DAILY BRIEF: Aug 10, 2018

1
‘The Meg’ Opens in Third Place in China Amid Controversy
Monster shark movie “The Meg” thrashed to a third-place finish at the Chinese box office Friday amid controversy over chart-topper “iPartment,” which was accused of artificially boosting its numbers. Variety
2
"This Is Our Watershed Moment": Hollywood's Asian-American Leaders Have a Plan to Push Inclusion
With 'Crazy Rich Asians' as a catalyst for change, more than a dozen executives, agents and creatives break down their mission to give voice to "all underrepresented people" in entertainment: "One group lifts the other." The Hollywood Reporter
3
Fast-growing Chinese Media Startup ByteDance Is Raising $2.5B-$3B More
Fast-growing Chinese media startup ByteDance is looking to raise as much as $3 billion to continue growth for its empire of mobile-based entertainment apps, which include news aggregator Toutiao and video platform Tik Tok. TechCrunch
4
Story of ‘China’s Captain Sully’ to Be Made into A Film
The story of Chinese pilot Liu Chuanjian, who managed to safely land an airline jet after its cockpit's windscreens fell out at 9,700 metres, is set to be made into a film. GBTimes
5
‘Mersal’ Joins Throng of Indian Films Set for China Release
China’s HGC Entertainment has picked up rights to Indian drama film “Mersal.” The company plans to release it, dubbed into Mandarin, later this year or in early 2019. Variety