PALO ALTO, California., 12 August 2024 /PRNewswire/ — Mega Matrix Corp. (“MPU” or the “Company”) (NYSE American: MPU) today announced that FlexTV, its short-form drama streaming platform, was ranked #3 on the App Store Entertainment charts (free apps, Indonesia) and Google Play Entertainment App (Free Apps, Indonesia) Status 12 August 2024.
This success further consolidates FlexTV’s leading position in the Asian market and demonstrates its great popularity on a global level.
FlexTV’s relentless efforts in content innovation and technological optimization have enabled the company to thrive in a highly competitive market. Indonesia is an important digital consumer market in Southeast Asia; FlexTV has quickly gained widespread recognition and praise from local users for its rich and diverse high-quality original short drama content, high-definition and smooth viewing experience and personalized recommendation system. Looking ahead, FlexTV aims to explore more opportunities to meet the diverse needs of global audiences. With its continued growth in markets such as IndonesiaThe platform is confident of further expanding its influence in Asia and worldwide.
MPU operates the world’s leading short drama streaming platform FlexTV through Yuder Pte. ltd. and currently distributes short drama content to over 100 countries worldwide, covering multiple language versions including English, Japanese, Korean, Portuguese, Spanish and Arabic. The platform offers a wide variety of high-quality original short dramas including modern domineering presidents, revenge plots, thrillers, time travel, comedies and other popular themes, allowing users to freely choose according to their personal preferences and enjoy high-definition and smooth streaming services anytime and anywhere. For more exciting content, please visit https://www.flextv.cc/.
About Mega Matrix: Mega Matrix Corp. (NYSEAMEX: MPU) is a holding company and operates FlexTV, a short video streaming platform and producer of short dramas, through Yuder Pte, Ltd., an indirect majority-controlled subsidiary of Mega Matrix. Mega Matrix is a Delaware Companies based in Palo Alto, California. For more informationan, plJust visit: http://www.megamatrix.io.
Forward-looking statements
This press release contains forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. All statements in this press release, other than purely historical statements, are forward-looking statements. When used in this press release, the words “estimates,” “projects,” “expects,” “anticipates,” “forecasts,” “plans,” “intends,” “believes,” “seeks,” “may,” “will,” “should,” “future,” “proposes” and variations of these words or similar expressions (or the negative versions of such words or expressions) are intended to identify forward-looking statements. These forward-looking statements are not guarantees of future performance, conditions or results and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are beyond the control of the Company and which could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements. Important factors include, among others: the ability to manage growth; the ability to identify and integrate future acquisitions; the ability to grow and expand our FlexTV business; the ability to implement the strategic cooperation with TopReels; the ability to obtain additional financing in the future to fund capital expenditures; fluctuations in general economic and business conditions; costs or other factors adversely affecting the Company’s profitability; litigation relating to patents, intellectual property and other matters; possible changes in the legal and regulatory environment; a pandemic or epidemic; the possibility that the Company will be unable to develop its new business segments due to, among other things, changes in the business environment, competition, changes in regulation or other economic and political factors; and the possibility that the Company’s new business segments will be adversely affected by other economic, business and/or competitive factors. The forward-looking statements in this press release and the Company’s future operating results are subject to additional risks and uncertainties listed under the heading “Risk Factors” in the Company’s filings with the Securities and Exchange Commission, including the Company’s most recent Annual Report on Form 10-K, which are based on information available to the Company as of the date of this press release. In addition, such risks and uncertainties include the Company’s inability to predict or control bankruptcy proceedings and the uncertainties related to the ability to generate cash proceeds from the sale or other monetization of the Company’s assets. The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law. Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date of this press release.
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