Is AMC Theaters for Sale?
As Cineworld prepares to buy Regal, is AMC, the world’s largest cinema owner, also for sale? Six companies have approached AMC since September.
Wanda
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.
Wanda Group’s House of Cards
A mysterious document that appeared on social media in China places all of Wanda’s Hollywood acquisitions in jeopardy.
Profit at IMAX China Fell 13% in 2016
After the slowest growth rate in a decade at China’s box office, the Shanghai-based subsidiary of IMAX Corp. saw net profit fall 13% from 2015.
Changing Exhibition Markets and Practices
Wanda Group is in the position to transform theatrical exhibition markets in English-speaking territories.
Update: Wanda’s Buyout of Dick Clark Productions Falls Apart
Update: Dick Clark Productions sues Dalian Wanda for $25 million after the Chinese conglomerate failed to complete it’s $1.07 billion buyout.
China Expected to Officially Expand Film Quotas
China’s top film regulator, announced through state-run news sources that a quota expansion is likely in the coming months.
China Warns the US About Protecting Media Assets
Wang Jianlin, chairman of Wanda Group, warned the U.S. last week against implementing protectionist measures for media assets.
Hollywood’s Growing Dependency on Chinese Capital
The media industry’s increasing dependence on Chinese capital sets up a crisis once the chickens of China’s property market come home to roost.
China’s Deserted Movie Theaters
China doubled the number of movie screens from 20,000 in 2013 to 41,000 by 2016. Conversely, 2016 was the worst year in a decade at China’s box office.