Exhibit 99.1 MEGA MATRIX CORP. Announces Second Quarter 2024 Financial Results PALO ALTO, CA, August 14, 2024 (PR NEWSWIRE) -- Mega Matrix Corp. ("MPU" or the "Company") (NYSE American: MPU), today announced financial results for its second quarter ended June 30, 2024. Operating Highlights ● User recharge totaled $15.8 million in the first half of 2024, with 62.0% generated from the U.S. ● In the first half of 2024, our total active users reached 4.1 million, with an ARPU of $3.5 and our total active paying ...

PALO ALTO, Calif., Aug. 13, 2024 /PRNewswire/ -- Mega Matrix Corp. ("MPU" or the "Company") (NYSE American: MPU), today announced that FlexTV, its short drama streaming platform, has ranked No.8 in the App Store Entertainment Chart (Free Apps, South Korea) as of August 13, 2024. This achievement further solidifies FlexTV's leading position in Asia and demonstrates its widespread popularity on a global scale. As one of the world's leading digital culture centers, South Korea's high standards and diverse dema ...

PALO ALTO, Calif., Aug. 12, 2024 /PRNewswire/ -- Mega Matrix Corp. ("MPU" or the "Company") (NYSE American: MPU), today announced that FlexTV, its short drama streaming platform, has ranked No.3 in the App Store Entertainment Chart (Free Apps, Indonesia) and Google Play Entertainment App (Free Apps, Indonesia) as of August 12, 2024. This accomplishment further solidifies FlexTV's leading position in the Asian market and demonstrates its widespread popularity on a global scale. FlexTV's relentless efforts in ...

PALO ALTO, Calif., Aug. 2, 2024 /PRNewswire/ -- Mega Matrix Corp. ("MPU" or the "Company") (NYSE American: MPU), today announced that it has entered into definitive agreements for the issuance and sale of an aggregate of 681,818 shares of its common stock (or common stock equivalents in lieu thereof), short-term series A warrants to purchase up to 681,818 shares of common stock and series B warrants to purchase up to 681,818 shares of common stock at a purchase price of $2.20 per share (or per common stock ...

The strong performance in the European market showcases the MPU and FlexTV team's operational capabilities on a global scale, demonstrating their strategic insight and execution capabilities in understanding and adapting to market demands across different regions. About Mega Matrix: Mega Matrix Corp. (NYSEAMEX: MPU) is a holding company and operates FlexTV, a short-video streaming platform and producer of short dramas, through Yuder Pte, Ltd., an indirect majoritycontrolled subsidiary of Mega Matrix. Mega M ...

PALO ALTO, Calif., July 26, 2024 /PRNewswire/ -- Mega Matrix Corp. ("MPU" or the "Company") (NYSE American: MPU), today announced that FlexTV, its short drama streaming platform, surged into No.8. in the App Store Entertainment Apps (Free Apps, Japan) as of July 26, 2024. MPU operates the world's leading short drama streaming platform FlexTV through Yuder Pte. ltd, currently distributing short drama content to over 100 countries worldwide, covering seven language versions including English, Japanese, Korean ...

"My Fated Alpha: Rejected and Reclaimed" brings together a group of talented and passionate behind-thescenes staff. In terms of visual and sound effects, the director and production team chose a bold and avant-garde art style. From the dark forest to the mysterious moonlight, every scene exudes a mysterious and shocking power. Music is not only a background but also the soul of plot development, creating a grand emotional atmosphere and a stunning audio-visual experience for the audience. SOURCE Mega Matrix ...

Underneath the halo of love are often hidden the deepest wounds... Selena Lane, a girl who has suffered bullying from her family since childhood, should have had the shining moment of her life on her wedding day, but it accidentally became the starting point for the collapse of her emotional world. Her husband's betrayal was like a sharp dagger mercilessly stabbing her heart, bringing indescribable pain. In her moment of despair, Selena happened to encounter the unfamiliar driver Robert, and sought his help ...

PALO ALTO, Calif., July 17, 2024 /PRNewswire/ -- Mega Matrix Corp. ("MPU" or the "Company") (NYSE American: MPU), today announced that FlexTV, its short drama streaming platform, has ranked No.2. in the App Store Entertainment Apps (Free Apps, Thailand) as of July 16, 2024. As of the early morning of July 16, 2024, FlexTV stood among the most downloaded free apps in the App Store's entertainment chart (Thailand.), alongside TikTok, Netflix and Bilibili. FlexTV team will continue to enhance user experience, ...

From the moment Audrey Smith mistook Hunter Williams for a male stripper, their encounter was filled with absurdity. An unexpected night, like an irresistible force, miraculously pulled two people who originally lived on completely different trajectories and seemed to have no intersection into each other's lives. Audrey Smith was abandoned at the door of an orphanage since she was a child. With her firm willpower and excellent academic performance, she graduated from Northwestern University in the United St ...