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Business

Taiwan invests $180 million across 27 creative projects

Taiwan's state-backed content agency says it and its partners have committed NT$5.64 billion ($180 million) to 27 projects, spanning film, television, music, live events and children's programming.

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By Unscrolled
November 8, 2026 · 9:04 AM · 3 min read
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Taiwan invests $180 million across 27 creative projects
Photo: Variety

A $180 million slate across 27 projects

The Taiwan Creative Content Agency, known as TAICCA, said it and its partners have put money into 27 projects worth NT$5.64 billion ($180 million) in total, according to Variety's coverage of the Taiwan Creative Content Fest. TAICCA chair Sue Wang gave the figures at the event.

Of that total, NT$740 million ($23.7 million) came from the agency itself. The other NT$4.9 billion ($157 million) was private capital. The projects involve partners in nine countries.

TAICCA had its four joint ventures present their lineups together. Wang said the joint-venture structure makes investment decisions more professional and more precise, according to Variety.

Enjoy Entertainment: horror hits, musicals and festivals

Enjoy Entertainment is a venture between TAICCA and the Taiwanese telecom company Far EasTone. It reported 15 investments in its first 10 months, eight in film and television and seven in music and live events.

Among them is the horror film "The Rope Curse 4: Kuntilanak," which earned NT$80 million ($2.6 million) in Taiwanese theaters, the best result in that franchise. Another is VMTheatre Company's "Don't Cry, Dancing Girls the Musical," which was described at the event as the first Taiwanese musical to make it to Off-Broadway.

In music, Enjoy built the ID. Music Festival with Spotify. Fourteen Taiwanese acts played across two stages, which Variety described as the streaming service's first collaboration with a music event in Taiwan. The slate also features "Her Voice," a concert with five female performers from Taiwan and South Korea. Indie band Shallow Levée's "Speak in Silence" ties the group's 10th-anniversary album to work with Japanese and Korean musicians and a planned tour of about 50 shows in Taiwan and eight other Asian countries.

Enjoy is also behind an immersive project marking 25 years of work by picture-book artist Jimmy Liao. Gary Tsai, the company's general manager, said the goal is to bring original Taiwanese content to audiences abroad and adapt international IP for viewers at home. He pointed to Far EasTone's streaming service friDay Video, investments and cross-border partnerships as the tools for helping local productions and talent expand overseas.

A dedicated fund for children's content

The momomini Kids Content Fund began operating in December 2025 and has made six investments: three in animation, two in live-action and one in drama. COO Phoebe Tsai said the fund considers a project's potential effect on the industry, along with production, talent development and commercial viability.

She said children's content had not previously been treated as its own investment category in Taiwan. The fund's projects include "Who's Our Sub Today?," a comedy-adventure series for ages 8 to 12, and "Feifei," a picture-book adaptation being developed as an animated sitcom.

It also backed "Mogu & Perol," which pairs a French property with Taiwanese talent. Six or seven of its 39 episodes will feature Hakka culture, the heritage of one of the island's main ethnic groups. Other titles are the outdoor reality show "Mountain Adventure Squad 2," due in the first quarter of 2027, and "Hello, Mr. President!," which won an Excellent Screenplay Award from Taiwan's Ministry of Culture.

Chunghwa's fund, Joint Journey and what's coming

The Chunghwa Digital Cultural and Creative Fund holds NT$1 billion ($32 million). Chunghwa Telecom owns 64%, TAICCA owns 30% through the National Development Fund, E.Sun Financial Holding owns 5% and manager CDCC Capital owns 1%. It funds individual film and TV projects and also buys stakes in companies involved in content development, production, international distribution and new IP uses in areas such as games, music and cultural technology.

Its company holdings include DaMou Entertainment, the producer of "The World Between Us," and Horiza Creations, which concentrates on international IP operations, data-driven business models and crowdfunding. Its project list features the action comedy "Call of Lobster," a Taiwan–South Korea story that took the Chunghwa Telecom Award at the festival's 2024 pitching competition. It also includes "C'est la Vie," an eight-episode drama starring and executive produced by Esther Liu, with Tu Cheng-che as writer and director.

Joint Journey Creative listed the Taiwanese films "The Damp," "All Money Back My Home" and "Suffocation," plus a role in the international production of Season 6 of the Japanese series "Midnight Diner."

Enjoy's lineup also includes "Our Blues," a Taiwanese remake of the 2022 Korean series, which Netflix will release worldwide on Dec. 3.

Why it matters
  • 1.The announcement shows how a government-linked agency is using joint ventures to draw private money into Asian film, TV and music, a region whose content increasingly reaches American viewers.
  • 2.Netflix's global release of a Taiwanese remake, and a Taiwanese musical reaching Off-Broadway, suggest some of these projects may find audiences in the U.S.
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