Vertical Observer

The vertical-drama business, sourced

UPDATED 23 October 2026 216 REPORTS · 172 COMPANIES

Production / IP

The9 Limited

Key facts

Operator / parent
The9 Limited (Nasdaq: NCTY), listed since 2004
Origin
China
Headquarters
Shanghai, China
Launched
Short-drama development initiated February 2026; nothing released
Category
Production / IP

The9 Limited is a Shanghai-headquartered company listed on Nasdaq since 2004, which describes its businesses as online games operation, Bitcoin mining and AI-driven drug discovery investment. In February 2026 its Shanghai operating entity entered a definitive cooperation agreement with Chengdu Lumosi Network Technology to develop an AI-powered short drama and an AI-assisted interactive movie game based on the 1992 TVB serial The Greed of Man, for which it holds the exclusive mobile game development and publishing licence. The company states that the short-drama work falls within the scope of its existing authorised rights, a characterisation of licence scope that is its own. The initiative was announced by press release and repeated in a shelf registration statement filed in July 2026. No title, episode count, launch date or budget has been disclosed, and nothing has been released.

Profile

Markets
China. The issuer is US-listed.
Content
AI-generated short drama formats and an AI-assisted interactive movie game derived from TVB's The Greed of Man. Stated workstreams: format development, AI-enhanced script iteration and scene generation, AI-driven interactive storytelling, and hybrid interactive movie-game prototypes.
Genres
Drama, adapted from a 1992 television serial; interactive narrative.
Monetisation
Not disclosed.
Profitability
Not disclosed for this initiative.

People

  • Gary Gao, chief operating officer.

Sources