The announcement ends rumors that a deal for that amount was being negotiated, although initial speculation indicated that price was more likely for a complete buy-out of Los Angeles-based Millennium. Read More
Recon Wenyuan Cable Co. is looking for its next big buy: Hollywood's Millennium Films, producers of "The Expendables" series, with a possible price tag of US$100 million, according to a Bloomberg report this week. Read More
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