China Probes Finances of Wanda, Fosun (Reports)
The China Banking Regulatory Commission is reported to be looking into how some of China's most acquisitive companies raised financing. Companies reportedly include Dalian Wanda, Fosun International…
Wanda
Wanda Joins With Tencent on IP Venture, Unveils Huge Production Slate
China’s Dalian Wanda group Monday unveiled a strategic cooperation pact with Internet giant Tencent, an agreement stretching from cooperation in film to VR and games. The property and entertainment…
Wanda Cinema Buys 2% Stake in China’s Bona Film Group
Wanda Cinema Line, part of China’s giant Dalian Wanda property to entertainment group, is buying a small share stake in Bona Film Group. According to a regulatory filing by the Shanghai-listed Wanda…
China’s Hollywood Deal Frenzy Slows Amid Regulatory Tensions in Both Countries
Within a few short years, what had once been just talk of big deals between China and Hollywood has become an impressive reality, with a wave of major acquisitions such as Dalian Wanda's $3.5 billion…
U.S. and China Struggle Over Film Quotas
As the U.S. and China begin to renegotiate the formal agreement that will determine relations between the two countries’ film industries, the talks couldn’t come at a more sensitive time. Xi Jinping…
Wanda Faces Hurdles in Closing Dick Clark Prods. Deal (EXCLUSIVE)
The Dalian Wanda Group announced its eye-popping $1 billion deal to buy Dick Clark Prods. back on Nov. 4. But the transaction is taking longer than expected to close, stirring chatter in the media…
Wanda Expands Global Theater Reach as AMC Pays $929 Million for Nordic Cinema
AMC, the U.S. theater chain controlled by China’s Dalian Wanda group, is to pay $929 million for Nordic Cinema Group. The company is the largest cinema operator in seven countries in the Nordic and…
Wanda Says Thomas Tull Exit Reflects Restructuring, Not Flops
Legendary Entertainment's Chinese owner, Dalian Wanda, said Friday that the abrupt exit of founder Thomas Tull is part of its larger restructuring plans but that the change at the top did not reflect…
Jim Gianopulos in Early Talks With Wanda for Legendary Post
Former Fox Film chief Jim Gianopulos is in preliminary talks with China's Dalian Wanda Group to run and expand its Legendary Pictures, according to two sources close to the executive. The discussions…
Thomas Tull’s Departure Puts Pressure on Wanda to Prove Legendary’s Value
Almost from the moment it was announced a year ago, Wanda's $3.5-billion acquisition of Legendary Entertainment drew criticism that the deal was too expensive, the company was still loss-making, and…
Davos: Wanda Still Planning Up to $10 Billion of Overseas Deals per Year (Report)
Wang Jianlin, chairman of China’s Dalian Wanda Group, says his conglomerate is planning overseas deals worth $5-10 billion a year. The main focus will be on entertainment and sports. Wang made his…
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