Taiwanese IP development company Mirror Fiction Inc has launched a film and TV production company, Mirror Entertainment, with a $10M (NTD310M) co-investment with Taiwan Creative Content Agency (TAICCA).
The Taipei-based outfit is developing ten films and TV series projects over the next five years, several of which will be produced with international partners.
Eight projects were announced at a launch event at Taiwan Creative Content Fest (TCCF) today, including three inspired by true events or global issues: Godless, adapted from a true story about a female serial killer in Taiwan; Until The Next Appointment, a Switzerland-set comedy about the impact of internet usage on children; and thriller Diamonds And Bread, about a diamond theft linked to an international conspiracy.
Mirror Entertainment will be headed by chairperson Tung Cheng-yu, who is also the CEO of Mirror Fiction. Tung is an established figure in Taiwan’s IP development field with experience across journalism, publishing and film production. She also co-scripted Tsai Ming-liang’s 2013 drama Stray Dogs, which won the Grand Jury Prize at Venice Film Festival, and executive produced award-winning drama series Port Of Lies.
Other members of Mirror Entertainment’s management team include General Manager Lo Chun-Han; Lily Chen and Patrick Jia, Content Development & Production Department Directors, who will act as producers on Mirror Entertainment projects; and Glenis Tsai, International Business Development Director, who will connect the company’s projects with domestic and international markets.
Mirror Fiction has also brought on board Ruen Tai Shing Co and Field Stone Investment Holding as co-investors in the new venture alongside TAICCA. The TAICCA investment is sourced from Taiwan’s National Development Fund, which has previously invested in local film and TV companies including Mandarin Vision, Damou Entertainment and Screenworks Asia.
Mirror Fiction is an IP incubation platform which has previously invested in films including A Sun and The Falls, both of which were selected as Taiwan’s submission to the Best International Film category of the Oscars; as well as box office horror hit The Rope Curse 3. The company also produced Port Of Lies, a series about a lawyer defending a migrant worker accused of murder, which won seven prizes at Taiwan’s Golden Bell Awards, as well as Freddy Tang’s feature film April, which recently screened at Tokyo International Film Festival.
Other projects announced at the launch event today include Gangster Priest, a black comedy about a gangster who has trouble leaving behind his life of crime; and horror film Hopscotch, which explores how family trauma is replicated through new generations.
Mirror Fiction also plans to adapt its own properties including hit internet novel The Cleaning Guide For Murderers; and Promise To Bring You Home, a story about baseball in Taiwan’s indigenous communities, which picked up the Glory IP award today at TCCF Pitching.