In September 2012, Wang Jianlin, chairman of China’s Dalian Wanda Group Co., arrived in Los Angeles to celebrate the closing of his $2.6 billion purchase of AMC Entertainment Holdings Inc. Perched in a plush seat, Mr. Wang greeted Hollywood executives at a 15-screen AMC theater in the city’s Century City neighborhood. He was the new guy in town, but said at the time that his Hollywood acquaintances should expect to hear more from him. ...
Dalian Wanda Group , a Chinese firm , is currently in talks to acquire a 49 % stake in Paramount Pictures . should this be successful alongside its pending bid to acquire Carmike Cinemas , it will become the world ’s biggest movie - theatre chain . With China set to be the world ’s largest box office by the end of the year , Chinese investments are already entering the industry , with deals being approved following success in the Chinese market rather than its US counterpart , and Chinese stars , such as actress Angelababy , given leading roles in US films .