SINGAPORE,Dec. 6,2024 -- Mega Matrix Inc. ("MPU" or the "Company") (NYSE American: MPU),today announced that it will premiere My Sugar Baby Turns Out to be NYC's Richest Man on December 10. Money,a force that can both propel and destroy,takes center stage in a story of shifting fortunes and emotional entanglement. A gripping tale of love,betrayal,and redemption unfolds as wealth and status are reversed.

The plot follows Isabella,a wealthy heiress,who is captivated by the charming Andrew. Boldly,she offers to "buy" his love. Over time,Andrew reciprocates her feelings,and their relationship blossoms. But fate strikes a cruel blow: Isabella's father's company goes bankrupt,leaving her saddled with enormous debt. Her father,consumed by despair,takes his own life. Amid this chaos,Andrew mysteriously vanishes,abandoning Isabella to face her hardships alone.

Years later,Isabella,forced to give up her luxurious life,works in a bar to repay her debts. There,she unexpectedly reunites with Andrew,now New York's richest man. The memories of their shared past,both sweet and painful,resurface. With their roles reversed and emotions rekindled,can Isabella and Andrew overcome their differences to reignite their love?

FlexTV,operated by MPU,is a global leader in short drama streaming,offering content in over 100 countries in languages including English,Japanese,Korean,Portuguese,Spanish,French,and Arabic. Known for its high-quality dramas and exceptional user experience,FlexTV has captured the hearts of audiences worldwide. Premiering December 10,My Sugar Baby Turns Out to be NYC's Richest Man explores not only the essence of love but also the profound impact of wealth and power on relationships in modern society. For more exciting content,please visithttps://www.flextv.cc/.

#Urban #Romance #Drama #ShortSeries #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.