SINGAPORE, Dec. 18, 2024 /PRNewswire/ -- MPU FlexTV participated in several short drama industry events in early December, which demonstrates its continuous innovation and growing influence in the global short drama market.

• Awarded "2024 Best Overseas Platform" by DataEye (Dec 8, Lingshui, Hainan):

FlexTV, operated by Mega Matrix Inc. (NYSE American: MPU), received the "2024 Best Overseas Platform" award at the DataEye Awards during the Hainan Island International Film Festival. The DataEye Short Drama Heat Rankings is a highly influential list in the industry, selecting winners for awards such as Best Platform, Best Production, and Best Copyright based on objective data. This recognition highlights MPU's leadership in short drama production, distribution, and marketing, along with its deep understanding of global audience preferences.

• TikTok for Business High-Level Roundtable (Dec 13, Sanya, Hainan):

  Investment Director of MPU FlexTV, Lancy Wu, joined an exclusive discussion with industry leaders on the global short drama ecosystem. Topics included advanced marketing strategies, ecosystem expansion, and compliance trends, offering MPU valuable insights to refine its global strategy.

• XIN WANR Short Drama Summit (Dec 14, Hangzhou, Zhejiang):

  At this forum, Lancy Wu participated in a roundtable discussion on "Short Drama Expansion and Opportunities Overseas." She highlighted the exponential growth of international markets, the importance of localized content, and the need for efficient cross-border collaboration. Wu also shared observations on audience preferences, emphasizing opportunities to create content that resonates across demographics and regions.

Looking Ahead to 2025

As MPU continues its journey of innovation and expansion, it remains focused on increasing its content library, adopting advanced technologies, and building strategic partnerships. By integrating global best practices and fostering cross-cultural collaborations, MPU aims to drive the sustainable growth of the short drama industry and enhance its global impact.

About Mega Matrix Inc.: Mega Matrix Inc. (NYSE American: MPU) is a holding company and operates FlexTV, a short-video streaming platform and producer of short dramas, through its subsidiary, Yuder Pte, Ltd.. Mega Matrix Inc. is a Cayman Island corporation headquartered in Singapore. For more information, please contact info@megamatrix.io or 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 United States Private Securities Litigation Reform Act of 1995. All statements in this press release other than statements that are purely historical are forward looking statements.

When used in this press release, the words "estimates," "projected," "expects," "anticipates," "forecasts," "plans," "intends," "believes," "seeks," "may," "will," "should," "future," "propose," 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 for future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside the Company's control, that could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements. Important factors, among others, are: the ability to manage growth; ability to identify and integrate future acquisitions; ability to grow and expand our FlexTV business; ability to execute the strategic cooperation with TopReels, ability to obtain additional financing in the future to fund capital expenditures; ability to establish the investment fund with 9 Yards Communications under the memorandum of understanding; fluctuations in general economic and business conditions; costs or other factors adversely affecting the Company's profitability; litigation involving patents, intellectual property, and other matters; potential changes in the legislative and regulatory environment; a pandemic or epidemic; the possibility that the Company may not succeed in developing its new lines of businesses due to, among other things, changes in the business environment, competition, changes in regulation, or other economic and policy factors; and the possibility that the Company's new lines of business may be adversely affected by other economic, business, and/or competitive factors. The forward-looking statements in this press release and the Company's future results of operations are subject to additional risks and uncertainties set forth under the "Risk Factors" in documents filed by the Company's predecessor, Mega Matrix Corp., with the Securities and Exchange Commission, including the Company's latest annual report on Form 10-K, as amended, and are based on information available to the Company on the date hereof. In addition, such risks and uncertainties include the Company's inability to predict or control bankruptcy proceedings and the uncertainties surrounding the ability to generate cash proceeds through 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 applicable law. Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date of this press release.

Disclosure Channels

We announce material information about the Company and its services and for complying with our disclosure obligation under Regulation FD via the following social media channels:

The Company will also use its landing page on its corporate website (www.megamatrix.io) to host social media disclosures and/or links to/from such disclosures. The information we post through these social media channels may be deemed material. Accordingly, investors should monitor these social media channels in addition to following our website, press releases, SEC filings and public conference calls and webcasts. The social media channels that we intend to use as a means of disclosing the information described above may be updated from time to time as listed on our website.