TCB in RMB: Wanda Invests in Bona to Strengthen its Domination

 /  Money  / 
Wanda Cinema Line, the world’s biggest cinema chain operator, is buying a 1.875 percent stake in private-owned Bona Film Group for RMB 300 million (US$43.51 million), the companies announced Monday. Read More

Wanda Cinema Line To Acquire 1.9 Percent Stake In Bona Film Group

 /  Money  / 
New Bona cinemas -- including both newly constructed and newly purchased cinemas -- will now become a part of Wanda Cinema Line, according to the agreement. Read More

Wanda Cinema Line to Go Head to Head with Alibaba, Baidu, Tencent in Online Video

 /  News  / 
China’s already crowded online video streaming market looks set to have a new challenger with Wanda Cinema Line, the theatrical exhibition arm of Chinese property development giant Dalian Wanda, set to launch its own video streaming website this year. Read More

China’s Biggest Movie Mogul Doesn’t Go to the Movies

 /  News  / 
Wang Jianlin “only goes to the cinema once a year, with his mother," according to a Financial Times report this week which cited an associate of the Dalian Wanda Group CEO. Read More

Moving Money Out of China: It’s Tricky

 /  Chinasplaining  / 
The State Administration of Foreign Exchange has demonstrated that it is more than happy to prevent showy, offshore deals, which almost always tends to describe the purchase of or investment in Hollywood properties. Read More

China-Hollywood Deals: Not So Fast

 /  Legal  / 
It would be a mistake to assume this is just a temporary hiccup and that Chinese companies will be back investing huge amounts in Hollywood in a few months. China still has a ton of money, but for the foreseeable future, the money is staying in China. Read More

Billion-Dollar China Deal for Dick Clark Productions in Jeopardy: Reports

 /  News  / 
The deal could still happen, but would get a hard look from the Treasury Department’s Committee on Foreign Investment in the United States. Read More

Four Million People Visit Shanghai Disney Resort in First Four Months

 /  News  / 
Disney's new Shanghai theme park saw four million visitors pass through its gates in its first four months, and the company's CEO sees the $5.5 billion project approaching break-even in 2017. Read More

China’s Version of Hollywood Starts to Take Shape in Qingdao

 /  News  / 
Billionaire Wang Jianlin’s plan to create a Chinese Hollywood is beginning to take shape with blockbuster projects already signing up in what is set to be the world’s biggest movie studio in Qingdao. Read More

China’s Richest Man Sets His Sights on the Golden Globes and Miss America

 /  News  / 
China’s richest man Wang Jianlin reportedly has his sights set on Dick Clark Productions, the company behind the Golden Globe Awards, American Music Awards, Billboard Music Awards, and "So You Think You Can Dance." Read More