TAICCA and Partners Back 27 Projects With $180 Million

Taiwan's Creative Content Agency (TAICCA) and its partners have poured NT$5.64 billion ($180 million) into 27 projects, the agency announced at the Taiwan Creative Content Fest (TCCF). The figure breaks down into NT$740 million ($23.7 million) from TAICCA itself and NT$4.9 billion ($157 million) in private capital, according to chair Sue Wang.

Wang said the joint-venture model, spanning four partnerships across nine countries, allows for more professional and precise investment assessments. Precise is the operative word. TAICCA brought all four vehicles — Chunghwa Digital Cultural and Creative Fund, Enjoy Entertainment Limited Partnership, momomini Kids Content Fund and Joint Journey Creative — to TCCF to present their slates.

What did Enjoy Entertainment deliver in 10 months?

Plenty. Enjoy, a partnership between TAICCA and Taiwanese telecom Far EasTone, has invested in 15 projects in its first 10 months: eight in film and TV, seven in music and live events.

Its highlights include:

• "The Rope Curse 4: Kuntilanak," a horror film that took NT$80 million ($2.6 million) at the Taiwanese box office — a franchise record.
• "Don't Cry, Dancing Girls the Musical" by VMTheatre Company, billed at the event as the first Taiwanese musical to reach Off-Broadway.
• The ID. Music Festival, developed with Spotify, which brought 14 Taiwanese acts to two stages in the streamer's first collaboration with a Taiwanese music event.
• "Our Blues," a Taiwanese remake of the 2022 Korean series, launching globally on Netflix on Dec. 3.
• An immersive project marking 25 years of work by picture-book artist Jimmy Liao.

Gary Tsai, general manager of Enjoy and COO of Far EasTone's FET Entertainment Service, said the company aims to take Taiwanese original content to international audiences while adapting international IP for local viewers. Through Far EasTone's streaming service friDay Video, investment and cross-border partnerships, he hopes to help Taiwanese productions expand overseas and create more opportunities for local talent.

Why a dedicated kids' fund?

Launched in December 2025, momomini Kids Content Fund has made six investments: three in animation, two in live-action, one in drama. COO Phoebe Tsai said children's content had not previously been treated as a distinct investment category in Taiwan. The fund weighs each project's potential industry impact alongside content production, talent development and commercial viability.

Its slate includes "Who's Our Sub Today?," a comedy-adventure series for ages 8 to 12; "Feifei," a picture-book adaptation in development as an animated sitcom; and "Mogu & Perol," pairing a French IP with Taiwanese talent — a 39-episode series with six or seven episodes devoted to the culture of Taiwan's Hakka people, one of the island's main ethnic groups. The fund also backed "Mountain Adventure Squad 2," a children's outdoor reality show slated for the first quarter of 2027, and "Hello, Mr. President!," which won an Excellent Screenplay Award from Taiwan's Ministry of Culture.

What about the other two vehicles?

Joint Journey Creative's slate covers Taiwanese films "The Damp," "All Money Back My Home" and "Suffocation," plus Season 6 of the Japanese series "Midnight Diner," an international production it joins.

The Chunghwa Digital Cultural and Creative Fund totals NT$1 billion ($32 million), with Chunghwa Telecom holding 64%, TAICCA 30% through the National Development Fund, E.Sun Financial Holding 5% and fund manager CDCC Capital 1%. It backs projects in film and TV, and takes equity stakes in companies working in content development, international distribution, business integration and new IP uses across cultural technology, games and music.

Its equity bets include DaMou Entertainment, the production company behind "The World Between Us," and Horiza Creations, focused on international IP operations, data-driven business models and crowdfunding. Project investments include "Call of Lobster," an action comedy spanning Taiwan and South Korea that won the Chunghwa Telecom Award at TCCF's 2024 pitching competition, and "C'est la Vie," an eight-episode drama executive produced by and starring Esther Liu, written and directed by Tu Cheng-che. The fund also invested in Shallow Levée's "Speak in Silence," a 10th-anniversary album project with Japanese and Korean collaborators and a planned tour of roughly 50 shows across Taiwan and eight other Asian countries.

With the Netflix launch of "Our Blues" weeks away, the joint-venture experiment faces its most public test yet.