国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

China / China

China's Wanda extends into Hollywood with Dick Clark deal

(AGENCIES) Updated: 2016-11-04 23:36

Dalian Wanda is extending the Chinese property-entertainment conglomerate's buying spree into US television, agreeing to a $1 billion acquisition of Dick Clark Productions, which runs the Golden Globes, the Miss America pageant and other major awards shows.

Wanda said in a statement on Friday that the deal marked its "first step" into television content to sit alongside its investments in theme parks, film production and sport. It added it would keep Dick Clark's current management team after the deal.

Dick Clark's owner, media investment holding company Eldridge Industries, had said it was in talks with Wanda in September.

Dick Clark Productions is an iconic name in US entertainment that also produces the Academy of Country Music Awards and the Billboard Music Awards. Founded by TV presenter Dick Clark, host of the American Bandstand pop music TV show from 1957 to 1987, the eponymous firm went public in 1986 before being taken private 16 years later.

Wanda's deal is its latest move into Hollywood. Earlier this year, Wanda paid a reported $3.5 billion to acquire Legendary Entertainment, the studio behind Pacific Rim, Warcraft and the upcoming The Great Wall, starring Matt Damon. It owns the US cinema chain AMC Entertainment Holdings Inc. It also has business ties with Sony Pictures and Sony Corp's film unit in China.

In August, Wang told Reuters he expected to seal two billion-dollar deals in the US this year. He aims to bring Hollywood technology, directors and even stars to China. Wang is trying to attract Hollywood film makers with subsidies to a new production studio he is building in China's eastern city of Qingdao. US film producers are also looking for a way into China's fast-growing cinema market.

Wang also has said he wants to own a Hollywood studio. In an interview with The Hollywood Reporter published this week on THR.com, he said he would establish a multibillion-dollar fund to invest in all ``six big’’ Hollywood studios.

"I might as well start from wherever I can, such as through investment with all six [studios]," Wang said in the interview. "We will continue to work on a potential acquisition. But it won't hurt to start by doing what we can. Participating via investment seems like a wise choice for the time being."

Wanda’s buying spree has drawn concern from among some US lawmakers about China's influence in Hollywood and the impact it might have on media in the United States. Wang has said his motivation comes from a "business perspective" and is not a political one.

Highlights
Hot Topics

...
桃源县| 乌海市| 邢台县| 武清区| 宁武县| 武清区| 宜良县| 沁阳市| 长治县| 卓尼县| 惠州市| 马鞍山市| 双城市| 陇南市| 兴山县| 海宁市| 城步| 潮安县| 南通市| 建水县| 闽侯县| 清水县| 文登市| 桃园县| 巨野县| 乌鲁木齐市| 色达县| 沁源县| 舞阳县| 丽江市| 陈巴尔虎旗| 江津市| 财经| 嘉黎县| 平泉县| 汕头市| 中宁县| 常熟市| 禹州市| 沙雅县| 交口县|