Business · Companies · 9 hrs ago

Taiwan content funds back 27 projects with $180 million

Taiwan content funds back 27 projects with $180 million

Taiwan’s creative content agency and local partners have invested in 27 projects, using four joint ventures to support films, series, music and live events.

The investments total NT$5.64 billion, or about $180 million, including NT$740 million from the agency and NT$4.9 billion from private investors.

The projects span nine countries and include a Taiwanese remake of South Korean series Our Blues and a new season of Japanese drama Midnight Diner.

One fund focuses on children’s content, an investment category that its leaders say had not previously been treated separately in Taiwan.

Its projects include children’s animation and a drama about a child who travels to Taipei to meet the president.

The funds also back music, musicals and immersive exhibitions, aiming to develop local talent and reach audiences beyond Taiwan.

Our Blues is set to premiere on Netflix on December 3, while the children’s drama Hello, Mr. President!

is expected to air in January, according to the announcements.

2 sources

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What people are saying

Sue WangTAICCA chair
These ventures are managed by professional fund managers, based on rigorous risk assessment and management. We want to ensure professional governance in planning the portfolio of these funds.
via Deadline
Gary TsaiFET’s COO of Entertainment Service and GM of Far Reach Entertainment
The film has Taiwanese taste and flavor but is still resonating with audiences across Asia.
via Deadline
Phoebe TSAICOO of Momomini Kids Content Fund
Very few production houses in Taiwan make drama for kids and teenagers – it’s been many years since any kids drama appeared on TV. So we’re very honored to have the opportunity with the support of TAICCA to invest in this drama,
via Deadline
Joanne TsaiJoint Journey Creative president
We’re able to create relationships and trust between Taiwan and Japan to pave way for more collaborationb with Japanese parties,
via Deadline