Mega Matrix Corp. announced that Yuder PTE, LTD, the Company's indirect majority-controlled subsidiary and operator of FlexTV, has formed a strategic cooperation with Foxmedia Co. Ltd., 100% controlled subsidiary of Ne origin Co.

and the operator of TopReels, the leading short drama platform in South Korea. The Company and Ne origin Co. will jointly establish a $10 million content fund aimed at promoting joint investments, production, and distribution of original short drama projects.

The strategic cooperation with TopReels will help FlexTV expand its content variety, create premium productions, replicate those with million-dollar potential, and enhance its global influence. The strong alliance between TopReels and FlexTV is timely. This collaboration will fully leverage TopReels' high-quality production resources and capabilities in Korea, adding more original categories and producing more premium global content.