DAILY BRIEF: Aug 21, 2018

1
Top Shark Movie Since ‘Jaws’ May Solve the U.S.-China Film Puzzle
A movie about a giant shark wreaking havoc on a tourist town is this year’s surprise summer hit. Sound familiar? That’s what its Chinese producer was hoping for. Bloomberg
2
New Line Picks Up China-Set Romantic Comedy 'Singles Day'
Chris Bender will produce the pic, which focuses on a day when young people in China celebrate their single-dom. The Hollywood Reporter
3
China Overtakes the UK To Become Second Biggest TV Market in the World
TV programming expenditures in China, including online platforms, hit RMB 73bn (US$10.9bn) in 2017, followed by the UK at US$10.0bn, while the US led the global market, spending US$58.3bn, said the research company. The Drum
4
Asia Reacts to “Crazy Rich Asians”: Asians, Americans, and Stars on Film’s Impact
This Wednesday, a cinematic shockwave made its way through the US Asian-American population, in the form of director Jon M. Chu’s film version of Kevin Kwan’s Crazy Rich Asians. The film will be the first Hollywood offering to feature a predominantly Asian cast with Asian leads in over two decades. RADII China
5
Milt Barlow’s Asia Releasing Acquired by Tangren Cultural (EXCLUSIVE)
Brisbane-based Tangren Cultural Film Group has acquired multinational company Asia Releasing, a distributor and marketing firm specializing in the handling of Chinese films. Milt Barlow, industry veteran and Asia Releasing founder, will stay on as COO of Tangren. Variety