Dalian Wanda to buy Legendary Entertainment stake for $3.5bn
12 January 2016
From the section Business
Legendary can count The Dark Knight Rises as one of its biggest cinema successes
China’s Dalian Wanda Group is to buy a controlling stake in Hollywood film studio Legendary Entertainment in a deal valued at $3.5bn (£2.4bn).
Legendary is the maker of blockbuster hits such as Jurassic World, the Dark Knight Batman trilogy and Godzilla.
Wanda is the world’s biggest movie theatre operator with a majority stake in the US chain AMC.
The rapidly growing group is led by China’s richest man, Wang Jianlin.
Mr Wang …read more
Source:: BBC Entertainment