Chinese Company Takes Bigger Stake In American Cinemas
Who controls the American movie business? With its latest acquisition, it looks like a Chinese firm is trying to plant its flag in how Americans digest film culture.
Dalian Wanda
Wanda Cinema Extends Chinese Influence Overseas
Wanda Cinema Line, a unit of Chinese property developer Dalian Wanda Group, has completed the acquisition of Hoyts by buying HG Holdco's 100% stake and acquiring an AUD70 million loan from HG ANZ for CNY2.246…
Wanda Cinema Line To Acquire Second Largest Cinema Chain In Australia
Wanda Cinema Line, a unit of China's leading property developer Dalian Wanda Group, plans to acquire the entire stake in Hoyts Group, a leading chain cinema operator in Australia, via a wholly-owned subsidiary.