News Summary:
Free streaming service Mometu, which focuses on independent filmmakers, international cinema, classic films, and underserved voices, faces permanent closure without securing enough donations to relaunch, a situation echoing challenges for many ad-supported platforms as of July 9, 2026. This development follows a campaign launched on May 27, 2026, to save and relaunch the independent streaming service as "Mometu 2.0" after its initial shutdown announcement, aiming to secure its future as a dedicated home for independent film and underrepresented storytelling. Earlier, on March 3, 2026, Mometu launched the "Mometu Short Film Showdown," a nine-month genre-based short film competition designed to extend the commercial life of short films by returning 100 percent of competition-generated advertising revenue to participating filmmakers. In December 2025, the platform offered a collection of holiday films, including contemporary rom-coms, classic favorites, and horror titles. Previously, on November 25, 2025, Mometu expanded its Korean cinema catalog with critically acclaimed, festival favorite, and award-winning films, responding to rising U.S. demand for K-content.