DAILY BRIEF: May 16, 2018

NEWS YOU SHOULDN’T MISS

• 1

  Quietly And Carefully, Chinese Mega-Corporation Tencent Holdings Sets Sights On Hollywood

  While its strategy as it moves into Hollywood has yet to be firmly defined, Tencent is disrupting the conventional wisdom of corporations in the Middle Kingdom. Ask around and observers will tell you: this is the one to watch. Deadline

• 2

  How China Aims to Become a Truly Great Movie Power

  The industrialisation of China's film sector was a major topic of discussion at the recent 8th Beijing International Film Festival. Some filmmakers cited the success of “Wolf Warrior 2”, which amassed a record 5.68 billion yuan (Bt28.4 billion) at the box office, and “Operation Red Sea”, which won the award for best visual effects at the festival, to say China’s film industry has come of age. The Nation

• 3

  STX, DCP and Tencent Team to Bring Billboard Music Awards to China

  Previously, the three companies teamed up to bring the 2018 Golden Globes and DCP’s 'New Year’s Rockin’ Eve' to the country. The Hollywood Reporter

• 4

  Why You're Not Going to Want to Miss Out on iQiyi

  In this week's episode of industry focus: tech, host Dylan Lewis and Motley Fool contributor Danny Vena explain why iQiyi is so exciting and what investors should know about the company before digging in. The Motley Fool

• 5

  Women’s Equality in China Is About Opportunity, Says Director Vivian Qu

  As the Time's Up and #MeToo movements press for gender equity in the U.S., women in China's film industry also suffer from a lack of opportunity and sexist treatment, director Vivian Qu said in Cannes on Sunday Variety