Mega Matrix Corp Stock Price, News & Analysis

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.

Mega Matrix (MPU) and its streaming platform FlexTV received the Golden Sail Award for 'Outstanding Pan-Entertainment Product' at the 5th Global Internet CEO Conference. The company's Investment Director, Lancy Wu, shared insights on short-form drama market trends, projecting a $36 billion market expansion within three years. FlexTV operates in over 100 countries with content in major languages. Wu highlighted that user numbers are tripling quarterly and identified love, identity, and wealth as top content themes. The platform focuses on strategic storytelling and precise demographic targeting to create successful content.

Mega Matrix (NYSE American: MPU) announced the release of 'From Fast Food to First Lady', a power intrigue drama-romance miniseries, on FlexTV on November 3, 2024. The series follows Claire, a fast-food worker who enters a contractual marriage with William, whom she believes is a bodyguard but is actually a leader. Their relationship evolves from arrangement to genuine romance while facing various challenges.

FlexTV, operated by MPU, is described as the world's leading short drama streaming platform, distributing content in multiple languages including English, Japanese, Korean, Portuguese, Spanish, French, and Arabic across over 100 countries worldwide.

Mega Matrix (NYSE American: MPU) announced the release of the English version of 'Next Top Diva' on FlexTV on October 31st. The short drama follows Lila, who was switched at birth by Lena out of jealousy towards pop star Kylie. The story unfolds as Lila enters a talent show to help pay for her grandmother's medical expenses, facing challenges from both her biological mother Kylie and adopted sister Sophia. Along her journey, she finds support from musician Theo.

FlexTV, operated by MPU, is described as the world's leading short drama streaming platform, distributing content in multiple languages across over 100 countries, including English, Japanese, Korean, Portuguese, Spanish, French, and Arabic.

Mega Matrix (NYSE American: MPU) announced the upcoming launch of its werewolf romance short drama 'Fated to Miss: The Luna in His Dreams' on FlexTV in November. The series follows Amelia and Daniel, childhood friends separated after being captured by hunters, who later reunite as destined 'mates' but struggle with their past memories and trust issues.

The production features gothic architecture and antique furniture, utilizing dark color palettes and strategic lighting to enhance the storyline's atmosphere. 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) has announced the launch of its workplace comedy short drama 'The Intern is the Undercover Boss' on FlexTV on October 29th. The series follows a female CEO named Claire who goes undercover as an intern at Serene Innovations following a bullying scandal that affected stock prices after its acquisition by Sailwind Corp. While investigating, Claire develops a relationship with Alex, a design consultant, leading to complications when her true identity is revealed.

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. The series features notable costume design elements that reflect character development and identity transformation.

Mega Matrix Corp. (NYSE American: MPU) has announced the premiere of its romantic short drama 'My Wife is My Divorce Lawyer' on FlexTV on October 22, 2024. The story revolves around Nicole, who plans to divorce his estranged wife Richard, only to discover that Richard is the divorce lawyer he contacts. Through a series of events, they grow closer despite initial misunderstandings.

The drama is noted for its impeccable costume design, enhancing the narrative and visual experience. FlexTV, operated by MPU, is described as the world's leading short drama streaming platform, distributing content to over 100 countries in multiple languages including English, Japanese, Korean, Portuguese, Spanish, French, and Arabic.

The global release of 'My Wife is My Divorce Lawyer' aims to explore modern urban relationships, marriage complexities, and the pursuit of true love.