DAILY BRIEF: Aug 20, 2019

1
Chinese Streamer iQIYI Squeezed by Changing Content Context
Chinese video streaming giant iQIYI saw its losses deepen, in the April to June second quarter of its financial year. The company grew subscriptions, but was hit by rising content costs and lower advertising revenue Variety
2
China's Baidu beats earnings expectations, shares rally
Chinese internet search giant Baidu Inc beat quarterly earnings estimates on Monday after signing more people up to its video streaming service, sending its shares higher in a relief rally. Reuters
3
Cheng Cheng Films Nabs North American Rights to China’s ‘Send Me to the Clouds’
New York-based distributor Cheng Cheng Films has acquired North American rights to first-time Chinese director Teng Congcong’s comedy drama “Send Me to the Clouds,” starring and produced by A-list actress Yao Chen. The company is planning a theatrical release for fall 2019. Variety
4
Eros Now Announces China VOD Distribution Deal with Wasu Media
Eros Now today announced its partnership with WASU Media to deliver Bollywood and original Indian content to Chinese digital customers. WASU Media is a major cable television, broadband network OTT and IPTV service provider in China. Yahoo
5
From 'Mr Six' to 'Tokyo Story' – the best Asian films about growing up and getting old
From tear-jerkers to comedies, here are 10 of the best Asian films about getting old. South China Morning Post