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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

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.'


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

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