Shark movie kills the competition

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.

The Meg, which became a hit in both the US and China, has drawn $314m (R4.5bn) globally as of Sunday and toppled Tom Cruise’s latest Mission Impossible instalment in North American cinemas. Debuting on August 10, it has become the biggest shark film since Steven Spielberg’s 1975 blockbuster, Jaws. — Bloomberg