DAILY BRIEF: Apr 9, 2018

NEWS YOU SHOULDN’T MISS

• 1

  Spielberg's Ready Player One is Pulling Insane Money in China

  Steven Spielberg's Ready Player One is outperforming every other Warner Bros. movie in China. Aside from the obvious, one of the things that sets Spielberg movies apart from the crowd is that they have great staying power. Screen Rant

• 2

  Franklin Leonard’s The Black List Makes Deal To Produce/Finance Meridian Entertainment-Backed Indie Films

  Meridian Entertainment and The Black List have formed a multi-year partnership that will empower the screenplay advocacy service founded by Franklin Leonard to produce and finance three to five English language films each year. Deadline

• 3

  Hollywood gets wakeup call from China's box office

  Hollywood knew it was coming, just not this soon. Though the U.S. is still ranked as the largest film market in the world annually, this financial quarter through the end of March, marked the first time that the China box office outpaced the U.S., domestic cum, heralding the changeover to come. Xinhua

• 4

  iQiyi, the "Netflix of China," Leverages Local Online Movie Boom

  With its unique 50-50 revenue split and a new IPO, the streamer has struck gold with features made specifically for the internet. The Hollywood Reporter

• 5

  Format Protection Body Backs Allegation of Copyright Infringement Against China’s iQIYI

  FRAPA, an organization that represents television format producers and distributors, has backed allegations by a South Korean company that a leading Chinese streaming platform infringed the copyright of one of its talent shows. Variety