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

...
茂名市| 崇文区| 贵州省| 彭州市| 阳江市| 平果县| 浠水县| 讷河市| 泽普县| 盐亭县| 铅山县| 清徐县| 富源县| 宁阳县| SHOW| 丰都县| 铜鼓县| 昆山市| 中宁县| 株洲县| 唐海县| 乐昌市| 鄂托克前旗| 榆树市| 梁平县| 潞城市| 四会市| 阿拉尔市| 绥宁县| 吴忠市| 镇江市| 文山县| 天津市| 乳山市| 泸溪县| 托克逊县| 萍乡市| 平塘县| 平山县| 三门县| 遵义县|