Taiwan telco Far EasTone Telecom (FET) opened this year's TCCF in Taipei this morning with backing for two multi-country funds that will inject NT$1.5 billion/US$46 million into the country's ramped up global content initiatives. The two funds are the Taiwan-Korea Entertainment and Cultural Content Fund and the Far EasTone-Enjoy Entertainment Fund.  

The Far EasTone – Enjoy Entertainment Fund, co-founded with the government-backed Taiwan Creative Content Agency (TAICCA), will invest in film, television and live performance projects, and promote international co-productions to raise the global visibility of Taiwanese content.

The NT$960-million/US$29.5 million Taiwan-Korea Entertainment and Cultural Content Fund, created with TAICCA, CJ ENM and TVBS, will focus on IP exchange, Mandarin content creation, production and talent development – fostering collaboration across music, drama, film and reality programming to reach regional and global audiences.

The funds aimed to accelerate the industrialisation and globalisation of Taiwan’s film and television industry, FET said this morning.

Speaking as FET celebrates the 10th anniversary of its streaming platform friDay Video, FET president Chee Ching highlighted the growing importance of screen-based media in shaping cultural influence and driving innovation. 

She said the platform’s success reflected FET’s decade-long dedication to premium content and advanced digital infrastructure.

According to Taiwan's NCC, friDay Video has been Taiwan’s leading local OTT platform by paid subscriptions for three consecutive years (2022–2024). 

“Our commitment to content is both cultural and commercial,” Chee said.

“We’ve built a strong foundation by delivering world-class productions to Taiwanese audiences while actively investing in original entertainment IP. Our goal is to amplify creative voice from Taiwan on the global stage," she added. 

FET is already active in international co-productions, including "18×2 Beyond Youthful Days", co-financed by FET’s subsidiary Mission International. The Taiwan-Japan collaboration grossed nearly NT$560 million across 10 Asian regions, making it Taiwan’s second-highest grossing domestic film of 2024. Another project, "Dear Stranger", co-produced by teams from Taiwan, Japan and the U.S., premiered in Japan in September, and at this year's Busan International Film Festival; global releases to follow. FET is also involved in the Taiwan-U.S-Korea co-production "Bedford Park", starring Son Suk-ku and Choi Hee-seo, produced by Gary Foster ("Sleepless in Seattle") and directed by Stephanie Ahn, slated for major film festivals in 2026.

TAICCA chairperson Sue Wang said during the launch ceremony that the "joint effort with Far EasTone, CJ ENM and TVBS to promote the dual funds marks a new stage of institutional investment and international collaboration for Taiwan's film and television industry. TAICCA will continue to facilitate the cross-border flow of capital and content, enabling more original Taiwanese stories to reach the world.”

Sean Cho, CJ ENM’s EVP and head of global business said the Taiwan-Korea Entertainment and Cultural Content Fund "embodies our belief that cross-border collaboration is the key to making Asian content global. By connecting Korea’s strong production expertise with Taiwan’s creativity and innovation, we are setting the stage for the next generation of international hits from Asia.”

CJ ENM Hong Kong and FET are producing a Mandarin adaptation of "Our Blues", led by producer Angie Chai and starring Vic Chou and Ning Chang. FET says the series infuses Taiwanese cultural elements to engage Mandarin-speaking audiences worldwide.

Minister of Culture, Li Yuan, said this morning that "we believe that the cross-border collaborations will push Asian content to a global scale.”