Wanda’s CEO Jianlin is in Hollywood to purchase more media properties. The acquisition of Legendary for $3.5 billion was the biggest Hollywood-China tie-up.
In August 2015, angry investors who lost money on Shan Jiuliang’s Fanya Metals Exchange, attacked, detained, and escorted him to the closest police station.
BOTTOM LINE ~> Vivendi continues its acquisition mandate by increasing holdings in Ubisoft and Gameloft. Vivendi owns roughly 10% of each French game company. They are still sitting on the cash from their divestment from Activision, and indications point to a plan to fully acquire either or both game makers in the coming months.
RTL and TF1 will equally co-fund with NBCUniversal’s global television production division. The partners will equally share revenues generated from content.