Taiwan-Japan Film Fund Daily Capital Launches at Tokyo Market, Backs Period Romance ‘Love Ends in Bloom’
Daily Capital, a new fund focused on Taiwan-Japan film and television co-productions, launched on the Tokyo International Film Festival market TIFFCOM’s opening day at the “Taiwan Originals: Project Showcase” event.
The fund aims to raise NT$100 million (about $3.1 million) and invest in at least five projects across film, television and animation over its first two years. Fundraising has reached 70% of the target, and the fund expects to begin operations by year-end, founder Chang Chen-yu told Variety.
Related Stories
The name “Daily” reflects the idea that meaningful progress is built through daily efforts, Chang said at the launch.
In Japan, Daily Capital has identified K2 Pictures and Remow as co-development partners. Founded by producer Kii Muneyuki, K2 Pictures brings together Japanese filmmakers including Iwai Shunji, Miike Takashi, Nishikawa Miwa and Kore-eda Hirokazu. Remow is backed by Japanese entertainment and media companies including Shueisha, Toei, Amuse, Shochiku, TBS Holdings and Fuji Media Holdings, with access to established IP libraries and distribution networks.
“Investment amounts will vary according to each project’s scale and needs, whether it’s a film, series or animation. We expect to come in during development or pre-production, contribute to script discussions and help assemble the core creative team.