Mega Matrix Announces the Successful Completion of Investor Day and the Publication of Articles from Grit Daily and Smartech Daily, highlighting FlexTV
April 04 2024 - 4:58PM
Mega Matrix Corp. (“Company”) (NYSE American: MPU) is pleased to
announce the successful completion of Investor Day event. The
media, Grit Daily and Smartech published articles, after attending
our Investor Day, spotlighting FlexTV as an innovator in the
entertainment industry. FlexTV is operated by Yuder Pte, Ltd., an
indirect majority-controlled subsidiary of us.
Grit Daily
“Transforming Screen Time: How FlexTV and Short-Form
Content Are Redefining Streaming”
The report believes that FlexTV is redefining the streaming
platform. According to the article, the streaming industry's market
share is $544 billion, with forecasts indicating it will reach
$19.02 trillion by 2030, demonstrating a paradigm shift in content
consumption. Even within this industry, a revolution is occurring,
with traditional movies and TV facing a strong opponent: short-form
content.
FlexTV has identified this market and entered decisively. This
is because there has been a significant change in viewers' habits,
shifting from long videos to short videos of a few minutes or 30
minutes. Additionally, there has been a change in the way content
is delivered.
Modern audiences have increasingly shorter attention spans and
prefer multitasking, a change that is profound. This shift has
given platforms like FlexTV the opportunity to focus on fast-paced
content and emotional impact.
The article link is:
https://gritdaily.com/how-flextv-short-form-content-redefining-streaming/
Smartech Daily
“Bridging Worlds: How FlexTV is Globalizing Short-Form
Content in the Streaming Era”
Streaming media is considered the only continuously growing
industry in the entertainment industry, with multiple platforms
competing to become leaders. In capturing viewers' attention,
short-form video content is becoming a significant player. YouTube
Shorts and TikTok have defined this trend, attracting millions of
users.
FlexTV, which integrates streaming media and short content, has
found a new market space by turning user-created short content into
professional content, utilizing AI, data analysis, and other
professional methods to create high-quality content that users
love.
You can find the article link
here:https://smartechdaily.com/how-flextv-is-globalizing-short-form-content/ (https://smartechdaily.com/how-flextv-is-globalizing-short-form-content/)
The Company CEO, Yucheng Hu said, “These articles provide a
comprehensive and thorough analysis of FlexTV, enabling readers to
clearly understand what products we offer, as well as our business
model and technological innovations. MPU will continue to work hard
to attract more viewers and gain more market share.”
About Mega Matrix: Mega Matrix Corp. (NYSE
AMEX: 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 corporation headquartered in Palo Alto,
CA. 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 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, including the Company's latest
annual report on Form 10-K, 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.
Contact:
Info@megamatrix.io
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