SINGAPORE,Dec. 3,2024 -- Mega Matrix Inc. ("MPU" or the "Company") (NYSE American: MPU),today announced that it launched the English version of the teen campus romance short drama Not Really Siblings,on December 2. The series invites viewers to experience the sweetness and challenges of youth while exploring the meaning of young love and non-traditional family dynamics.

The story follows Cecilia,a 17-year-old girl yearning for familial warmth,who is adopted by the Murphy family following a family tragedy,becoming the nominal sister of Jacob Murphy. Jacob,cold and distant,lives under the shadow of his parents' divorce and views Cecilia's arrival with hostility. While Cecilia tries to adapt to her new environment and integrate into the family,Jacob's sensitivity to familial changes makes him fear she will take away the little affection his mother still shows him. Consequently,he treats Cecilia with deliberate indifference and even avoids her at school.

However,through a series of events at school and home,their relationship begins to subtly shift. Through shared experiences,they come to understand each other's inner worlds and reevaluate their complex "sibling" connection.

MPU's FlexTV is a global leader in short drama streaming,offering content in over 100 countries in multiple languages,including English,Japanese,Korean,Portuguese,Spanish,French,and Arabic. Known for its high-quality dramas and exceptional user experience,FlexTV has won the hearts of audiences worldwide. On December 2,Not Really Siblings's English version premiered on FlexTV,bringing viewers into the world of teenagers and showcasing the challenges they face,including identity,self-worth,and emotional growth. For more exciting content,please visithttps://www.flextv.cc/.

#Youth #Campus #FirstLove #ShortDrama #FlexTV #MPU

About Mega Matrix Inc.:Mega Matrix Inc. (NYSE American:MPU) is a holding company and operates FlexTV,a short-video streaming platform and producer of short dramas,through its subsidiary,Yuder Pte,Ltd.. Mega Matrix Inc. is a Cayman Island corporation headquartered inSingapore.For more information,please contactinfo@megamatrix.ioor 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 execute the strategic cooperation with TopReels,ability to obtain additional financing in the future to fund capital expenditures; ability to establish the investment fund with 9 Yards Communications under the memorandum of understanding; 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 orepidemic;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 "Risk Factors" in documents filed by the Company's predecessor,Mega Matrix Corp.,with the Securities and Exchange Commission,including the Company's latest annual report on Form 10-K,as amended,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 othermonetization 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.

Disclosure Channels

We announce material information about the Company and its services and for complying with our disclosure obligation under Regulation FD via the following social media channels:

(X/Twitter)

x.com/MegaMatrixMPU

Facebook:

facebook.com/megamatrixmpu

facebook.com/flextvus

LinkedIn:

linkedin.com/company/megamatrixmpu

TikTok:

tiktok.com/@flextv_english

YouTube:

youtube.com/@FlexTV_English

The Company will also use its landing page on its corporate website (www.megamatrix.io) to host social media disclosures and/or links to/from such disclosures. The information we post through these social media channels may be deemed material. Accordingly,investors should monitor these social media channels in addition to following our website,press releases,SEC filings and public conference calls and webcasts. The social media channels that we intend to use as a means of disclosing the information described above may be updated from time to time as listed on our website.