Privately owned Wanda operates hotels, department stores, tourism and other businesses. Its assets include 86 theaters in China and film production and distribution businesses. The New York Timesreports Wang Jianlin, chairman and president of Wanda, said "his goal was to own theaters covering 20 pe...
Ticket sales for North American theaters are up 4.3 percent to $10.1 billion so far this year. The movie opens on Jan. 9 in China, where Dalian Wanda has business interests that span fitness events to real estate and cinema chains. The company is controlled by Wang Jianlin, China’s ...
Wanda’s huge cinema holdings and aggressive expansion in China have also likely given AMC better leverage with technology and cinema amenities suppliers. Wanda has a contract with Imax to build 210 giant-format theaters in China by 2021. Lopez said on the call that he plans to invest $245 m...