reports
Mega Matrix Announces the Successful Completion of Investor Day and th...
Mega Matrix Announces the Successful Completion of Investor Day and the Publication of Articles from Grit Daily and Smartech Daily, highlighting FlexTV PALO ALTO, Calif., April 04, 2024 (GLOBE NEWSWIRE) -- 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 “Transf...
Mega Matrix Corp. Announces Investor Day Event
Mega Matrix Corp. Announces Investor Day Event PALO ALTO, Calif., April 02, 2024 (GLOBE NEWSWIRE) -- Mega Matrix Corp. (NYSE American: MPU) (the “Company” or “MPU”) is pleased to announce the forthcoming 2024 Investor Day Event, scheduled for April 3, 2024, at 10:00am ET. This significant gathering will be held at the prestigious Hamilton Room of the New York Stock Exchange. The Company will provide insights into its strategies, achievements, and future plans and look forward to sharing the progress and engaging with all the investors during this event. Additionally, the slides to be pre...
Mega Matrix Corp. Appoints Mr. Songtao Jia as Chief Strategy Officer
Mega Matrix Corp. Appoints Mr. Songtao Jia as Chief Strategy Officer PALO ALTO, Calif., March 22, 2024 (GLOBE NEWSWIRE) -- Mega Matrix Corp. (NYSE American: MPU) (the “Company” or “MPU”) is delighted to formally welcome Mr. Songtao Jia, the seasoned professional with extensive experience, to our team. Mr. Songtao Jia will be taking on the role of Chief Strategy Officer for MPU. Mr. Jia has an impressive background in technology and management, having previously served as the Executive Vice President of Lucent Technologies China and as the General Manager of Petro Titan Hong Kong. He grad...
MEGA MATRIX CORP. Provides Business Update
MEGA MATRIX CORP. Provides Business Update PALO ALTO, Calif., March 18, 2024 (GLOBE NEWSWIRE) -- Mega Matrix Corp. ("MPU" or the "Company") (NYSE American: MPU), today provided a business update. Recent Events During the first quarter of 2024, the company ceased its crypto-related business operation and is concentrating on its short drama streaming services. This transition is evident by the following significant events: On November 15, 2023, the Company entered into a non-binding letter of intent to acquire 60% of the voting capital stock of Yuder Pte, Ltd. On January 8, 2024, the Com...
Mega Matrix Announces short drama “Love in the Dark” Coming soon on Fl...
Mega Matrix Announces short drama “Love in the Dark” Coming soon on FlexTV An Extraordinary Tale of Romance Between the Heiress and Her Bodyguard PALO ALTO, Calif., March 14, 2024 (GLOBE NEWSWIRE) -- Following the explosive success of the hit series "Mr. Williams! Madame Is Dying," which reached $2 million USD in top-up fees within a week and total top-up amount reached $3.5 million by the end of February 2024, the short drama platform FlexTV has announced its latest series, "The Heiress and Her Bodyguard," is set to premiere soon. This new short drama is anticipated to be one of the mo...
Mega Matrix Announced its Plan to Launch $100 Million “Mars Content In...
Mega Matrix Announced its Plan to Launch $100 Million “Mars Content Initiative” for Next Three Years PALO ALTO, Calif., March 08, 2024 (GLOBE NEWSWIRE) -- Mega Matrix Corp. (NYSE American: MPU), today announced its "Mars Content Initiative," where it intends spend up to $100 million over the next three years to produce short dramas that will be released on its short drama platform, FlexTV. Following FlexTV's rise to 8th position in the U.S. Apple App Store's entertainment category (US) in January 2024, this initiative highlights MPU's commitment to leading the short drama sector. ...
Mega Matrix Announced the Publishing of the Article from MIT Technolog...
Mega Matrix Announced the Publishing of the Article from MIT Technology Review highlighting FlexTV PALO ALTO, Calif., March 07, 2024 (GLOBE NEWSWIRE) -- Reaching a remarkable $2 million USD in top-up fees within a week, the short drama 'Mr. Williams! Madame Is Dying' has captivated audiences. The production company behind this compelling piece, FlexTV, is now garnering public attention. Recently, an article from the MIT Technology Review was published, spotlighting the rise of short dramas, particularly highlighting FlexTV, which is operated by Yuder Pte, Ltd., an indirect majority-contro...
Mega Matrix Announces Inspiring Operating Metrics for the First Two Mo...
Mega Matrix Announces Inspiring Operating Metrics for the First Two Months of 2024 PALO ALTO, Calif., March 01, 2024 (GLOBE NEWSWIRE) -- Mega Matrix Corp. (NYSE American: MPU) (the “Company” or “MPU”) today announced FlexTV’s operating metrics for the first two months of 2024. Following FlexTV's rise to 8th position in the Apple App Store Entertainment Top Charts (Free Apps, U.S.) in January 2024, FlexTV has achieved impressive operational performance for the first two months of 2024, which marked the successful acquisition of FlexTV by MPU and the rapid growth of FlexTV’s short drama bus...
Mega Matrix Announces FlexTV’S Surge Into Top Ten Free Iphone Entertai...
Mega Matrix Announces FlexTV’S Surge Into Top Ten Free Iphone Entertainment Apps (U.S.) as of JAN. 21, 2024 PALO ALTO, CA, Jan. 22, 2024 (GLOBE NEWSWIRE) -- Mega Matrix Corp. ("MPU" or the "Company") (NYSE American: MPU) has announced that FlexTV, its short drama streaming platform, has hit the top ten in the Apple App Store Entertainment Top Charts (Free Apps, U.S.) as of the time of the release/January 21, 2024, tailgating industry giant Netflix by four spots. This significant achievement marks a small milestone for FlexTV and underscores its growing influence in the surging realm of sh...
Mega Matrix Corp. Appoints Xiangchen (Steven) Gao as Chief Operating O...
Mega Matrix Corp. Appoints Xiangchen (Steven) Gao as Chief Operating Officer PALO ALTO, Calif., Jan. 19, 2024 (GLOBE NEWSWIRE) -- Mega Matrix Corp. ("MPU" or the "Company") (NYSE American: MPU), today announced that Mr. Xiangchen (Steven) Gao has been appointed as the Company’s Chief Operating Officer. Mr. Gao will lead the development of the Company’s new short drama business and will report directly to the Company’s CEO, Mr. Yucheng Hu. Prior to joining the Company, Mr. Gao served as the Co-founder and Chief Operating Officer of Digital Element Co., Ltd. Before this, he held the posit...
Mega Matrix Corp. Announced That It Has Successfully Closed the Acquis...
Mega Matrix Corp. Announced That It Has Successfully Closed the Acquisition of 60% of the Parent of FlexTV, a Short Drama Streaming Platform PALO ALTO, Calif., Jan. 08, 2024 (GLOBE NEWSWIRE) -- Mega Matrix Corp. ("MPU" or the "Company") (NYSE American: MPU), today announced that it has entered into and closed a definitive Share Exchange Agreement with FunVerse Holding Limited (“FunVerse”), a company incorporated under the laws of the British Virgin Islands and the sole parent company of Yuder Pte, Ltd. ("Yuder”), and the shareholders of FunVerse on January 7, 2024. Pursuant to the agreem...
MEGA MATRIX CORP. announced that it has entered into a Non-binding Let...
MEGA MATRIX CORP. announced that it has entered into a Non-binding Letter of Intent with Yuder Pte, Ltd, a Mid-Length Streaming Platform Company focusing on Short Drama PALO ALTO, Calif., Nov. 15, 2023 (GLOBE NEWSWIRE) -- Mega Matrix Corp. ("MPU" or the "Company") (NYSE American: MPU), today announced that it has entered into a non-binding letter of intent to acquire sixty percent (60%) of the voting capital stock (the “Acquisition”) of Yuder Pte, Ltd. (“Yuder”), a mid-length streaming platform company focusing on short drama in exchange for 1,500,000 shares of the Company’s common stock,...
MEGA MATRIX CORP. Reports Third Quarter 2023 Financial Results
MEGA MATRIX CORP. Reports Third Quarter 2023 Financial Results PALO ALTO, Calif., Nov. 13, 2023 (GLOBE NEWSWIRE) -- Mega Matrix Corp. ("MPU" or the "Company") (NYSE American: MPU), today announced financial results for its third quarter ended September 30, 2023. Financial Highlights The Company had cash and cash equivalents of $2.0 million, and total liquidity (defined as cash equivalents and restricted cash, stable coins and digital assets) of approximately $7.0 million, as of September 30, 2023. Total assets were $9.0 million as of September 30, 2023. Equity attributable to MPU’s shar...
MEGA MATRIX CORP. Reports Second Quarter 2023 Financial Results
MEGA MATRIX CORP. Reports Second Quarter 2023 Financial Results PALO ALTO, Calif., Aug. 14, 2023 (GLOBE NEWSWIRE) -- Mega Matrix Corp. ("MPU" or the "Company") (NYSE American: MPU), today announced financial results for its second quarter ended June 30, 2023. Financial Highlights The Company had cash and cash equivalents of $6.8 million, and total liquidity (defined as cash equivalents and restricted cash, stable coins and digital assets) of approximately $9.2 million, as of June 30, 2023. Total assets were $10.8 million as of June 30, 2023. Equity attributable to MPU’s shareholders...
Mega Matrix Corp. Announces Additional Operation Capacity of Ethereum ...
Mega Matrix Corp. Announces Additional Operation Capacity of Ethereum Staking Validators for Bit Digital PALO ALTO, Calif., June 05, 2023 (GLOBE NEWSWIRE) -- Mega Matrix Corp. (“MTMT” or the “Company”) (NYSE American: MPU), today announced that additional capacity of Ethereum staking validators was operated through its self-developed institutional grade designed staking platform, MarsProtocol. During May 2023, MarsProtocol enabled Bit Digital Singapore PTE. LTD. ("BTBT") with staking technology tools to add 257 more validators (equivalent to 8,224 Ethereum) to ETH Beacon Chain. This expa...
MEGA MATRIX CORP. Reports First Quarter 2023 Financial Results
MEGA MATRIX CORP. Reports First Quarter 2023 Financial Results PALO ALTO, Calif., May 12, 2023 (GLOBE NEWSWIRE) -- Mega Matrix Corp. ("MPU" or the "Company") (NYSE American: MPU), today announced financial results for its fiscal first quarter ended March 31, 2023. Financial Highlights The Company had cash and cash equivalents of $8.6 million, and total liquidity (defined as cash equivalents and restricted cash, stable coins and digital assets) of approximately $11.6 million, as of March 31, 2023. Total assets were $12.1 million as of March 31, 2023. Equity attributable to MPU’s sharehol...
MEGA MATRIX CORP. Reports Fiscal Year 2022 Financial Results
MEGA MATRIX CORP. Reports Fiscal Year 2022 Financial Results PALO ALTO, Calif., March 31, 2023 (GLOBE NEWSWIRE) -- Mega Matrix Corp. ("MPU" or the "Company") (NYSE American: MPU), today announced financial results for its fiscal year ended December 31, 2022. Financial Highlights The Company had cash and cash equivalents of $7.3 million, and total liquidity (defined as cash equivalents and restricted cash, stable coins and digital assets) of approximately $10.7 million, as of December 31, 2022. Total assets were $12.6 million as of December 31, 2022. Equity attributable to MPU’s sharehol...
Mega Matrix Corp. Announces Establishment of a Joint Venture With Bit ...
Mega Matrix Corp. Announces Establishment of a Joint Venture With Bit Digital, Inc. to Jointly Provide Digital Assets Staking Services PALO ALTO, Calif., March 07, 2023 (GLOBE NEWSWIRE) -- Mega Matrix Corp. (“MTMT” or the “Company”) (NYSE American: MPU), today announced that its wholly-owned Singapore subsidiary, Saving Digital Pte. Ltd. (“Saving”) has formed a joint venture with Bit Digital, Inc. (NASDAQ: BTBT) (“Bit Digital”) by entering into a shareholders’ agreement (the “Agreement”) with MarsProtocol Technologies Pte. Ltd., the joint venture company (the “JV Company”), to jointly pro...
Mega Matrix Corp. Appoints Doris Wang as Chief Marketing Officer
Mega Matrix Corp. Appoints Doris Wang as Chief Marketing Officer PALO ALTO, Calif., Feb. 16, 2023 (GLOBE NEWSWIRE) -- Mega Matrix Corp. (“MPU” or the “Company”) (NYSE American: MPU), today announced that its Singapore subsidiary, Saving Digital Pte. Ltd. (“Saving”), appointed Ms. Doris Wang as Chief Marketing Officer. Doris Wang joined Mega Matrix in February 2023. Prior to joining the Company, Ms. Wang served as CFO for a Web3.0 incubation company in Dubai between December 2022 to January 2023, and was an investor manager at E-life Holding located in Hong Kong and Beijing from 2019 to 2...
MEGA MATRIX CORP. ANNOUNCES NYSE AMEX Ticker Symbol Change from MTMT t...
MEGA MATRIX CORP. ANNOUNCES NYSE AMEX Ticker Symbol Change from MTMT to MPU PALO ALTO, Calif., Jan. 27, 2023 (GLOBE NEWSWIRE) -- Mega Matrix Corp. (“MTMT” or the “Company”) (NYSE American: MTMT), today announced that it will be changing its ticker symbol from “MTMT” to “MPU”. Effective on Monday, February 6, 2023, the Company’s common shares will trade on the NYSE American (NYSE AMEX) under the new symbol “MPU”. “We are very excited about changing our ticker symbol to “MPU” as it will more closely align with our MarsProtocol brand for our digital assets staking business,” said Mr. ...
Unfortunately, this report is not available for the investor type or country you selected.
Report is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.