Mega Matrix, 9Yards Cinema Production announce joint venture

Mega Matrix (MPU) and 9Yards Cinema Production announced the signing of a joint venture that will see the establishment of a $100M investment fund dedicated to the production of short dramas for TV or film. With the MoU signing marking the official establishment of their strategic partnership, under this agreement the two parties will jointly establish and manage the JV, which will be based in Abu Dhabi Global Market. The launch of the $100M short drama investment fund intends to leverage each of the partners’ combined strengths, with the aim of supporting acquisitions and seizing global investment opportunities, so as to foster growth in the pan-entertainment sector, particularly in short drama production and, increasingly, projects related to the application of AI in short drama.