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Who Owns the Short Drama Apps? The Companies Behind DramaBox, ReelShort, ShortMax and 20 More

By TopDrama.app Editorial Team · Published · Updated · How we research

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DramaBox is owned by China's Beijing Dianzhong Technology and published by its Singapore subsidiary STORYMATRIX PTE. LTD. ReelShort comes from Crazy Maple Studio, in which Shenzhen-listed COL Group holds about 49%. FreeReels and DramaWave belong to Kunlun Tech's SKYWORK AI, ShortMax to Jiuzhou Culture, and GoodShort to GoodNovel. Most are Chinese-backed apps published through Singapore or Hong Kong companies.

Key facts:
  • DramaBox: STORYMATRIX PTE. LTD. (Singapore) → parent Beijing Dianzhong Technology, founded 2011; Dianzhong's 2025 revenue about RMB 14.5B incl. US$530M overseas.
  • ReelShort: Crazy Maple Studio / New Leaf Publishing; COL Group holds ~49% (Variety). COL also owns FlareFlow and Sereal+.
  • FreeReels and DramaWave: SKYWORK AI PTE. LTD., part of Kunlun Tech.
  • 90% of the top-20 overseas short drama apps by revenue were Chinese-backed in Jan–Aug 2025 (CNSA via Yicai, Dec 2025).
  • Of 19 apps we mapped, 9 are published by Singapore entities and 5 by Hong Kong entities (TopDrama.app count, 26 Sep 2026).

Who owns which short drama app? The ownership map

Most leading short drama apps belong to a handful of Chinese groups that publish through Singapore or Hong Kong subsidiaries: Dianzhong (DramaBox), COL Group (ReelShort stake, FlareFlow, Sereal+), Kunlun Tech (FreeReels, DramaWave) and Jiuzhou Culture (ShortMax). The map below links each parent to the legal publisher named in the app stores and to its apps. Where no parent is published, we say so.

Parent group Store publisher (country) Apps Beijing Dianzhong (China) STORYMATRIX PTE. LTD. (SG) DramaBox, DramaBox Lite COL Group(Shenzhen-listed) Crazy Maple / New Leaf (~49%) ReelShort FlareFlow Pte. Ltd. (SG) FlareFlow, FlareFlow TV Col Web Pte Ltd (SG) Sereal+ Kunlun Tech SKYWORK AI PTE. LTD. (SG) FreeReels, DramaWave Jiuzhou Culture SHORTTV LIMITED (HK) ShortMax GoodNovel SG New Reading Tech (SG) GoodShort Parent group notpublicly confirmed NETSTORY PTE. LTD. (SG) NetShort Storyverse Co. (HK) Kalos TV MicroShowtime Ltd (HK) Playlet Hongxing Media (HK) StardustTV Han Book Pte. Ltd. (SG) TopShort MAROON SKYLIGHT G.K. (JP) YourChannel Operator not disclosed SagaBox, ShortPeak ByteDance / TikTok Hongguo (CN), PineDrama Holywater (Fox stake) My Drama SG = Singapore, HK = Hong Kong, JP = Japan. COL's ~49% stake is in ReelShort's operator (Variety).
Short drama app ownership map. Sources: App Store and Google Play seller data (26 Sep 2026); Variety (COL stake); Wikipedia (COL Group, Sereal+); CBN/21jingji (Jiuzhou); research reviews (Kunlun Tech). TopDrama.app diagram, Sep 2026.
The main short drama parent groups at a glance (research sources, Sep 2026)
Parent groupBase / statusShort drama appsKey figure
Beijing Dianzhong TechnologyBeijing; founded 2011; unlistedDramaBox, DramaBox Lite2025 overseas revenue US$530M (Chen Ruiqing)
COL GroupShenzhen-listed; offices in Singapore, LA, BeijingReelShort (~49%), FlareFlow, Sereal+ReelShort 2025 consumer spend ~$1.2B (Appfigures)
Kunlun Tech (SKYWORK AI)China; Singapore publisherFreeReels, DramaWaveFreeReels 100M+ installs in Q1 2026 (Sensor Tower)
Jiuzhou CultureChina; Hong Kong publisherShortMax6M DAU in Southeast Asia (CBN, May 2025)
GoodNovelSingapore publisherGoodShort4.9★ from 525K App Store ratings (our snapshot)
ByteDance / TikTokChina / globalHongguo, PineDramaPineDrama launched 2026 (TechCrunch)

Who owns DramaBox?

DramaBox is owned by Beijing Dianzhong Technology and published by its Singapore subsidiary STORYMATRIX PTE. LTD. Dianzhong was founded on 15 Sep 2011, with Chen Ruiqing as legal representative and chairman (Baidu Baike). DramaBox launched in April 2023 (US App Store, 18 Apr 2023); Sensor Tower puts the worldwide release at 21 Apr 2023. Our DramaBox company profile covers the full history.

What is Dianzhong Technology?

Dianzhong is a Beijing digital-content company that moved from online reading into short dramas. It launched the overseas reading app Webfic in 2019, entered micro-drama production in China in September 2022 (21jingji) and started its overseas micro-drama business in April 2023. Chairman Chen Ruiqing put 2025 revenue at RMB 10.9B domestic plus US$530M overseas, about RMB 14.5B in total (Baijing, 11 Jun 2026); these are executive figures, not audited accounts.

What is STORYMATRIX PTE. LTD.?

STORYMATRIX PTE. LTD. is the Singapore company named as DramaBox's seller on the App Store and developer on Google Play. It was established in Singapore in 2022 (dramabox.com about page; some sources say January 2022), and its store address is 250 North Bridge Road #29-03, Raffles City Tower, Singapore 179101. It also publishes DramaBox Lite (com.storymatrix.lite).

Is DramaBox a Chinese app?

DramaBox is Chinese-owned but published from Singapore. Its parent is Beijing-based, and Dianzhong's corporate site says 95% of DramaBox's 2,000+ titles were translated Chinese productions (company claim). DramaBox also runs a Los Angeles studio (60+ titles in 2025, The Ankler) and makes local originals in Latin America, and its privacy policy (18 Jul 2026) says data is stored on a server in Singapore. For safety questions, see is DramaBox safe.

Is Dianzhong a public company?

No. Dianzhong is not listed: it withdrew a ChiNext IPO on 27 Dec 2021 and said in 2024 it had no listing plans for now. We found no Hong Kong IPO prospectus, so DramaBox's figures come from executives and analysts. Media Partners Asia reported $323M revenue and $10M net profit for DramaBox in 2024 (Sept 2025), making it the rare profitable app at scale.

Who owns ReelShort?

ReelShort is run by Crazy Maple Studio through New Leaf Publishing Inc., and COL Group holds about 49% of it (Variety). ReelShort launched in August 2022 and started the Western short drama boom. It tied with DramaBox at about $140M in Q1 2026 IAP (Sensor Tower) and reached roughly $1.2B in 2025 gross consumer spend (Appfigures via TechCrunch), but MPA reported it loss-making in 2024. Compare the two in DramaBox vs ReelShort.

What is COL Group?

COL Group is a Chinese digital-content company listed on the Shenzhen Stock Exchange, with offices in Singapore, Los Angeles and Beijing (Wikipedia). Besides its ReelShort stake, COL owns FlareFlow (FlareFlow Pte. Ltd., Singapore; CEO James Wang) and Sereal+ (Col Web Pte Ltd), described by Wikipedia as "a duanju platform under COL Web" launched in December 2023.

Which apps are ReelShort's sister apps?

FlareFlow and Sereal+ are ReelShort's COL Group sister apps. FlareFlow launched in 2025 with English originals and a Google TV app (see FlareFlow review); Sereal+ mixes Asian dramas with English originals but hasn't updated its iOS app since July 2025 (see Sereal+ review).

Yes. In July 2025 Dianzhong and Tinghuadao publicly accused ReelShort of 1:1 copying of several titles (10jqka, 26 Jul 2025). The outcome is not documented in our sources. The dispute shows how closely the two leading owners compete for the same romance and revenge formats.

Who owns FreeReels, DramaWave, ShortMax, GoodShort and NetShort?

The other large apps belong to Kunlun Tech (FreeReels, DramaWave), Jiuzhou Culture (ShortMax), GoodNovel (GoodShort) and NETSTORY PTE. LTD. (NetShort). Each publishes through a Singapore or Hong Kong entity, and some parent links rest on press reports rather than filings.

Who owns FreeReels and DramaWave?

FreeReels and DramaWave are published by SKYWORK AI PTE. LTD. (Singapore), part of Kunlun Tech. FreeReels was the most downloaded short drama app in Q1 2026, passing 100M installs and growing 123% quarter on quarter (Sensor Tower). DramaWave has 100M+ Google Play installs, offline downloads and AI localization; neither app has a partner link here.

Who owns ShortMax?

ShortMax belongs to Jiuzhou Culture and is published by SHORTTV LIMITED / SHORTMAX LIMITED of Mong Kok, Hong Kong. CBN/21jingji (May 2025) called Jiuzhou "one of the big players" and reported 6M ShortMax DAU in Southeast Asia. A blog names the parent "Jiaxing Jiuzhou Culture Media" and a founder, but that is unverified. See our ShortMax review.

Who owns GoodShort?

GoodShort is published by SINGAPORE NEW READING TECHNOLOGY PTE. LTD., whose Google Play developer name is GoodNovel. Like Dianzhong, GoodNovel comes from web fiction, and GoodShort leans on novel-adapted CEO and contract-marriage romance. One report names "Xinyue Technology" as owner, which is unverified. See our GoodShort review.

Who owns NetShort?

NetShort is published by NETSTORY PTE. LTD., 36 Robinson Road, Singapore; its ultimate parent is not confirmed. One research review names "Maiya Media" as parent, which we treat as unverified. NetShort launched on iOS in July 2024 and was #3 by downloads in Q1 2026 (+196% QoQ, Sensor Tower); Naavik put its Q1 2026 IAP near $52M. See our NetShort review.

ReelShort9.6

Hollywood-style English-language originals

ShortMax9.4

Revenge and alpha-romance fans who want offline saving

NetShort9.3

Huge dubbed catalog in 17 languages

GoodShort9.2

CEO, billionaire and sweet-romance binges

Who owns the smaller short drama apps?

Smaller apps are mostly run by Hong Kong or Singapore limited companies whose parent groups are not published. Store addresses and phone codes give some clues, but we don't infer ownership beyond what listings and company sites state.

Smaller short drama apps: publisher, location and ownership clues (App Store and Google Play seller data, 26 Sep 2026)
AppPublisherRegistered locationClues and notes
Kalos TVStoryverse Co., LimitedHung Hom, Hong KongContact phone +853 (Macau); parent not found
PlayletMicroShowtime LimitedLai Chi Kok, Hong KongPhone +886 (Taiwan); CEO name from a now-404 page (unverified)
StardustTVHongxing Media Co., LimitedTuen Mun, Hong KongPhone +86; also runs "Shanhai" platform and "Flower Cat" novels
StarShortSmile Lives LimitedTsim Sha Tsui, Hong KongToS domain is a Chinese-language mini-program page
TopShortHan Book Pte. Ltd. ("JoyHunter")SingaporeLegal pages on TikShortsbox.com
TouchShortChong Qing Sheng Rui Culture CommunicationMainland China (GP: Kwun Tong, HK)Phone +853; site cmappgogo.com
YourChannelMAROON SKYLIGHT G.K.Shibuya, Tokyo, JapanAssets on an Alibaba Cloud bucket named "yourchannel-fiction-beimei"
SagaBoxNot disclosed—/terms and /contact return 404; cards via "Stripe via OptiSite"
ShortPeakNot disclosed—Terms say "Company registration… not published yet"; Polar as Merchant of Record

Are SagaBox and ShortPeak the same company?

Possibly: SagaBox and ShortPeak share an identical rewards widget, VIP page layout and a coin price ladder shifted by one step, which suggests the same operator or a white-label platform. Neither discloses its operator, and both carry AI-generated, adult-leaning catalogs. Read our SagaBox and ShortPeak reviews before paying.

Who is behind YourChannel?

YourChannel is published by MAROON SKYLIGHT G.K., a Japanese LLC in Shibuya, Tokyo. It launched on Google Play on 29 Jul 2026 and iOS on 9 Aug 2026, mixing short dramas with web novels in English and Chinese. Its site assets sit in an Alibaba Cloud bucket whose name includes "beimei" (North America).

Which big tech and media companies own short drama apps?

ByteDance runs Hongguo in China, TikTok launched PineDrama in 2026, and Fox has an equity stake linked to Holywater's My Drama. Netflix, Peacock, Disney+ and YouTube are experimenting with vertical feeds and microdramas rather than buying dedicated apps. These apps have no partner links on our site.

Does ByteDance own a short drama app?

Yes. ByteDance operates Hongguo, a short drama platform in China, and TikTok launched the PineDrama app in 2026 (TechCrunch). Research sources disagree on PineDrama's exact launch date (January vs May 2026), so we give the year only.

What is Holywater's My Drama?

My Drama is a short drama app from Holywater, which gained a Fox equity stake announced on 9 Oct 2025. Reuters (Aug 2026) reported NBCUniversal and Fox entering the US microdrama market, where the audience reached about 66M MAU. Holywater's representative is a headliner at MIPCOM's 2026 microdrama programme.

Does Disney own DramaBox?

No. Disney does not own DramaBox; DramaBox was one of four companies selected for the 2025 Disney Accelerator. At Demo Day (Nov 2025), Disney Publishing and DramaBox were reported to be exploring microdrama adaptations of existing IP. Accelerator selection is a partnership programme, not an acquisition.

Where are short drama companies based?

By store publisher, 9 of the 19 apps we mapped are Singapore entities, 5 are Hong Kong entities, and one each sits in the US, mainland China and Japan; 2 operators are undisclosed. Behind most of them are mainland Chinese groups: CNSA data reported by Yicai (Dec 2025) found 90% of the top-20 overseas short drama apps by revenue were Chinese-backed.

Short drama app publishers and parent countries (store seller data and research sources, 26 Sep 2026)
AppStore publisher (location)Parent groupParent base
DramaBox, DramaBox LiteSTORYMATRIX PTE. LTD. (Singapore)Beijing Dianzhong TechnologyChina (Beijing)
ReelShortNew Leaf Publishing Inc. / Crazy Maple Studio (US)COL Group ~49%China (Shenzhen-listed)
FlareFlowFlareFlow Pte. Ltd. (Singapore)COL GroupChina
Sereal+Col Web Pte Ltd (Singapore)COL GroupChina
FreeReels, DramaWaveSKYWORK AI PTE. LTD. (Singapore)Kunlun TechChina
ShortMaxSHORTTV LIMITED (Hong Kong)Jiuzhou CultureChina
GoodShortSingapore New Reading Technology (Singapore)GoodNovelNot confirmed
NetShortNETSTORY PTE. LTD. (Singapore)Not confirmed—
TopShortHan Book Pte. Ltd. (Singapore)Not published—
Kalos TV, Playlet, StardustTV, StarShortHong Kong limited companiesNot published—
TouchShortChong Qing Sheng Rui (mainland China)—China
YourChannelMAROON SKYLIGHT G.K. (Japan)Not published—
Hongguo—ByteDanceChina
My Drama—Holywater (Fox stake)Not in our sources
19 appsby publisher Singapore: 9 (47%) Hong Kong: 5 (26%) United States: 1 (5%) Mainland China: 1 (5%) Japan: 1 (5%) Undisclosed: 2 (11%)
Store publisher location for 19 short drama apps (DramaBox, DramaBox Lite, ReelShort, FlareFlow, Sereal+, FreeReels, DramaWave, ShortMax, GoodShort, NetShort, TopShort, Kalos TV, Playlet, StardustTV, StarShort, TouchShort, YourChannel, SagaBox, ShortPeak). Source: TopDrama.app count from App Store / Google Play seller data, 26 Sep 2026.

Why are Chinese short drama apps registered in Singapore and Hong Kong?

None of these companies has published its reasons, so the honest answer is that the motive is not documented. What the records do show is a consistent pattern: mainland parents (Dianzhong, COL, Kunlun, Jiuzhou) sell overseas through separate Singapore or Hong Kong entities that appear as the app-store seller, hold the support address and, in DramaBox's case, store user data in Singapore.

What do the records show about the Singapore entities?

The Singapore entities are the legal counterparties for overseas users. DramaBox's privacy policy (18 Jul 2026) says data is kept on a server in Singapore and the publisher is subject to Singapore's PDPA 2012; its support address is Raffles City Tower. COL Group itself lists offices in Singapore, Los Angeles and Beijing (Wikipedia).

What is our interpretation?

Our interpretation, not a company statement: an offshore publisher separates the international business, which targets markets such as the US, Southeast Asia and Latin America, from the mainland Chinese business. Dianzhong reports the two separately (RMB 10.9B domestic vs US$530M overseas in 2025). We don't speculate on tax or regulatory motives that these companies haven't disclosed.

Do Chinese rules still apply to overseas apps?

Partly: NRTA Order No. 16 (effective 1 Sep 2026) applies its filing and review rules to dramas shot in China for overseas broadcast (Art. 52). Overseas viewers are not directly covered by its user protections, such as the ban on addictive algorithms (Art. 37) and the price-disclosure rule (Art. 40); in their own countries, app-store rules and local consumer law apply instead.

How big are the owners by revenue?

Dianzhong's DramaBox and COL-backed ReelShort are the two biggest earners, tied at about $140M each in Q1 2026 in-app revenue (Sensor Tower), well ahead of NetShort's roughly $52M (Naavik). Profitability differs sharply: MPA reported DramaBox at $323M revenue and $10M net profit in 2024, while ReelShort (~$400M) was loss-making.

Q1 2026 in-app revenue by app (owner) ~$140MDramaBox(Dianzhong) ~$140MReelShort(Crazy Maple / COL) ~$52MNetShort(NETSTORY) DramaBox and ReelShort: Sensor Tower (Jun 2026). NetShort: Naavik estimate.
Q1 2026 in-app revenue for three apps and their owners. Sources: Sensor Tower, State of Short Drama Apps 2026 (June 2026); Naavik estimate for NetShort as cited in research reviews.

For the full market picture, including category IAP of $2.98B in 2025, see our short drama market 2026 guide and DramaBox statistics.

Does it matter who owns your drama app?

Ownership matters mainly for billing, support and data: it tells you which company charges you, where to complain and which privacy law applies. It says little about content quality: DramaBox, the top drama app by Q1 2026 revenue, is Chinese-owned yet makes US and Latin American originals, while ReelShort is US-run with a Chinese co-owner.

What should you check about an app's owner?

  1. Seller name in the App Store or developer name on Google Play (e.g. STORYMATRIX PTE. LTD. for DramaBox) to avoid look-alike apps.
  2. Support contact: DramaBox lists feedback@dramabox.com; undisclosed operators (SagaBox, ShortPeak) give you little recourse.
  3. Privacy label and policy: DramaBox discloses tracking identifiers and names SDKs such as AppsFlyer and AppLovin MAX.
  4. Update history: stale apps (Sereal+ since Jul 2025; StarShort and TopShort since Apr–May 2026) may have weaker support.
  5. Payment route: web payments bypass Apple and Google protections; check who the merchant is.

Pros of big-group apps

  • Scale and staying power: Dianzhong and COL back the two #1 apps by revenue.
  • Disclosed publishers with real addresses and support emails.
  • Investment in originals: DramaBox's LA studio, FlareFlow's English originals.
  • DramaBox's owner reported a profit ($10M in 2024, MPA).

Cons and risks

  • Parent groups rarely publish audited app-level figures; DramaBox MAU claims range from 4.5M to 50M+.
  • Several apps hide their parent; two operators are fully undisclosed.
  • Offshore publishers can make complaints and refunds harder outside app stores.
  • Heavy AI production at Chinese parents is changing catalogs quickly.

Who owns short drama apps FAQ

Who owns DramaBox?

DramaBox is owned by Beijing Dianzhong Technology, founded in 2011, and published by its Singapore subsidiary STORYMATRIX PTE. LTD. Dianzhong's chairman is Chen Ruiqing.

Is DramaBox a Chinese company?

DramaBox's parent is Chinese (Beijing), but the app's publisher is a Singapore company. Its privacy policy says user data is stored on a server in Singapore.

Who owns ReelShort?

ReelShort is operated by Crazy Maple Studio via New Leaf Publishing Inc., and COL Group holds about 49% (Variety). COL is listed on the Shenzhen Stock Exchange.

Is ReelShort Chinese-owned?

Partly: its operator is US-based Crazy Maple Studio, while Chinese COL Group holds about 49%. ReelShort focuses on English-language originals.

Who owns ShortMax?

ShortMax belongs to Jiuzhou Culture and is published by SHORTTV LIMITED of Hong Kong. CBN/21jingji reported 6M ShortMax DAU in Southeast Asia (May 2025).

Who owns FreeReels and DramaWave?

Both are published by SKYWORK AI PTE. LTD. of Singapore, part of Kunlun Tech. FreeReels was the most downloaded short drama app in Q1 2026.

Who owns GoodShort?

GoodShort is published by SINGAPORE NEW READING TECHNOLOGY PTE. LTD., listed on Google Play under the developer name GoodNovel. A claim naming "Xinyue Technology" as owner is unverified.

Who owns NetShort?

NetShort is published by NETSTORY PTE. LTD. in Singapore; its ultimate parent is not confirmed. A "Maiya Media" parent claim is unverified.

Are FlareFlow and ReelShort the same company?

They are sister companies: COL Group owns FlareFlow and holds about 49% of ReelShort. FlareFlow is run by FlareFlow Pte. Ltd. in Singapore.

Why are so many drama apps based in Singapore?

The companies haven't said. Records show Chinese parents publishing overseas apps through Singapore or Hong Kong entities, which act as seller, support contact and, for DramaBox, data location.

Are most short drama apps Chinese?

Most top earners are Chinese-backed: CNSA data (via Yicai, Dec 2025) found 90% of the top-20 overseas short drama apps by revenue in Jan–Aug 2025 had Chinese backing.

Does TikTok have a short drama app?

Yes. TikTok launched PineDrama in 2026 (TechCrunch), and parent ByteDance runs Hongguo in China.

Does Disney own DramaBox?

No. DramaBox was one of four companies in the 2025 Disney Accelerator, a partnership programme, and remains owned by Dianzhong.

Who owns SagaBox and ShortPeak?

Neither discloses an operator. Their sites share the same template and coin ladder, suggesting a common operator or white-label platform, which is unverified.

Bottom line

  • Two groups lead: Dianzhong (DramaBox) and COL Group (ReelShort stake, FlareFlow, Sereal+) own the apps tied #1 by revenue.
  • Kunlun Tech leads downloads through FreeReels; Jiuzhou (ShortMax), GoodNovel (GoodShort) and NETSTORY (NetShort) round out the big names.
  • Singapore and Hong Kong entities publish 14 of 19 apps we mapped; the reasons aren't disclosed.
  • For viewers, ownership matters most for billing, support and privacy: prefer apps with a disclosed publisher and store billing.
  • DramaBox pairs a disclosed Singapore publisher with the strongest revenue and ratings; try DramaBox's free episodes or read the DramaBox review.
TD
TopDrama.app Editorial Team
We research short drama apps full-time: app-store listings, pricing screens, company statements and analyst data (Sensor Tower, Omdia, MPA, Appfigures). Every number names its source and date; this is a research-based review — we analyse store listings, company data and user reports rather than running lab tests. Corrections: contact us.
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