$Mega Matrix(MPU)$I would like to buy some shares of this stock!
The stock has risen by more than 160% since the company announced the successful acquisition of the short film platform FlexTV on January 8.
On January 8, $Mega Matrix(MPU)$ , a listed company on the New York Stock Exchange, announced the successful acquisition of FlexTV, a video streaming platform company.
This means that MPU has become the first short-drama company in the world to be listed on the US stock market. The market has welcomed a powerful new player.
The acquired short drama platform company FlexTV has a team of less than 100 people, but it has produced a series of English dramas and Thai dramas with users in more than 100 countries in Europe, America and Southeast Asia. The filming team works in the United States, the United Kingdom, Australia, Thailand and other places. .
Popular dramas such as the short drama "The President's Beautiful Wife" launched by FlexTV once launched have more than one million monthly users and more than one million US dollars in monthly recharges, mainly from Europe and the United States. With the production, release and broadcast of a series of new dramas, data shows that FlexTV’s annual operating income is expected to grow exponentially in 2024.
Industry authorities say that judging from the market share of hundreds of billions of dollars in streaming media, short dramas, as a new form of entertainment that users love to see, are expected to occupy an important position in the short video track. With its deep understanding of content and its ability to industrially produce short dramas, $Mega Matrix(MPU)$ has the opportunity to take the lead in future competition and is committed to becoming a global video streaming platform giant in the era of vertical screen entertainment.
Comments