DAILY BRIEF: Jun 22, 2018

NEWS YOU SHOULDN’T MISS

• 1

  China’s Epic Film Bubble Is About to Pop

  Four of China's leading film executives recently gathered on a Shanghai stage with a bleak message. "There are 20,000 film and television companies" in China, said Wang Changtian, president of Beijing Enlight Media Co. "Many aren't making money at the moment, so why are they still here?" He predicted that thousands will go bankrupt over the next year — a full-on bubble in movie-making, ready to pop. Bloomberg

• 2

  Netflix Acquires China's 'Animal World' Co-Starring Michael Douglas

  Directed by Han Yan, the gritty teen comic book adaptation is expected to be one of China's biggest releases of the summer. The Hollywood Reporter

• 3

  'Ocean's 8' actor Awkwafina to star in China-set project for Big Beach Films

  Rising US actor and rapper Awkwafina, now on global screens in Ocean’s 8, is set to star in Lulu Wang’s as-yet-untitled feature set in China for US production outfit Big Beach Films. Screen Daily

• 4

  2018 Chinese American Film Festival & Chinese American TV Festival Announced the First Batch of Film and Television Works

  On June 17th, EDI Media Inc., the organizer of the Chinese American Film Festival (CAFF) and the Chinese American TV Festival (CATF), held the second press conference for the 14th CAFF & CATF at Crowne Plaza Shanghai Silver Star Hotel. Digital Journal

• 5

  Hong Kong sci-fi film mixes robots and Chinese opera

  Featuring flying warrior robots and guitar-toting opera singers, Hong Kong animation Dragon's Delusion aims to break stereotypes of Chinese culture. BBC