BeLive Holdings and NewUnivers are exploring a collaboration focused on the co-production and global distribution of micro drama content. The parties aim to leverage each other's production strengths, talent pools, and market insights to develop new content for global and regional markets. The cooperation also includes joint business development efforts to build a B2B ecosystem for licensing micro drama intellectual property and an evaluation of workflow technologies to improve production efficiency. While the discussions include the possibility of strategic investment or equity participation by BeLive Holdings, any such investment will remain preliminary, non-binding, and subject to due diligence, regulatory approval, and internal compliance processes. All marketing and communication materials relating to the collaboration will require joint approval before public release.