You are here

China's Wanda makes entertainment tracks

It's set to become the largest cinema operator, with over 13,000 screens on four continents once current deals are closed.
Saturday, August 27, 2016 - 05:50

BT_20160827_WANDA27_2461964.jpg
ACHIEVING SUCCESS FROM BOLDNESS: Mr Wang, China's richest man, says that he can afford failure. 'If we buy one of the Big Six (movie studios), for five or eight billion dollars, and lose it all, Wanda wouldn't go bankrupt.'

Beijing

WANG Jianlin, the billionaire Chinese property tycoon turned entertainment mogul, said that his push into movies was entirely accidental. "We didn't have a choice, we were forced into it," Mr Wang, whose Dalian Wanda Group controls Hollywood studio Legendary Pictures and US cinema

sentifi.com

Market voices on:

Nespresso
Pair your daily business read with the perfect cup of espresso.

Subscribe to The Business Times today to receive your very own Nespresso Inissia coffee machine worth $188.

Find out more at btsub.sg/btdeal

Powered by GET.comGetCom