Dalian Wanda, a property developer turned entertainment conglomerate controlled by billionaire Wang Jianlin, once had major ambitions in Hollywood – with plans to invest in U.S. studios and the acquisition of North American cinema chain AMC Theatres and Legendary Entertainment.
However, the group was hit by the Chinese authorities’ clampdown on heavily indebted companies in 2017 and later sold off its Chinese studios and theme parks, its Los Angeles property development and most of its stake in AMC. Legendary brought in
Entertainment Entertainment Latest News, Entertainment Entertainment Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Netizens speculate the group name for SM Entertainment's upcoming boy group | allkpopNetizens are speculating the group name for SM Entertainment's upcoming boy group. Following the media outlet report tha…
Source: allkpop - 🏆 573. / 51 Read more »