Patrick Frater Asia Bureau ChiefTaiwan’s four top cinema exhibition chains have joined forces to launch new feature movie production company Bole Film.
The company aims to bring between three and five new films per year to market.Bole is backed by VieShow Cinemas, Showtime Cinemas, Ambassador Theatres, and Shin Kong Cinemas, with the support of Taiwanese Creative Content Agency (TAICCA)’s National Development Fund.
Singapore-based mm2 Entertainment is also part of the mix, aiming to fund film investments and tap international market opportunities.Bole will operate by providing development funding of up to NT$2million ($70,100) per project brought to it by independent producers, while also working on a business plan.
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