The MOU signed between 9Yards Cinema Production and Mega Matrix aims to establish a $100m investment fund to support acquisitions, capture global investment opportunities, and promote the development of the pan-entertainment sector, specifically focusing on short dramas production and distribution network worldwide. This partnership is seen as a significant step in expanding globally and tapping into new markets to create impactful content that resonates with audiences worldwide. CEO Yucheng Hu and Group CEO Hussam Almulhem expressed their excitement about the collaboration and the potential it holds for transforming the entertainment industry in the MENA region.

Persons: Yucheng Hu, Hussam Almulhem

Company Names: 9Yards Cinema Production, 9Yards Communications, Mega Matrix Inc.

Titles: MOU, investment fund, short dramas production, distribution network

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