Mega Matrix Inc., through its wholly-owned indirect subsidiary, Yuder Pte, Ltd. (Yuder), operates FlexTV, a short-video streaming platform and producer of short dramas.
The company produces English and Thai dramas that are translated into different languages for its users that are spread across various parts of the world, such as Europe, America, and Southeast Asia. In addition to creating original dramas, Yuder acquires third party content licenses which it then translates and distributes on i...
Mega Matrix Inc., through its wholly-owned indirect subsidiary, Yuder Pte, Ltd. (Yuder), operates FlexTV, a short-video streaming platform and producer of short dramas.
The company produces English and Thai dramas that are translated into different languages for its users that are spread across various parts of the world, such as Europe, America, and Southeast Asia. In addition to creating original dramas, Yuder acquires third party content licenses which it then translates and distributes on its FlexTV platform. To deliver diverse and international content to its users, Yuder’s produces film in various parts of the world, including but not limited to, the United States, Mexico, Australia, Thailand, and the Philippines.
Through Yuder, FunVerse operates FlexTV, a short drama streaming platform based in Singapore that produces English and Thai dramas that are also translated into different languages for the company’s users that are spread across various parts of the world, such as Europe, America, and Southeast Asia. In addition to creating original dramas, Yuder acquires third party content licenses which it then translates and distributes on is FlexTV platform. FlexTV stands out as an innovative force, introducing short dramas as a unique form of storytelling, committed to leading vertical screen entertainment globally.
The company recognizes the significant impact of short video platforms like Facebook Reels, Instagram Reels, YouTube Shorts, TikTok, and others on user behaviors. The company’s dedication to innovative short dramas stems from a deep understanding of evolving viewing habits influenced by shorter attention spans and increased multitasking. The company delivers content that connects with diverse audiences worldwide, promoting cultural appreciation and entertainment on a global scale, and bringing joy to the lives of users worldwide. The content characteristics of short dramas determine that they can be produced in quick batches and monetized rapidly.
FlexTV has already formed a mature content business model that integrates content production, distribution, and operation. Short drama content on the FlexTV platform is divided into two categories: one category consists of dramas in which the company participates in production, primarily in English and Thai, and the other category consists of translated dramas, where it purchases the copyrights of completed high-quality short dramas from third parties and then translate them into multiple languages, including but not limited to English, Spanish, Portuguese, Japanese, Korean, and Thai.
The company generates platform revenue primarily through top-up and subscription fees for services related to streaming content to its users and advertisements presented on its streaming service. The company offers a variety of streaming top-up and subscription plans. Users typically can watch about five to ten episodes of each short drama on the company’s platform for free. To continue watching, they will need to top up their account to acquire in-app coins on its platform, which are then used to continue viewing the short dramas. Users can also earn in-app coins to watch short dramas by completing daily and new user tasks, such as watching ads, inviting friends, and sharing FlexTV on Facebook and TikTok. The in-app coins can only be used on the company’s platform and are not transferrable. Users can subscribe to FlexTV memberships on a weekly, monthly, quarterly, or annual basis, and during the membership subscription period, users will have unlimited access to view any short drama on FlexTV.
International Markets
FlexTV is available in more than 100 countries. The company’s production teams film in various locations including, but not limited to, United States, Mexico, Australia, Thailand, and Philippines. The company will continue to expand its international markets and collaborate with local partners in each major market.
FlexTV is available in more than 100 countries. The company’s production teams film in various locations including, but not limited to, United States, Mexico, Australia, Thailand, and Philippines. The company will continue to expand its international markets and collaborate with local partners in each major market.
Intellectual Property
As of March 9, 2024, the company held ten (10) pending trademark applications in the United States, three (3) pending ones in Singapore, two (2) pending ones in Hong Kong, four (4) pending ones in British Virgin Islands, four (4) pending ones in Thailand and three (3) completed trademark applications in Singapore.
Government Regulations
Content regulation and licensing: Compliance with specific licensing requirements in each country such as the Over-the-Top (OTT) Niche Television Service License in Singapore and equivalent regulations in other jurisdictions where the company’s services are available. This includes adherence to content codes for OTT, video on demand, and niche services to align with public interest and decency standards.
History
Mega Matrix Inc. was incorporated in 1997.
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