China’s Wanda buys Dick Clark Productions for $1 billion
Arts & Entertainment / Theater & Dance / TV

China’s Wanda buys Dick Clark Productions for $1 billion

BEIJING (AP) — China’s Dalian Wanda Group has added another entertainment trophy to its stable of overseas acquisitions, paying $1 billion for Dick Clark Productions, the TV company that produces the Golden Globes and the “Miss America” pageant. Wanda is one of China’s most important conglomerates and China’s largest property developer. Its chairman, Wang Jianlin, … Continue reading

Dalian Wanda, Sony to partner on multiple big-budget movies
Arts & Entertainment / Asia / Business / International News / Movies / Technology

Dalian Wanda, Sony to partner on multiple big-budget movies

BEIJING (AP) — China’s Dalian Wanda Group and Sony Pictures Entertainment Motion Picture Group have formed a partnership to cooperate on multiple big-budget movies, marking another step into the global film industry by the Chinese conglomerate. Wanda, which already owns AMC Theaters and bought Legendary Entertainment for $3.5 billion in January, said it would both … Continue reading