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How Chinese censorship changed “Top Gun” (and the rest of Hollywood)

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The upcoming sequel to “Top Gun” may strike many moviegoers in the summer of 2020 as an aerial tribute to American military might, yet several sharp-eyed fans who have seen the trailer are asking if Paramount Pictures is doing the bidding of China. The studio changed Tom Cruise’s character’s signature jacket to remove the Taiwanese flag, and it’s just the latest example of Beijing’s censorship laws shaping entertainment in the States. Today, we trace many examples and talk about why they matter. Plus: A bunch of mergers and acquisitions news as PayPal buys Honey Science Corp. and Charles Schwab enters talks to buy its biggest rival, TD Ameritrade.

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