DAILY BRIEF: Sep 17, 2018

NEWS YOU SHOULDN’T MISS

• 1

  Alibaba to Focus On ‘Positive’ Content As It Seeks Share of China’s Hot Digital Entertainment Market

  The company will focus on selecting titles that advocate a “good world view and entertainment value”, according to Alibaba Literature chief executive Li Zhiqian in an interview with mainland Chinese media outlet Beijing News. South China Morning Post

• 2

  China Box Office: Louis Koo Thriller 'L-Storm' Wins Slow Weekend With $30M

  Hong Kong action sequel L-Storm, starring an always-svelte Louis Koo, swept into cinemas with a winning $30 million. Paramount's Mission: Impossible — Fallout held onto third place in its third weekend, adding $12.6 million. The Tom Cruise juggernaut has earned a hefty $162.3 million in China, which is Hollywood's fourth-best performance there this year, trailing only Avengers. The Hollywood Reporter

• 3

  Toronto Drama ‘Farming’ Sells To UK, France, Australia, China, More

  Lionsgate UK has acquired UK rights to writer and director Adewale Akinnuoye-Agbaje’s autobiographical feature debut Farming, which debuted at Toronto. Deadline

• 4

  Maoyan-Weying Files for IPO: What Investors Need to Know

  Continuing this year's trend of Chinese companies going public, Maoyan-Weying, the online movie ticketing and entertainment website backed by internet giant Tencent, recently filed to go public on the Hong Kong Stock exchange under the English name Entertainment Plus. Earlier this year, Bloomberg had reported that the company might look to raise around $1 billion. Fool

• 5

  Story of "China's Chicago" Told to American audience

  The success story of Wuhan city, better known to the West as China's Chicago, in central China, is becoming more familiar to Americans at a photo exhibition that will be in San Francisco in the next four months. China.org.cn