Culture 3 min read By Morgan Griffin
Taiwan’s content agency backs 27 film, TV and stage projects with $180 million
Taiwan Creative Content Agency and four partner funds have committed NT$5.64 billion, about $180 million, to 27 projects spanning film, television and stage, including an Our Blues remake and an off-Broadway musical.
Taiwan Creative Content Agency, known as TAICCA, and its partners have committed NT$5.64 billion, about $180 million, to 27 entertainment projects spanning film, television and stage. The figure was announced by TAICCA chair Sue Wang at the Taiwan Creative Content Fest, known as TCCF, where the backed projects were presented to industry audiences.
Of the total, TAICCA contributed NT$740 million, roughly $23.7 million, while private capital accounted for NT$4.9 billion, about $157 million. That split means the public agency’s share is a relatively small portion of the overall package, with the bulk of the money coming from commercial sources. The agency worked alongside four partner entities, each of which runs its own joint content fund, and the investments were structured around those partnerships rather than a single pool of money.
The four funds are the Chunghwa Digital Cultural and Creative Fund, the Momomini Kids Content Fund, Joint Journey Creative and Enjoy Entertainment. Each fund presented its projects at a TCCF showcase that covered investments made over the past year. The Momomini Kids Content Fund’s involvement signals that children’s programming is part of the slate, while the Chunghwa fund points to the digital cultural and creative side of the portfolio.
Among the titles mentioned are a remake of Our Blues, the Japanese drama Midnight Diner and the film C’Est La Vie. The inclusion of a remake of a Taiwanese favorite alongside a Japanese series and a French-titled film illustrates how the portfolio draws on different cultural sources, not only homegrown stories. The slate also includes an off-Broadway musical, which takes the funded work beyond screens and into live theater in New York.
The range of formats reflects the agency’s broader aim of building Taiwan’s creative industries across media. Film, television and stage each carry different production costs and different paths to audiences, and funding them together allows the same partners to back a story at several stages of its life. Combining public and private money in this way is a common approach for seeding projects that can then attract further commercial backing, and the showcase gave producers and investors a view of the pipeline built from these commitments.
The announcement did not include a full list of the 27 projects or the amount allocated to each one. As a result, the individual share of the $180 million for any single title remains unconfirmed, and the public record of the portfolio is limited to the totals, the funder breakdown and the titles named at the showcase. What is clear is the scale of the collaboration between a government-backed agency and private funds, and the decision to put a remake of a Taiwanese favorite alongside international titles and stage work.
Source: variety.com
4
