SINGAPORE and ABU DHABI, UAE, Nov. 21, 2024 /PRNewswire/ -- Mega Matrix Inc. (NYSE American: MPU) today announced the signing of a memorandum of understanding ("MOU") with 9Yards Cinema Production ("9Yards Cinema Production"), a subsidiary of 9Yards Communications ("9Yards"), a fully integrated marketing and media agency headquartered in Abu Dhabi, UAE, to jointly establish an investment fund focused on the development of global short drama and pan-entertainment sector. 9Yards, part of NG9 Holding, is a 150-member agency and creative powerhouse, headquartered in the UAE capita

SINGAPORE, Nov. 19, 2024 /PRNewswire/ -- Mega Matrix Inc. ("MPU" or the "Company") (NYSE:MPU), today announced that the English version of the emotional short drama When My Son Choose His Wife is now available on FlexTV, its world-leading short drama streaming platform. Set against the glamorous backdrop of a wealthy family, a meticulously planned wedding unveils hidden truths beneath the surface. Hazel, a prominent business magnate in Jiangcheng, postpones her medical treatment for her son Evan's wedding, only to be drawn into an elaborate scheme orchestrated by her future da

SINGAPORE, Nov. 18, 2024 /PRNewswire/ -- Mega Matrix Inc. ("MPU" or the "Company") (NYSE:MPU), today announced that it is set to debut the urban romantic comedy Tears After 'I Do' on November 26th on FlexTV, its globally leading short-form drama streaming platform. This series promises audiences a rollercoaster love story filled with humor and warmth, blending unexpected twists with a romantic ambiance. The story unfolds five years after Jace, at his mother's request, enters a nominal marriage with Audrey, the daughter of his mother's late best friend, only to impulsively leav

SINGAPORE, Nov. 14, 2024 /PRNewswire/ -- Mega Matrix Inc. ("MPU" or the "Company") (NYSE:MPU), today announced that during the 45th American Film Market (AFM), MPU was invited to participate in the FlexTV International Forum, held in Las Vegas on the afternoon of November 7 (Pacific Standard Time). MPU joined executives and industry experts from various companies and platforms to discuss the theme "Short Dramas: Where Entertainment Meets the Internet." The forum focused on trends in the market, new forms of IP exchange with existing television and film, ways to enter the short drama industry, and new and emerging technology. HTTV NEWS L.A. provided full coverage of the event.

SINGAPORE, Nov. 13, 2024 /PRNewswire/ -- Mega Matrix Inc. ("MPU" or the "Company") (NYSE:MPU), today announced that it released Spoiled by My CEO Husband on November 13, showcasing a heartfelt romance that bravely fights against societal prejudices in the world of the elite. Bella, a waitress, maintains her unwavering spirit and pure heart despite the pressures of life. Her relationship with the stoic CEO William heats up rapidly after a chance encounter one night, but it soon leads to a series of misunderstandings and challenges. When Bella unexpectedly discovers she's pregna

SINGAPORE, Nov. 12, 2024 /PRNewswire/ -- Mega Matrix Inc. ("MPU" or the "Company") (NYSE:MPU), today announced financial results for its third quarter ended September 30, 2024.  Financial Highlights In the third quarter of 2024, the Company's total unaudited revenue reached $10.3 million, representing the quarter-on-quarter ("QoQ") growth of 49.3% compared to Q2 2024, marking a new high for the year. The total revenue in Q3 included over $9.3 million from membership and top-up streaming services, with a QoQ growth of 47.6% and around $1.0 million from online advertising services, with a QoQ growth of 66.7%.Gross profit in the third quarter of 2024 reached $6.1 million, with an almost 60.0% g

PALO ALTO, Calif., Nov. 7, 2024 /PRNewswire/ -- Mega Matrix Inc. ("MPU" or the "Company") (NYSE:MPU) today announced that on November 6, at the 5th Global Internet CEO Conference (GICC) hosted by Sailing Global, Mega Matrix (NYSE:MPU) and its streaming platform FlexTV were honored with the Gloden Sail Award for "Outstanding Pan-Entertainment Product" in 2024. MPU also presented its achievements and insights in the short drama market and product development, sharing its methodology for creating hit content. The Golden Sail Award recognizes companies excelling in the global mark

PALO ALTO, Calif., Nov. 7, 2024 /PRNewswire/ -- Mega Matrix Inc. ("MPU" or the "Company") (NYSE:MPU) today announced that its globally leading short drama streaming platform, FlexTV, recently signed a two-year cooperation agreement with PT Multimedia Nusantara ("TelkomMetra"). This agreement was brokered by AR Asia Productions, whose expertise was instrumental in bringing the two companies together. This collaboration, commencing in early December this year, aims to leverage Telkom Metra and Telkomsel's platforms to facilitate MPU's steady establishment and long-term developme

PALO ALTO, Calif., Nov. 4, 2024 /PRNewswire/ -- Mega Matrix Inc. ("MPU" or the "Company") (NYSE:MPU), today announced that it released From Fast Food to First Lady, a short drama blending power intrigue and romance, on November 3. Viewers could experience a unique love story that transcends social status through an unexpected contractual marriage. Claire, an innocent girl working at a fried chicken shop, who, in an attempt to help her mother pay off debt, mistakenly finds herself in a suite, where she helps the leader William escape his troubles with medication and evade a dan

PALO ALTO, Calif., Nov. 1, 2024 /PRNewswire/ -- Mega Matrix Inc. ("MPU" or the "Company") (NYSE:MPU), today announced that it launched the English version of the short drama "Next Top Diva" on October 31st at FlexTV. This captivating series explores the intertwining fates of the next generation, sparked by the grudges of their predecessors. Lena, fueled by jealousy of pop star Kylie's fame, swaps her daughter with Kylie's daughter, Lila. This decision leads to Lila missing numerous opportunities to pursue her musical dreams under the weight of Lena's oppression. Years later, L

PALO ALTO, Calif., Aug. 16, 2024 /PRNewswire/ -- Mega Matrix Corp. ("MPU" or the "Company") (NYSE:MPU), today announced that it has completed the acquisition of the remaining 40% of FunVerse Holding Limited ("FunVerse"), a company incorporated under the laws of the British Virgin Islands and the sole parent company of Yuder Pte, Ltd. ("Yuder"). The Company initially acquired 60% of FunVerse's capital stock on January 7, 2024, and has now acquired the remaining 40%, bringing its ownership to 100%. The acquisition was completed through a definitive Share Exchange Agreement, under which the Company acquired the remaining 40% of voting capital stock of FunVerse, in exchange for 1,500,000 shares

PALO ALTO, Calif., May 24, 2024 /PRNewswire/ -- Mega Matrix Corp. ("MPU" or the "Company") (NYSE:MPU), today announced that Yuder PTE, LTD, the Company's indirect majority-controlled subsidiary and operator of FlexTV, has formed a strategic cooperation with Foxmedia Co., Ltd., 100% controlled subsidiary of Neorigin Co.(KOSDAQ: 094860) and the operator of TopReels, the leading short drama platform in South Korea. The Company and Neorigin Co. will jointly establish a $10 million content fund aimed at promoting joint investments, production, and distribution of original short drama projects. MPU COO Steven Gao, FlexTV CEO Zhenjun Cao, NEORIGIN CFO Jimmy Liu, and TopReels head Ryan Jeong attende

PALO ALTO, Calif., March 22, 2024 (GLOBE NEWSWIRE) -- Mega Matrix Corp. (NYSE:MPU) (the "Company" or "MPU") is delighted to formally welcome Mr. Songtao Jia, the seasoned professional with extensive experience, to our team. Mr. Songtao Jia will be taking on the role of Chief Strategy Officer for MPU. Mr. Jia has an impressive background in technology and management, having previously served as the Executive Vice President of Lucent Technologies China and as the General Manager of Petro Titan Hong Kong. He graduated from Tsinghua University and holds an MBA from McGill University in Canada, as well as an EMBA degree from Cheung Kong Graduate School of Business. Yucheng Hu, CEO of Mega Mat

PALO ALTO, Calif., Jan. 19, 2024 (GLOBE NEWSWIRE) -- Mega Matrix Corp. ("MPU" or the "Company") (NYSE:MPU), today announced that Mr. Xiangchen (Steven) Gao has been appointed as the Company's Chief Operating Officer. Mr. Gao will lead the development of the Company's new short drama business and will report directly to the Company's CEO, Mr. Yucheng Hu. Prior to joining the Company, Mr. Gao served as the Co-founder and Chief Operating Officer of Digital Element Co., Ltd. Before this, he held the position of Senior Investment Manager at Fengshion Capital. Between 2019 and 2021, Mr. Gao was the Senior Strategic Manager at ByteDance. From 2016 to 2019, he worked as a Senior Investment Manag

PALO ALTO, Calif., Feb. 16, 2023 (GLOBE NEWSWIRE) -- Mega Matrix Corp. ("MPU" or the "Company") (NYSE:MPU), today announced that its Singapore subsidiary, Saving Digital Pte. Ltd. ("Saving"), appointed Ms. Doris Wang as Chief Marketing Officer. Doris Wang joined Mega Matrix in February 2023. Prior to joining the Company, Ms. Wang served as CFO for a Web3.0 incubation company in Dubai between December 2022 to January 2023, and was an investor manager at E-life Holding located in Hong Kong and Beijing from 2019 to 2021. Ms. Wang also served as a VIP client manager at Prestige Financial Holding based in Hong Kong and Beijing between 2018 to 2019. Between 2014 to 2017, Ms. Wang set up her own

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Mega Matrix Corp. ("MPU" or the "Company") (NYSE:MPU), today announced that Yuder PTE, LTD, the Company's indirect majority-controlled subsidiary and operator of FlexTV, has formed a strategic cooperation with Foxmedia Co., Ltd., 100% controlled subsidiary of Neorigin Co.(KOSDAQ: 094860) and the operator of TopReels, the leading short drama platform in South Korea.

Gainers Orion Group Hldgs (NYSE:ORN) stock increased by 12.8% to $8.65 during Friday's regular session. The company's market cap stands at $284.2 million. Recruiter.Com Group (NASDAQ:RCRT) stock moved upwards by 11.23% to $1.56. The company's market cap stands at $2.2 million. Safe & Green Holdings (NASDAQ:SGBX) shares increased by 11.15% to $5.08. The company's market cap stands at $4.6 million. Shengfeng Development (NASDAQ:SFWL) shares increased by 11.11% to $2.0. The company's market cap stands at $164.9 million. NuScale Power (NYSE:SMR) shares increased by 9.89% to $6.44. The company's market cap stands at $558.7 million. The company's, Q1 earnings came out yesterday. ZIM Integrat

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Mega Matrix Corp. (NYSE:MPU) (the "Company" or "MPU") today announced FlexTV's operating metrics for the first two months of 2024. Following FlexTV's rise to 8th position in the Apple App Store Entertainment Top Charts (Free Apps, U.S.) in January 2024, FlexTV has achieved impressive operational performance for the first two months of 2024, which marked the successful acquisition of FlexTV by MPU and the rapid growth of FlexTV's short drama business. HighlightsFlexTV's unaudited top-up and subscription fee amount from the users in January and February 2024 reached a total of $6.5 million, marking a 360% increase compared to the total for November and December 2023. We anticipate that the rat

Gainers Intuitive Machines (NASDAQ:LUNR) shares moved upwards by 18.3% to $8.66 during Tuesday's pre-market session. The company's market cap stands at $253.0 million. Sarcos Technology (NASDAQ:STRC) stock moved upwards by 14.96% to $0.63. The company's market cap stands at $16.3 million. Gaucho Group Holdings (NASDAQ:VINO) shares moved upwards by 11.99% to $0.55. The market value of their outstanding shares is at $3.1 million. Nuburu (AMEX:BURU) shares increased by 9.99% to $0.18. The market value of their outstanding shares is at $6.6 million. Mega Matrix (AMEX:MPU) shares increased by 9.83% to $3.38. The market value of their outstanding shares is at $121.2 million. Ocean Power Tech

Gainers Lichen China (NASDAQ:LICN) stock rose 102.6% to $2.37 during Thursday's after-market session. The company's market cap stands at $62.8 million. VCI Global (NASDAQ:VCIG) stock rose 5.04% to $1.25. The market value of their outstanding shares is at $47.5 million. iPower (NASDAQ:IPW) stock increased by 4.98% to $0.7. The market value of their outstanding shares is at $20.7 million. As per the press release, Q2 earnings came out yesterday. Shengfeng Development (NASDAQ:SFWL) shares increased by 4.89% to $1.93. The company's market cap stands at $159.0 million. Mega Matrix (AMEX:MPU) shares rose 4.43% to $3.3. The company's market cap stands at $118.2 million. Westwater Resources (A

Gainers Ocean Power Techs (AMEX:OPTT) shares increased by 10.8% to $0.37 during Monday's after-market session. The company's market cap stands at $21.4 million. Fusion Fuel Green (NASDAQ:HTOO) stock moved upwards by 5.64% to $1.31. The market value of their outstanding shares is at $22.3 million. Guardforce AI Co (NASDAQ:GFAI) stock increased by 4.92% to $2.96. The company's market cap stands at $29.0 million. Mega Matrix (AMEX:MPU) stock increased by 4.83% to $2.6. The company's market cap stands at $93.1 million. WANG & LEE Group (NASDAQ:WLGS) stock moved upwards by 4.33% to $0.72. The market value of their outstanding shares is at $10.8 million. Markforged Holding (NYSE:MKFG) shares

Gainers Agrify (NASDAQ:AGFY) shares increased by 60.6% to $0.81 during Tuesday's pre-market session. The market value of their outstanding shares is at $5.5 million. C3is (NASDAQ:CISS) shares rose 24.35% to $0.17. The company's market cap stands at $4.7 million. Mega Matrix (AMEX:MPU) shares rose 12.04% to $3.72. The company's market cap stands at $133.3 million. AERWINS Technologies (NASDAQ:AWIN) shares increased by 11.59% to $0.11. The market value of their outstanding shares is at $6.9 million. Greenwave Tech Solns (NASDAQ:GWAV) stock rose 9.98% to $0.88. The company's market cap stands at $14.5 million. Innodata (NASDAQ:INOD) stock moved upwards by 6.57% to $11.51. The market value