Production China’s Hollywood Love Affair is Ending October 26, 2018 FilmTake Comments Off on China’s Hollywood Love Affair is Ending After two years of running Legendary Entertainment into the ground, China’s Wanda Group is exploring a sale of the once great production company.
Production [Part Two] Hollywood Financing is Broke August 7, 2017 FilmTake Comments Off on [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.
Production Wanda Group’s House of Cards July 18, 2017 FilmTake Comments Off on 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.
Production Update: Wanda’s Buyout of Dick Clark Productions Falls Apart February 22, 2017 FilmTake Comments Off on 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.
Distribution Hollywood’s Growing Dependency on Chinese Capital January 29, 2017 FilmTake Comments Off on 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.
Distribution Buying Spree Continues with Voltage Pictures November 14, 2016 FilmTake Comments Off on Buying Spree Continues with Voltage Pictures Xinke New Materials is acquiring an 80% stake in Nicolas Chartier’s Voltage Pictures. The acquisition amount will range between $345 and $518M.
Production Hollywood Welcomes Wanda Group’s CEO Wang Jianlin October 18, 2016 FilmTake Comments Off on Hollywood Welcomes Wanda Group’s CEO Wang Jianlin 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.
Distribution Rush to Offshore January 23, 2016 FilmTake Comments Off on Rush to Offshore China’s Perfect World Pictures will co-finance 25% of Universal’s B-slate over five years. The $500 million deal is the second major tie-up in a week.