Wednesday, April 21, 2021

CHINESE GROUP TO SPEND $10 BILLION ON MOVIE BIZ

September 5, 2012 by · Leave a Comment 

Buying AMC Entertainment — the second-largest U.S. theater chain — for $2.6 billion is just “the first step” of a $10-billion investment in the U.S., which will likely include the purchase of additional theaters, a joint venture in film production, hotels and retail stores, the head of China’s Dalian Wanda Group said at a news […]

IMAX INKS $100-MILLION CHINA DEAL

March 24, 2011 by · 1 Comment 

While Hollywood movie studios are accusing China of dragging its feet in complying with a WTO order to lift its import restrictions on foreign movies, IMAX on Wednesday indicated that it is encountering no such barriers in that country. The giant-screen company announced that it had signed a deal with Wanda Cinemas, China’s leading exhibitor […]