Taiwan Creative Content Agency (TAICCA) signed a pair of MoUs (memorandum of understanding) with two separate companies on the second day of Taiwan Creative Content Fest (TCCF) – Japan’s K2 Pictures and Taiwanese games industry investor Lunta Ventures.
The MOU with K2 Pictures outlines future cooperation across co-production, co-financing and the strategic deployment of production funding, “with the aim of boosting the global visibility of Taiwanese film and TV productions”, according to a TAICCA statement.
Launched in May 2024, K2 Pictures is working with major Japanese filmmakers including Shunji Iwai and Hirokazu Kore-eda on a slate of projects to be financed through a film fund, breaking with Japan’s less flexible production committee method of financing films.
The signing ceremony at TCCF was attended by TAICCA president Min-Huei Wang and K2 Pictures founder and chairman Muneyuki Kii.
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“I presented here a year ago, and since then our company has been fully engaged in film production,” said Kii. “It is an honor to sign this MOU with TAICCA today. We plan to shoot in Taiwan and collaborate with local talent. We hope to bring outstanding Asian cinema to audiences around the world.”
TAICCA vice president Hu Ting-Li said: “Taiwan’s film and television productions continue to gain international attention, and the strength of Taiwan-Japan cultural ties is widely recognized. We look forward to establishing new frameworks for Taiwan-Japan co-productions.”
Meanwhile, TAICCA’s MOU with Lunta Ventures, a Taiwan-based VC firm focused on the games industry, is for a joint initiative to establish the ‘Digital Games Fund’.
The fund aims to support original game projects from the R&D phase with early-stage capital, offering Taiwanese development teams stable financial backing and professional guidance to transform their ideas into internationally competitive original IPs.
“We’ve found that venture capital in Taiwan is usually reluctant to invest in smaller studios, so we’re bucking the trend and helping smaller creators by providing the first cheque,” said Lunta Ventures chairman Meng-Kung Hsieh at the signing ceremony. “We want to elevate Taiwan’s games industry so we all have more games to enjoy. With TAICCA on board we can make this happen.”
TAICCA collaborates with companies in Taiwan and overseas to find different ways to strengthen the Taiwanese content ecosystem, either by supporting projects and international co-productions or in some cases by taking equity positions in local companies.
The government-based content agency is signing two more MOUs at TCCF tomorrow – with Japan’s largest book distributor Tohan and with South Korean webtoon production company Contents Lab Blue. In both cases, the collaborations aim to promote Taiwanese content in international markets.