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Shantelle Nagarajan

posted on Nov. 25, 2024 at 2:58 pm

9Yards signs MoU for global short drama investment

Shantelle Nagarajan

posted on Nov. 25, 2024 at 2:58 pm

The MoU with Mega Matrix Inc. aims to establish a $100m investment fund for the global short drama and pan entertainment sector.

Mega Matrix Inc. signs MoU with 9Yards Cinema Production to establish a $100m investment fund for global short drama and pan entertainment sector

9Yards Cinema Production, a subsidiary of Abu-Dhabi based 9Yards Communications, has signed a memorandum of understanding (MoU) with Mega Matrix Inc. to establish an investment fund focused on the development of global short drama and pan-entertainment sector.

Mega Matrix Inc. runs FlexTV, a short-video platform and drama producer, via its subsidiary Yuder Pte. Ltd.

The MoU establishes a $100mn joint venture to fund acquisitions, seize global opportunities, and expan

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Tags:9Yards 9Yards Cinema Productions FlexTV Hussam Almulhem investment fund Mega Matrix Inc.MOU pan-entertainment sector short drama

the authorShantelle Nagarajan

Shantelle Nagarajan is Campaign Middle East’s Junior Reporter who covers marketing news which focuses on FMCG, real estate and brand retail industries. Her features delve into brand strategy, appointments, trends in consumer behaviour and CX. Shantelle also contributes to social media coverage, editorial event programming and print content work. She previously worked in PR and marketing, most recently at Edelman, where she was part of the Brand team. When she’s not writing for her day job, you can find her with her nose buried in a book, playing at a weekly open mic night or doom-scrolling the latest make-up challenges on TikTok.