TAICCA Joint Venture Funds Showcase Diverse Slate Featuring ‘Our Blues’ Remake, ‘Midnight Diner’ Investment, and ‘C’est La Vie’

Four content funds jointly established by the Taiwan Creative Content Agency (TAICCA) and local partners presented their investment portfolios from the past year during a showcase at the Taiwan Creative Content Fest (TCCF) today.

The lineup from the four funds—Chunghwa Digital Cultural and Creative Fund, Momomini Kids Content Fund, Joint Journey Creative, and Enjoy Entertainment—spans a wide range of films, series, live performances, and immersive exhibitions.

Opening the presentation, TAICCA Chair Sue Wang emphasized that these ventures are managed by professional fund managers operating under rigorous risk assessment and governance frameworks to ensure professional portfolio planning.

Enjoy Entertainment—a joint venture between TAICCA, Far EasTone Telecommunications (FET), and Far Reach Entertainment—focuses on premium content and international co-productions. Since its launch one year ago, the fund has made 15 investments, including the Taiwanese remake of CJ ENM’s Korean series Our Blues, which premieres on Netflix on December 3, and two recent box-office hits: the horror film The Rope Curse 4: Kuntilanak and the action film 96 Minutes.

Gary Tsai, FET’s COO of Entertainment Service and GM of Far Reach Entertainment, noted that The Rope Curse 4 recently grossed $2.5 million (NTD 80 million) in Taiwan and has also been released in Malaysia and Indonesia, with a Cambodia release forthcoming. “The film has Taiwanese taste and flavor but is still resonating with audiences across Asia,” Tsai said.

Enjoy Entertainment has also invested in the ID Music Festival at Huashan Creative Park, the live musicals Her Voice and Don’t Cry Dancing Girls, and an immersive exhibition created by illustrator Jimmy Liao.

TAICCA has also partnered with Momomini, a Taiwanese media brand and YouTube content channel, to establish the Momomini Kids Content Fund. Specializing in children’s content, the fund has made six investments over the past year and is backed by the Fubon Cultural & Educational Foundation and DaWin Creative alongside TAICCA.

Phoebe Tsai, COO of the Momomini Kids Content Fund, introduced a slate that includes the comedy adventure animation Who’s Our Sub Today and Feifei, based on stories by Taiwanese artist and author Bei Lynn. Live-action projects include Mogu & Perol, a collaboration with France’s Zephyr, and the reality series Having Fun In The Mountains.

The fund has also backed the drama series Hello Mr President, which follows a child who travels to Taipei to meet Taiwan’s president. “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 TAICCA’s support, to invest in this drama,” Tsai said, adding that shooting has wrapped and the series will air starting January next year.

Founded in 2025, Joint Journey Creative (JJC) is a joint venture fund between SET Group, TAICCA, Chunghwa Telecom, and Japan’s The Far Eastern TV Entertainment. Focused on transmedia and IP development, the fund aims to connect Taiwanese creators with Asian and global markets. With a Japanese shareholder on board, JJC has been building bridges between the content industries of Taiwan and Japan; its investments include joining the production committee for multiple seasons of the Japanese drama Midnight Diner, including season six.

“We’re able to create relationships and trust between Taiwan and Japan to pave the way for more collaboration with Japanese parties,” said JJC President Joanne Tsai.

JJC has also been running talent incubator programs, such as a romance drama series workshop that introduces Taiwanese talent to drama producers from Korea and Japan. “We’ve identified several quality scripts, and here at TCCF we’re talking to our collaborators in Japan and Korea to see how we can bring them to screen,” Tsai said, noting that the fund is also working with partners across the rest of Asia, Europe, and the U.S.

The fourth fund, the Chunghwa Digital Cultural and Creative Fund, was jointly established by TAICCA, Chunghwa Telecom, and E.Sun Bank with a mission to help Taiwanese cultural content reach global audiences and a capital of approximately $30 million (NTD 1 billion).

General Manager Lin Kun-feng explained that the fund is making equity investments in Taiwanese production company Damou Entertainment (The World Between Us) and IP development and publishing company Horiza Creations.

Chunghwa is also investing in a wide range of film and TV projects, including C’est La Vie, produced by and starring Esther Liu; Call Of Lobster, starring Chang Chen and Choi Si-won; and indie band Shallow Levee’s “Speak in Silence” tour.

While Chunghwa Telecom is the largest shareholder with a 64% stake, TAICCA holds 30%, E.Sun Bank holds 5%, and CDCC Capital Management holds 1%.

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