Core Viewpoint - Mega Matrix Corp. has formed a strategic cooperation with Neorigin Co. to enhance its presence in the short drama market through a joint content fund of $10 million aimed at original short drama projects [1][2][3]. Group 1: Strategic Cooperation - The partnership between Mega Matrix's subsidiary FlexTV and Neorigin's TopReels aims to create high-quality original short drama content for the Korean market [2][3]. - The collaboration will leverage TopReels' production capabilities to expand content variety and enhance global influence [3][4]. Group 2: Market Potential - The global short drama market is experiencing high growth potential, particularly in European and American markets, which have a strong user base willing to pay for content [4]. - FlexTV has attracted users from over 100 countries and aims to become a global leader in short drama platforms, with successful productions like "Mr. Williams! Madame Is Dying" [3][4]. Group 3: Company Overview - Mega Matrix Corp. operates FlexTV, a short-video streaming platform, through its subsidiary Yuder PTE, LTD [1][5]. - Neorigin Co. is a diversified enterprise with strong global distribution capabilities, covering over 150 countries, and is involved in IP operations, game distribution, and short dramas [5].
Mega Matrix Corp. Announced that FlexTV Formed the Strategic Cooperation with TopReels, the leading short drama platform in South Korea