Core Insights - Snail, Inc. has signed a Memorandum of Understanding (MOU) with Mega Matrix Inc. to collaborate on the development, production, and global distribution of short dramas, enhancing their presence in the entertainment industry [1][4] Company Developments - The partnership aims to advance Interactive Films' short-drama business line and expand the portfolio of original short dramas [2] - Both companies will co-develop at least 10 short dramas over the next 12 months, utilizing their established international distribution channels [3] - The collaboration is expected to leverage Snail Games' expertise in artificial intelligence and immersive storytelling, combined with MPU's production and distribution capabilities [2][4] Market Context - The global mini program short drama market is projected to grow at a 20.81% CAGR, reaching $25.68 billion by 2032, with North America being a key market due to the rise of streaming services [2] - The increasing popularity of short dramas is driven by audience demand for binge-worthy, serialized content [2]