Far EasTone Telecommunications and the Academy of Literary and Art Circles Collaborate to Form a Film and Television Entertainment Fund

        On November 1st, Far EasTone Telecommunications teamed up with the Academy of Culture and Policy to establish a film and television entertainment fund, and signed a Memorandum of Understanding (MOU) on film and television industry cooperation under the witness of Minister Shi Zhe of the Ministry of Culture, striving for the internationalization of the content industry chain; On November 7th, it was announced that CJ ENM Hong Kong (CJ ENM HK), the regional office of South Korean entertainment leader CJ Entertainment&Media, will once again collaborate with the Culture and Strategy Institute and satellite channel operator TVBS to establish the "Cultural Content Fund" and jointly sign a letter of intent for cooperation. It is hoped that through strategic alliances across international, cross platform, and cross entertainment industries, combined with various companies in content innovation, domestic and foreign marketing and distribution, media operations Specializing in streaming platforms and other fields, providing higher quality program content to audiences outside of Asia.

        Chee Ching President said that under the influence of the international streaming platform and the COVID-19, people's entertainment and viewing habits have accelerated to change, and the demand for film and television content has increased. For OTT industry, the expanded film volume is not enough to catch the audience's attention, and unique and exquisite content is the key to success. FriDay Video has a leading advantage in Korean dramas and variety shows. Based on its existing foundation, Far EasTone Telecommunications supports local original video content through investment and purchasing. At the beginning of the year, it also collaborated with renowned senior producers Chai Zhiping and Perak International Multimedia to form Mi Shen International, striving to create high-quality content; This time, in the next city, we will jointly establish a film and television entertainment fund with the Cultural and Policy Institute, which will combine the resources of international entertainment groups to promote Taiwan's original film and television to go overseas.

        Chief Operating Officer of Digital Entertainment Cai Junrong stated that Far EasTone Telecommunications looks forward to continuing its partnership with CJ ENM Group, jointly building a cross domain film and television fund, providing innovative and high-quality audiovisual services, and becoming a key driver for Taiwan's IP to enter the international market. At present, Far EasTone Telecommunications subsidiary "Mi Shen International" is collaborating with CJ ENM HK to plan a Chinese version of the popular Korean drama "Our Blues Time". This not only integrates Taiwanese cultural elements and delves into the local market, but also helps to enhance the international production and marketing capabilities of Taiwan's film and television industry. The formation of this strategic alliance is expected to deepen the relationship between the two sides and promote cooperation in more aspects of the entertainment industry.

        In addition, Far EasTone Telecommunications recently released its first Taiwanese Japanese collaborative film and television work, directed by Fujii Daoren, the Best Picture Director at the Japanese Film Awards, and starring Taiwanese billionaire box office actor Hsu Kwong han in the youth romance film "Youth 18x2: Journey to Yourself"; The drama work "Your Marriage is Not Your Marriage", which was first invested in and jointly produced with Public Television in 2022, also received 11 nominations for this year's Golden Bell Awards. In the future, it will focus on original IP entering the international market, connecting well-known producers, promoting local music and performances, and continue to invest in the film and video content industry.

        CJ ENM has numerous representative works in the fields of film, television, and music, including the Oscar winning film "Parasitic High", the Korean drama "Love's Landing", Korea's largest music festival KCON, and MAMA awards. CJ ENM Hong Kong is located in Hong Kong and Singapore and is a distribution center for non Korean content.

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