Mega Matrix announces FlexTV’s rise to the top 4 of the App Store Entertainment Charts (Free Apps, Saudi Arabia) as of August 27, 2024

PALO ALTO, California., 28 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 #4 on the App Store Entertainment charts (free apps, Saudi Arabia) Status 27.August2024.

This achievement not only provides a solid foundation for FlexTV’s further expansion in the Middle East market, but also signals the continued growth and broad recognition of the platform on a global level.

The Middle Easta crucial part of the global digital media market, has a rapidly growing internet user base and strong demand for high-quality streaming content. Saudi Arabiaone of the key markets in the region, shows high acceptance of new digital platforms and maintains strict standards for content diversity and quality. FlexTV will continue to enhance the platform experience and expand its content library to bring even more exciting original short dramas to a global audience.

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, French 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 further information please contact (email protected) 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 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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