This Week in Vertical Issue 2026-w35
This Week in Vertical — 24–30 August 2026
7 reports on the vertical-drama business dated 24–30 August 2026, each labelled with the basis it rests on and linked to its sources.
The lead
- COL Group short-drama revenue doubles as ReelShort stays outside its consolidated accounts
The Chinese publisher's half-year report shows short drama and IP derivatives at RMB 411m, up 108.72%, against web literature down 54.91%. Crazy Maple Studio, which operates ReelShort, is disclosed as a 49.24% equity-method associate rather than a subsidiary.
- FlareFlow posts a 60% net margin on an entity with negative net assets
COL Group's half-year report puts its wholly owned microdrama platform at RMB 253m revenue and RMB 152m net profit. The same filing shows net assets of minus RMB 305m and describes the platform as having reached monthly operating break-even.
- ReelShort enters Indonesia through Vidio, on a short-drama shelf that already existed
The Emtek-owned streamer announced on 26 August that ReelShort titles would appear in its premium packs from 1 September. Vidio's short-drama section was already live in early August carrying local titles, and the company's own blog gives no title count.
More this week
Americas
- Former Amazon Studios head Roy Price launches vertical platform N1BW
The web-based service takes user-uploaded vertical series, pays creators a stated 70% revenue share, and carries a slate that appears to be AI-generated. No funding was disclosed.
Europe
- Three European industry events add vertical strands to their autumn programmes
Iberseries in Madrid published a vertical microseries pitch on 27 August, Seriesly Berlin carries a vertical drama pitch on 16 September, and Medientage Munchen added a session on vertical distribution and monetisation on 26 August.
Asia
- COL Group takes FlareFlow into Thailand and sets a microdrama upfront in Singapore
Announced at ContentAsia LIVE in Bangkok on 26 August: a FlareFlow-branded section inside CP Group's existing TATANG by TrueID platform from September, and Inside Microdramas, a pre-financing showcase in Singapore on 27 October.
Germany & DACH
- OMR finds no German microdrama platform in market and announced series unreleased
A two-part OMR investigation published on 27 August finds no German microdrama platform in market. EiLiN's launch has moved to late summer or autumn 2026, and series announced by Constantin and Banijay in the first half of the year have not appeared.
Regulation tracker
MedienInvestVG (federal investment obligation for audiovisual services), draft
- 26 August 2026The standstill period ends without extension, leaving no EU-law impediment to adoption. Germany must communicate the definitive text to the Commission once adopted, under Article 5(3) of the directive.