Company Announcements

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 most eagerly awaited productions of the season, thanks to its unique narrative style, nuanced emotional portrayal, and suspenseful plotline.

In the story, blind heiress Emma is plunged into a whirlwind of conspiracy and conflicting emotions after her father's brutal murder. Liam, her mysterious bodyguard, sweeps in to save her life and becomes her pillar of support in the dark. However, as truths unravel, she discovers that Liam may not be the person she trusts. As she delves into uncovering the truth behind her father's death, Emma must confront betrayal and deceit within her family, as well as the tangled web of her own emotions. With darkness enveloping everything, can Emma find her way to the light?

"Love in the Dark" cleverly combines the two elements of emotion and suspense, so that the audience can not only feel the delicate emotions of the characters in the advance of the plot, but also keep up with the intense excitement of the suspense story. In terms of characterization, the heroine Emma, a blind heiress, and Liam, a mysterious bodyguard, not only stay on the surface, but also delve into the themes of trust, betrayal, love and redemption as the plot deepens.

In addition to the compelling script, the production of the series is also very careful. FlexTV production team worked closely with local partners on location, filming, and casting. From the picture presentation to the sound design, every detail is aiming to provide the audience with an immersive experience.

FlexTV currently distributes content to over 100 countries worldwide, available in six languages including English, Japanese, Korean, Portuguese, Spanish, and Arabic. In early 2024, as parent company, we have announced the "Mars Content Initiative," allocating up to $100 million over the next three years to produce short dramas exclusively for FlexTV. The launch of "The Heiress and Her Bodyguard" marks another significant stride in FlexTV's original content production.

Don't miss out on this feast for the eyes and the soul. Stay tuned for its release.

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 occurrence of any event, change or other circumstances that could affect the Company’s ability to continue successful development of its digital assets staking business model; 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

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/e24b89f1-d830-45f2-8784-ce7d21e6c723