Vertical Observer

The vertical-drama business, sourced

UPDATED 23 October 2026 216 REPORTS · 172 COMPANIES

Data

Sources for microdrama market figures

The named sources behind the site's figures, by topic, and figures in circulation that no named source supports.

Download as CSV 7 rows

TopicNamed sources
Market size / numbersOmdia (MIPCOM, 14 October 2025; Conecta, 29 May 2026); Media Partners Asia (Deadline, 16 September 2025); Sensor Tower, 'State of Short Drama Apps 2025'; Naavik, 'Volume vs Value Paradox', 14 June 2026; CNSA White Paper; NRTA briefing
Players — filingsCOL Group / 中文在线 FY25 (SZSE 300364); Kunlun Tech FY25 (300418); Mega Matrix 20-F/6-K (NYSE-A MPU); Cineverse Q3 FY26 (CNVS); iQIYI, Mango, China Literature, iReader, Linmon, Maoyan filings
Players — third-partySensor Tower, AppMagic, Appfigures, DataEye, Diandian/点点数据, QuestMobile, Insightrackr, 36Kr, Naavik
Western / RoWDeadline, Variety, TechCrunch, businesswire, tech.eu (Holywater); entrackr/yourstory (Kuku FY25); Krafton PR (Vigloo); emole (BUMP)
Europe landscapeOmdia (UK/DE MAU); GECA (Spain, Audiovisual451, 19 May 2026); NFTVF (Nordics, 3 June 2026); DWDL, C21Media (DE); CNC (France); SRF/persoenlich.com (CH); Insightrackr (Turkey)
RegulationBKM/kulturstaatsminister.de (MedienInvestVG, 27 May 2026); EU Commission (AI Act Code, 10 June 2026; DSA Art.28; DFA Legislative Train); KJM (JMStV); FSK (CLEARD)
Figures in circulation that no source supports'$65bn by 2030' could not be traced to a research vendor; the sourced 2030 range is $22bn (Omdia) to $26bn (Media Partners Asia). '$2,500 per AI title' conflates localisation tooling with production, against a commonly cited range of about $7k–14k that is itself not tied to a named source. A reported ReelShort loss of $500m could not be verified.

Correction

: The range of about $7k–14k per AI-produced title was described as sourced. It circulates without a named source.