MPU Delivered a Speech at the 45th American Film Market FlexTV International Forum - "Short Dramas: Where Entertainment Meets the Internet" - Full Coverage by HTTV NEWS L.A.
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.
MPU ha partecipato al 45° Forum Internazionale FlexTV del American Film Market a Las Vegas, discutendo il tema 'Drammi Brevi: Dove l'Intrattenimento Incontra Internet.' L'evento, coperto da HTTV NEWS L.A., ha visto il Chief Strategy Officer di MPU, Songtao Jia, tenere un discorso principale sull'impatto dei drammi brevi come formato di intrattenimento emergente. FlexTV, la piattaforma di streaming di MPU, è stata messa in evidenza per la sua influenza nel mercato nordamericano. Il forum ha esplorato le tendenze di mercato, lo scambio di diritti di proprietà intellettuale, le strategie di ingresso nel settore e le tecnologie emergenti, con l'AFM che ha facilitato oltre 1 miliardo di dollari in accordi annuali di distribuzione e finanziamento.
MPU participó en el 45º Foro Internacional FlexTV del Mercado de Cine Americano en Las Vegas, discutiendo el tema 'Dramas Cortos: Donde el Entretenimiento se Encuentra con Internet.' El evento, cubierto por HTTV NEWS L.A., contó con la participación del Director de Estrategia de MPU, Songtao Jia, quien ofreció una charla principal sobre el impacto de los dramas cortos como un formato de entretenimiento emergente. FlexTV, la plataforma de streaming de MPU, fue destacada por su influencia en el mercado norteamericano. El foro exploró tendencias de mercado, intercambio de propiedad intelectual, estrategias de entrada al sector y tecnologías emergentes, con el AFM facilitando más de 1 mil millones de dólares en acuerdos anuales de distribución y financiamiento.
MPU는 라스베가스에서 열린 제45회 미국 영화 시장의 FlexTV 국제 포럼에 참여하여 '단편 드라마: 엔터테인먼트가 인터넷과 만나는 곳'이라는 주제를 논의했습니다. HTTV 뉴스 L.A.에 의해 보도된 이 행사에서 MPU의 최고 전략 책임자인 송타오 지아가 단편 드라마의 신흥 엔터테인먼트 포맷으로서의 영향력에 대한 기조 연설을 진행했습니다. FlexTV, MPU의 스트리밍 플랫폼은 북미 시장에서의 영향력으로 주목받았습니다. 포럼은 시장 동향, 지적 재산 교환, 산업 진입 전략 및 신기술을 탐구했으며, AFM은 연간 10억 달러 이상의 배급 및 금융 거래를 촉진했습니다.
MPU a participé au 45e Forum International FlexTV du American Film Market à Las Vegas, discutant le thème 'Dramas Courts : Où le Divertissement Rencontre Internet.' L'événement, couvert par HTTV NEWS L.A., a vu le Directeur Stratégique de MPU, Songtao Jia, donner une conférence sur l'impact des drames courts en tant que format de divertissement émergent. FlexTV, la plateforme de streaming de MPU, a été mise en avant pour son influence sur le marché nord-américain. Le forum a exploré les tendances du marché, l'échange de droits de propriété intellectuelle, les stratégies d'entrée dans l'industrie et les technologies émergentes, avec l'AFM facilitant plus de 1 milliard de dollars d'accords annuels de distribution et de financement.
MPU hat am 45. internationalen FlexTV-Forum des American Film Market in Las Vegas teilgenommen und das Thema 'Kurze Dramen: Wo Unterhaltung auf das Internet trifft' diskutiert. Die Veranstaltung, die von HTTV NEWS L.A. abgedeckt wurde, beinhaltete eine Keynote des Chief Strategy Officer von MPU, Songtao Jia, über die Auswirkungen von kurzen Dramen als aufkommendes Unterhaltungsformat. FlexTV, die Streaming-Plattform von MPU, wurde für ihren Einfluss auf den nordamerikanischen Markt hervorgehoben. Das Forum erkundete Markttrends, den Austausch von IP-Rechten, Eintrittsstrategien in die Branche und aufkommende Technologien, während AFM jährlich über 1 Milliarde Dollar an Verträgen für Distribution und Finanzierung erleichtert hat.
- FlexTV platform recognized as a leading global streaming platform for short drama
- Company's exclusive focus on short drama positions it uniquely in the US stock market
- Platform's ability to use data analytics for precise audience preference identification
- None.
Insights
This conference participation, while showcasing MPU's presence in the short drama streaming space, lacks immediate material impact on the company's financial performance or stock value. The event primarily focused on industry discussions and networking rather than announcing new deals, partnerships, or financial metrics.
FlexTV's recognition at AFM indicates growing industry attention, but without concrete business outcomes or revenue projections, this news remains primarily promotional. While the
For a company with a market cap of
AFM, owned and operated by the Independent Film & Television Alliance (IFTA), stood as a premier global event for film acquisition, development, and networking, attracting hundreds of finance, production, sales, and distribution companies, along with thousands of industry professionals each year. With more than
During the forum, Chief Strategy Officer of MPU, Songtao Jia, delivered a keynote that highlighted the revolutionary impact of short drama as an emerging entertainment format. Showcasing MPU's most popular short drama Mr. Williams! Madame Is Dying, he illustrated how the short drama model adapted to shorter audience attention spans and vertical viewing trends, and through data analytics, how MPU precisely identified audience preferences, aligning content with viewer demand.
Executives from other short drama platforms and industry leaders further examined the rise of short drama in
As the only company listed on the
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 Yuder Pte, Ltd., an indirect wholly owned subsidiary of the Company. Mega Matrix Inc. is a Cayman Islands corporation headquartered in Singapore. For more information, please contact info@megamatrix.io or visit: http://www.megamatrix.io.
Key Metrics
The numbers for our key metrics, which include our total active users (TAU), total paying users (TPU), average membership and top-up streaming service revenue per active user (ARPU), and average membership and top-up streaming service revenue per paying user (ARPPU), are calculated using internal company data based on the activity of user accounts. We define an active user as a user who has downloaded and opened the FlexTV app at least once. We define a paying user as a user who has registered for a membership or has topped up, provided a method of payment, and is entitled to access FlexTV services (this membership or topping up does not include participation in free trials or other promotional offers extended by FlexTV to new users). We define ARPU as average membership and top-up streaming services revenue generated by each active user in one quarter. We define ARPPU as average membership and top-up streaming services revenue generated by each paying user in one quarter. We use these metrics to assess the growth and health of the overall business and believe that ARPU best reflects our ability to attract, retain, engage and monetize our users, and thereby drive revenue. While these numbers are based on what we believe to be reasonable estimates of our user base for the applicable period of measurement, there are inherent challenges in measuring usage of our products across large online and mobile populations around the world. In addition, we are continually seeking to improve our estimates of our user base, and such estimates may change due to improvements or changes in technology or our methodology.
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 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 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 heading "Risk Factors" in documents filed by the Company with the Securities and Exchange Commission ("SEC"), including the Company's latest annual report on Form 10-K, as amended, filed with the SEC on August 19, 2024, 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:
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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.
For inquiries, please contact: Info@megamatrix.io
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SOURCE Mega Matrix Inc.
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