quality in the global pan-entertainment culture sector [3]. Group 2: Industry Context - The China International New Media Short Film Festival is the only national-level, international short film festival in China, focusing on the integration of film and technology [2]. - The festival's theme this year was "Light and Shadow in the Palm, Innovating Towards Quality," emphasizing the importance of innovation in the film and TV industry [2].
Mega Matrix Inc. Announced that the Royal Comeback Drama "From Lost Heiress to Royal Highness" Now Streaming on FlexTV
Prnewswire· 2025-02-18 10:30
Core Insights - Mega Matrix Inc. launched a new series titled "From Lost Heiress to Royal Highness" on its streaming platform FlexTV, which combines themes of family intrigue, workplace challenges, and romantic love [1][4] - The series follows the journey of Grace, who, after being abducted as a child, returns to reclaim her position as the heiress of the Morgan family, facing jealousy and rivalry from her sister Luna [2][3] - FlexTV operates in over 100 countries and offers content in multiple languages, becoming a favorite among global viewers due to its high-quality productions [4] Company Overview - Mega Matrix Inc. is a holding company that operates FlexTV, a short-video streaming platform and producer of short dramas, through its subsidiary Yuder Pte, Ltd. [5] - The company is headquartered in Singapore and is listed on NYSE American under the ticker MPU [5]
Mega Matrix Inc. Announced that the Urban Romance Micro Drama "A flash Marriage With The Billionaire Tycoon" Premiered on FlexTV
Prnewswire· 2025-02-13 10:30
Core Viewpoint - Mega Matrix Inc. has launched a new romantic miniseries titled "A Flash Marriage With The Billionaire Tycoon" on its streaming platform FlexTV, which explores themes of love, responsibility, and redemption [1][3]. Company Overview - Mega Matrix Inc. operates FlexTV, a short-video streaming platform that produces short dramas and is headquartered in Singapore [4]. - FlexTV provides content in over 100 countries and offers multiple language options, including English, Japanese, Korean, Portuguese, Spanish, French, and Arabic [3]. Content Details - The miniseries "A Flash Marriage With The Billionaire Tycoon" premiered on January 17 and follows the story of Elise, an accountant, who enters a contract marriage with her boss, Lucian, to resolve her family's financial crisis [1][2]. - The narrative highlights the challenges faced by the characters as they navigate their relationship amidst societal scrutiny and workplace rumors [2]. Audience Engagement - The series aims to inspire viewers to hold onto hope in adversity and pursue happiness with courage [3].
Mega Matrix Inc. Announced that the Tragic Romance Series "After All These Years" Premiered on FlexTV
Prnewswire· 2025-01-24 10:30
Company Overview - Mega Matrix Inc. operates FlexTV, a global micro-drama streaming platform, and is headquartered in Singapore as a Cayman Island corporation [4] - FlexTV provides short series content to over 100 countries, offering multiple language versions including English, Japanese, Korean, Portuguese, Spanish, French, and Arabic [3] Recent Developments - FlexTV premiered its short series, "After All These Years," on January 16, 2025, which explores a bittersweet love story with complex character dynamics [1][3] - The series depicts the evolving relationship between Grace and Andrew, highlighting themes of love, duty, and the confrontation of past emotions [1][2] Content Quality and Audience Reception - FlexTV is renowned for its high-quality productions and exceptional user experience, which has garnered a positive reception from audiences globally [3] - The premiere of "After All These Years" is described as an emotional rollercoaster, emphasizing the complexities of relationships and the importance of sincerity [3]