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| L-R: CJ ENM Executive Vice President and Global Business Division Head Sean Cho, TVBS President Sheena Liu, Taiwan's Minister of Culture Li Yuan, Taiwan Creative Content Agency Chairperson Sue Wang, Far EasTone Telecom President Chee Ching (Image Source: Television Asia Plus/Taiwan Creative Content Agency) |
Throigh the signing of a memorandum of understanding held during the 2025 Taiwan Creative Content Fest (TCCF), CJ ENM Hong Kong (CJ ENM HK), Taiwan Creative Content Agency (TAICCA), Far EasTone Telecommunications (FET), and TVBS Media have officially announced the establishment of the Entertainment and Culture Content Fund, a global initiative aimed to foster cross-border content collaboration.
With a combined commitment of 960 million Taiwan Dollars (approximately 30 million US Dollars) over 5 years, the fund will invest in IP exchange and Mandarin content creation, production, talent development and distribution of finished contents locally & internationally. It aims to elevate creative collaboration across Mandarin music, dramas, movies, reality and other content genres which can resonate with regional and global audiences. “This fund embodies our belief that cross-border collaboration is the key to making Asian content global. By connecting our production expertise with Taiwan’s creativity and innovation, we are setting the stage for the next generation of international hits from Asia,” said CJ ENM Executive Vice President and Global Business Division Head Sean Cho. Taiwan's Minister of Culture Li Yuan also expressed, “We are really thrilled to be working with so many entertainment powerhouse and especially excited to have Korean Entertainment powerhouse CJ ENM on board. We believe that the cross-border collaborations will push Asian content to a global scale.” Far EasTone Telecom President Ching Chee noted that the company, which has expanded into the creative content business for at least a decade, has increased its investment in production due to the rising challenges of content acquisition, citing the dominance of Netflix as a major factor.
TAICCA Chairperson and Taiwan's deputy culture minister Sue Wang expressed that these initiatives mark a milestone for Taiwan's film and television sector in terms of systematic investment and international cooperation and is hopeful that "Taiwan can learn from the South Korean companies' journey and the experience behind their success". The fund’s areas of focus include Content Production & Investment, supporting any formats that showcase local Taiwanese and Korean narratives, and Distribution & Marketing Support, leveraging both countries’ media networks and platforms to reach broader audiences across Asia and beyond. This unique Alliance also combines core strengths of each partner beyond monetary contributions: CJ ENM HK’s international production and distribution network, TAICCA’s local IP and industry knowledge, FET’s digital innovation and technology capabilities, and TVBS’ broad media reach and production expertise. The official launch ceremony, held inside the Nangang International Exhibition Centre, was witnessed by Minister of Culture alongside representatives from TAICCA, CJ ENM, CJ ENM Hong Kong, Far EasTone Telecom, and TVBS. The event marked a significant step forward in the shared vision to build a vibrant and sustainable pan-Asian entertainment ecosystem.
