Dalian Wanda’s Deal to Buy Dick Clark Productions “Falls Over”

Dalian Wanda’s Deal to Buy Dick Clark Productions “Falls Over”






Dalian Wanda’s Deal to Buy Dick Clark Productions “Falls Over” $AMC Eldridge Industries, the US owner of Dick Clark Productions Inc., said Friday that one of its affiliates terminated an agreement to sell off the TV production company to Chinese conglomerate Dalian Wanda Group. Eldridge, which also owns magazines such as the Billboard and The […]






Hong Kong Billionaires Top the World’s List

Hong Kong Billionaires Top the World’s List






Hong Kong Billionaires Top the World’s List $AMC Over 50% of the Hong Kong billionaires ranked among the world’s 500 richest people derive their fortunes from property, controlling $119-B in total net worth. Property moguls from the US, a country with more than 40X HK’s population and almost 9X the representation on the Billionaires Index are […]






AMC Theatres (NYSE:AMC) Closes Carmike Cinemas Acquisition

AMC Theatres (NYSE:AMC) Closes Carmike Cinemas Acquisition






AMC Theatres (NYSE:AMC) Closes Carmike Cinemas Acquisition $AMC AMC Theaters as unit of Chinese conglomerate Dalian Wanda, now operates 900 venues with more than 10,000 screens globally. Wednesday, AMC Theatres said Wednesday hat it has completed its acquisition of Carmike Cinemas for approximately $1.1-B, including the assumption of Carmike debt, making it the largest movie […]






Carmike Cinemas Shareholders Approve $1.2-B AMC Merger

Carmike Cinemas Shareholders Approve $1.2-B AMC Merger






Carmike Cinemas Shareholders Approve $1.2-B AMC Merger $AMC, $CKEC Chinese-owned AMC Entertainment Holdings is on course to become the world’s biggest theater chain. AMC Entertainment Holdings (NYSE:AMC) has jumped another hurdle to becoming the world’s largest exhibitor. Chinese-owned AMC, the 2nd-largest US theater chain, Tuesday secured shareholder approval from Carmike Cinemas (NASDAQ:CKEC) for its amended […]






China’s Dalian Wanda Group Paying $1-B for Dick Clark Productions

China’s Dalian Wanda Group Paying $1-B for Dick Clark Productions






China’s Dalian Wanda Group Paying $1-B for Dick Clark Productions $AMC, $SNE China’s Dalian Wanda Group has added another entertainment trophy to its stable of overseas acquisitions, paying $1-B for Dick Clark Productions, the TV company that produces the Golden Globes and the “Miss America” pageant. Wanda is one of China’s most important conglomerates and […]






Wanda’s Wang Jianlin Unveils $8-B Qingdao Studio

Wanda’s Wang Jianlin Unveils $8-B Qingdao Studio






Wanda’s Wang Jianlin Unveils $8-B Qingdao Studio $AMC, $CKEC Wang Jianlin, the chairman of China’s Dalian Wanda Group, unveiled plans for a massive $8.2-B production facility in Qingdao at a recent gala. Wang also detailed a plan to incentivize production at the sprawling studio complex by rebating up to 40% of a production’s costs. The […]






Wanda Group in Talks for Minority Viacom Interest

Wanda Group in Talks for Minority Viacom Interest






Wanda Group in Talks for Minority Viacom Interest $VIA, $CBS, $$AMC Chinese real estate and entertainment conglomerate Dalian Wanda Group has held talks with Viacom Inc (NASDAQ:VIA) about acquiring a minority stake in its Paramount Pictures unit, according to 2 people familiar with the situation. Wanda’s interest adds new urgency to deliberations over Paramount’s future, […]