DAILY BRIEF: Aug 9, 2018

NEWS YOU SHOULDN’T MISS

• 1

  China’s iQIYI Expands Nickelodeon Content Deal

  Chinese video streaming platform iQIYI has renewed a content supply deal with Viacom’s Nickelodeon. The deal is a fourfold expansion of the amount of content iQIYI is buying. Variety

• 2

  Box-Office Preview: Big-Budget 'The Meg' Heads for Tepid $20M-Plus U.S. Debut

  Hollywood's latest summer shark pic — costing at least $150 million to produce — hopes to score bigger numbers overseas; other high-profile new offerings include Spike Lee's 'BlacKkKlansman.' The Hollywood Reporter

• 3

  Fan Bingbing's Name Stripped from Movie Poster

  The disappearance of Fan Bingbing continued as her name in a poster for an upcoming movie has been removed. The top Chinese actress has not appeared in public since she was recently involved in a storm over her alleged inking of two contracts in a bid to avoid paying taxes. Straits Times

• 4

  Trump's China Tariffs Claim Another Victim: A South Carolina TV Manufacturing Plant

  The tariffs imposed by President Trump have claimed more jobs, this time at a consumer-electronics manufacturing plant in South Carolina. Element Electronics blamed tariffs on Chinese imports for its decision to shut down its manufacturing facilities in Winnsboro, SC, a town located about 30 miles north of the state’s capital. Fortune

• 5

  Mega VR Cinema Planned for Beijing

  Construction of a mega virtual reality (VR) cinema has begun in Beijing, as one Chinese entertainment company plans to elevate the capital's cinematic experience. GBTimes