'Kong: Skull Island''s RMB 470 million opening weekend made for the second biggest Hollywood opening this year, behind only 'Resident Evil: The Final Chapter' (RMB 636 million; $92.7 million), and 18% higher than its strong $61 million North American opening weekend—numbers that allow the film’s Chinese funders, Wanda (who own Legendary Pictures) and Tencent to pound their chests. While Kong may appear outwardly to extend Hollywood’s dominance over the Chinese box office, the participation of Wanda and Tencent really make it a victory for the home team as well.
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