Curtain Falls on Paramount-Huahua $1 Billion Film Tie-Up

 /  Money  / 
Paramount Pictures said it has terminated its $1 billion film-financing deal with Chinese partner Huahua Media, ending half a year of uncertainty after reports first emerged that the tie-up had run into trouble due to a Beijing crackdown on such investment. Read More

Film as Soft Power and Hard Currency: The Sino-Hollywood Courtship

 /  China Film Insiders  / 
The old global hierarchies of developed and developing countries have been destabilized as emerging powers such as China compete with the reigning power, the United States, for global influence, and the European Union struggles to keep it together. Read More

Government Curbs Sink Overseas Investment in Property, Sports, Entertainment

 /  Money  / 
China’s outbound direct investment fell 41.8% year-on-year over the first eight months of 2017 in response to a government crackdown on overseas acquisitions in real estate, sports, and entertainment.  Read More

Wanda Cinemas Rebrands as Wanda Film Holding, 2016 Profit Up 15 Percent

 /  News  / 
Wanda Cinemas' name change indicates that the company still intends on reorganizing its entertainment assets after it shelved those plans late last year, when regulators expressed concern over the financial viability of the change. Read More

Paramount’s $1 Billion Deal with Huahua, SFG Off: Report

 /  Money  / 
Fewer than two months after a planned investment was first announced, the deal is off, according to The New York Post, which cited sources on Sunday that referred to the potential cash infusion as "DOA [dead on arrival]" and "dead," respectively. 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

Dalian Wanda Buys Dick Clark Productions for $1 Billion

 /  News  / 
China's most ambitious entertainment company adds to a portfolio that already includes AMC Entertainment and Legendary Pictures. 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