Globavend Holdings Limited (GVH) subsidiary Loomi Entertainment Group signed a global distribution agreement with DramaBox. The deal brings Globavend's AI-produced micro drama, “The Wolf King’s Forbidden Bride,” to the streaming platform. DramaBox boasts an audience of over 90 million registered users. It operates across more than 200 countries.
This agreement supports Globavend's strategy to monetize its AI-generated content. The company employs a dual-channel model for this monetization. This model includes its Loomi: Short Drama platform and third-party services. Globavend created the drama using its proprietary AI-powered production platform. The company aims to capitalize on the rapidly growing global market for micro dramas.