Mega Matrix Corp Stock Price, News & Analysis

Mega Matrix (NYSE: MPU) has launched the English version of 'Freaky Friday with My Babe' on its global streaming platform, FlexTV. The romantic comedy series follows Erika, an aspiring actress, and Bryan, a depressed business tycoon, who swap bodies after an accident. The story showcases their journey adapting to each other's lives - Erika managing a while Bryan discovers his acting talent. FlexTV, available in over 100 countries, offers content in multiple languages including English, Japanese, Korean, Portuguese, Spanish, French, and Arabic.

Mega Matrix (NYSE American: MPU) announced the premiere of revenge thriller 'Deadly Vows' on FlexTV on December 3. The short drama follows Eva, a pregnant mother who survives being pushed off a cliff by her husband Kyle, who conspired with their maid. Eva pretends to be blind while gathering evidence, eventually finding help from Hunter, a police officer.

FlexTV, operated by MPU, delivers short-series content to over 100 countries in multiple languages including English, Japanese, Korean, Portuguese, Spanish, French, and Arabic.

Mega Matrix Inc. (NYSE American: MPU) has signed a memorandum of understanding (MOU) with 9Yards Cinema Production to establish a $100 million investment fund focused on global short drama and pan-entertainment sector development. The joint venture will create a wholly owned company to serve as the general partner managing the fund. 9Yards, a subsidiary of NG9 Holding, is a 150-member agency based in Abu Dhabi, UAE, specializing in advertising, PR, digital, events, and multimedia production. The partnership aims to support acquisitions, capture global investment opportunities, and promote pan-entertainment sector development worldwide.

Mega Matrix (NYSE American: MPU) announced the premiere of the English version of 'When My Son Choose His Wife' on its FlexTV platform on November 19. The short drama follows Hazel, a business magnate who faces family turmoil when her future daughter-in-law Layla manipulates her son Evan, leading to strained relationships and eventual regret. FlexTV, MPU's short drama streaming platform, distributes content in multiple languages across over 100 countries, including English, Japanese, Korean, Portuguese, Spanish, French, and Arabic.

Mega Matrix (NYSE American: MPU) announced the launch of romantic comedy drama 'Tears After 'I Do'' on its global short-form drama streaming platform FlexTV on November 26th. The series follows Jace and Audrey's story, who enter a nominal marriage before Jace leaves the country. Five years later, their paths cross again at HyperMode Designs, where Audrey works as a designer and Jace becomes a financier.

FlexTV distributes short drama content to over 100 countries in multiple languages including English, Japanese, Korean, Portuguese, Spanish, French, and Arabic.

MPU participated in the 45th American Film Market's FlexTV International Forum in Las Vegas, discussing the theme 'Short Dramas: Where Entertainment Meets the Internet.' The event, covered by HTTV NEWS L.A., featured MPU's Chief Strategy Officer Songtao Jia delivering a keynote on short drama's impact as an emerging entertainment format. FlexTV, MPU's streaming platform, was highlighted for its influence in the North American market. The forum explored market trends, IP exchange, industry entry strategies, and emerging technologies, with AFM facilitating over $1 billion in annual distribution and financing deals.

Mega Matrix (NYSE American: MPU) has launched a new romantic short drama titled 'Spoiled by My CEO Husband' on its FlexTV platform on November 13. The series follows the story of Bella, a waitress who becomes involved with William, a CEO, leading to various challenges including pregnancy and class differences.

FlexTV, operated by MPU, is a leading short drama streaming platform available in over 100 countries with content in multiple languages including English, Japanese, Korean, Portuguese, Spanish, French, and Arabic.

Mega Matrix (MPU) reported strong Q3 2024 financial results with total unaudited revenue of $10.3 million, showing 49.3% quarter-over-quarter growth. The revenue included $9.3 million from membership and streaming services (up 47.6% QoQ) and $1.0 million from advertising (up 66.7% QoQ). Gross profit reached $6.1 million with a 60% margin. User metrics showed 3.2 million quarterly active users, with ARPU of $3.0 and ARPPU of $25.9. The company released 56 new short drama series, including 16 self-produced content. Management aims for single-quarter profitability in Q4.

Mega Matrix (MPU) announced that its short drama streaming platform, FlexTV, has signed a two-year cooperation agreement with TelkomMetra, a subsidiary of Indonesia's largest telecom company. The partnership, starting December 2024, will make FlexTV TelkomMetra's exclusive micro-drama partner within six months. The collaboration includes market expansion, brand exposure, revenue sharing, and content distribution through Telkomsel's platform, which serves over 170 million users. TelkomMetra will invest in promoting FlexTV's content and explore establishing a joint venture after the first year.