The Latest China-Hollywood Failed Deal
China’s Recon Group fails to close its acquisition of Avi Lerner’s Millennium Films. All Hollywood-China deals are in peril, as many have failed to close this year.
August 2017
Was Wanda Group’s Chairman Barred from Leaving China?
Wanda Group dismissed “vicious rumours” that its chairman Wang Jianlin and China’s richest person, was detained by authorities and forbidden to leave China.
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[Part Two] Hollywood Financing is Broke
Tang Media is set to purchase Open Road Films for an undisclosed amount. The price might as well be one dollar, given Open Road’s massive debt load.