Wang Jianlin is a Chines property tycoon that buys theater chains throughout the US, UK, and Australia. He sees this as being a particular way for him to export Chinese culture on a global level. Wang first made headlines globally back in 2012 when when his Chinese company bought US theater chain AMC Entertainment Holdings.
Key Takeaways:
- Wanda Builds a Global Theatre Empire. Bought US theatre chain AMC Entertainment valued at $2.6 billion.
- Cinema Expansion Coincides with Government Cultural Push.
- Wanda is buying Studios and More Screens.
“In the TV interview, Wang mentioned that, since the AMC buyout, the American theater chain has screened over 50 Chinese films with 15 shown in the US last year alone.”
