Company Announcements

SINGAPORE , April 16, 2025 /PRNewswire/ -- Last week (April 7–11, 2025), FlexTV, the short drama streaming platform under Mega Matrix Inc. (NYSE American: MPU), unveiled six compelling new English series. Spanning genres from urban fantasy and emotional entanglements to female empowerment and cyclical fate, each production offers a unique lens on the resilience and complexity of the human spirit. These stories, ranging from rags-to-riches tales to timeless love that transcends eras, form a rich tapestry of courage, love, and self-discovery. 

Highlights of Short Dramas

1. Karma's Landlord (April 8)
After being betrayed by his wife and a privileged heir, security guard Aidan Ward unexpectedly acquires divine powers as the Landlord of Fate. Reborn as the guardian of Cloud City, he wields his newfound strength to confront a conspiracy by the influential Shaw family, who use the mystical "Destiny Stone" to manipulate the city's fate. Aidan's transformation from mortal to god underscores the power of unwavering conviction in the face of injustice.

2. Hocus Pocus, Who's the Focus? (April 8)
Single mother Olivia Reed, desperate to save her leukemia-stricken son, pawns a Blackwood family heirloom—only to become the secretary to Maxwell, heir to the same lineage. As long-buried secrets resurface, their professional dynamic gives way to a deeper reckoning with a mysterious bond formed five years ago.

3. MILF Wars: The Final Season (April 9)
Business mogul Amanda Wilson's relationship with the younger, domineering CEO Ethan Morgan is upended by entangled family histories. With her former classmates now her in-laws and her son at odds with her lover, Amanda must navigate a minefield of social taboos and familial expectations in her quest for love.

4. Little Miss Can't Be Fooled (April 10)
At her own engagement party, intern reporter Stella exposes her fiancé's infidelity and unexpectedly enters a marriage of convenience with aerospace engineer Miles. What starts as revenge soon evolves into genuine affection as the two unravel a corporate espionage mystery tied to Miles' work—and their shared destiny.

5. After Divorce, I Built a Fabulous Life (April 10)
After a painful divorce, brilliant designer Mia reinvents herself from homemaker to rising fashion icon. As her ex-husband Tyler attempts to win her back, their emotional tug-of-war becomes a poignant narrative of female resilience and the reclaiming of self-worth.

6. Veil of My Juliet (April 11)
Nicholas Pierce, burdened by a past-life curse, is reunited with Rachel Hayes—the reincarnation of the lover he once mistakenly killed. To break the cycle of fate, they must confront generations-old blood feuds and unravel a labyrinth of forgotten memories, ultimately uncovering a thousand-year-old truth of sacrifice and redemption.

Through gripping plots and emotionally resonant characters, these series blend dramatic intensity with humanistic reflection. Whether it's a betrayed guard, a reborn housewife, or star-crossed lovers breaking free from fate, each story affirms a universal truth: true liberation begins with loyalty to oneself.

Available in over 100 countries and regions, FlexTV supports 15 languages including English, Japanese, and Korean. With high-quality content and an exceptional viewing experience, the platform continues to win the hearts of global audiences. Looking ahead, FlexTV remains committed to genre innovation and storytelling excellence, delivering even more diverse and engaging series for viewers worldwide. For more captivating series, visit https://www.flextv.cc/. 

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 period active users (PAU), period paying users (PPU), 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 20-F, filed with the SEC on March 28, 2025, 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.

For inquiries, please contact: Info@megamatrix.io

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SOURCE Mega Matrix Inc.