Wang Jianlin is buying Dick Clark production to raise the Chinese Film industry in the US


From the past few years, a vast change in the Hollywood Industry is getting recognised in the eyes of the public. The Chinese movies are making a new landmark in terms of business and grossing multi-dollar collection in the Hollywood box office industry.

Image Credit: Financial Times

The Mermaid, Furious 7 and Transformers series are some prominent examples which had evoked the earning business of Chinese movies in an appreciable manner. This is due to this, Wang  Jianlin, a notified Chinese entrepreneur, is ready to lay down some efforts to embarked the Chinese entertainment industry in an alluring manner at the global platform.

As per the latest coverage, the man had acquired the rights to Legendary Entertainment for a dealing of 3.5 billion dollars. The notified person had already bought AMC Theaters back in 2012, and now on his way to put back the sports as well as entertainment industry together to give a tough competition to the US entertainment industry.

Recently Wang’s company, better known as Dalian Wanda Group deals to pay as a sum of 1 billion US dollars for Dick Clark Productions, which generally financed the Golden Globe Award ceremony along with the telecasting rights of famous reality show  “So you Think You can Dance”.

To provide a sustainable growth for the Chinese movies net worth, the Billionaire also planning to buy Carmike Cinemas, a motion picture exhibitor, in the upcoming days.

Wang Jianlin approaches are fair enough to draw the attention of US public towards the upcoming Chinese movies, about to be releasing in the US,  as well as to provide the Chinese movies a way to run successfully in the US theatres for a long time.

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