Wang Jianlin Archives - Celluloid Junkie

NEWS

Journey to the West: The Demons Strike Back

CJ China News Digest – Thursday 26 January 2017

Advance ticket sales up ahead of Spring Festival, market share of online ticketing revealed, little cinema consolidation in 2016, should BO count include service charge, Xiao Feng reveals cinema expansion plans, Wang's Davos transcript, 6.7 was average score for Chinese films released in 2016.

AMC Odeon Nordic Carmike. (image: Celluloid Junkie)

AMC Buys Nordic Cinema Group for $929 Million – Here Is What You Need to Know

Wanda-controlled AMC has further expanded its global reach by acquiring Nordic Cinema Group (NCG) for SEK 8.25 billion (USD $929 million) in an all-cash deal, only a month after completing its acquisition of Carmike in the US and Odeon & UCI in UK and Europe. Nordic is the parent company of SF B…

Wanda Cinema Wang Jianlin and Huayi Brothers' Wang Zhong Jun and Wang Zhong Lei

Huayi Bros Targets Wanda With Dadi Investment

The rivalry between the Dalien Wanda and Huayi Brothers is intensifying, with Huayi investing CNY ¥78.85 million (USD $11.5 million) for 95 million shares in Dadi Cinemas, China’s second largest cinema chain. The deal gives Huayi Bros a 4.56% stake in Dadi, making it the company’s third-…

China’s Box Office ‘Slump’ Is Worse Than You Realise

CJ looks at what caused the box office in China to crash in 2016, what the actual business climate is and the future prospect of the Chinese cinema market.

Wang Jinlian

Insider Trading Questions Raised About Wanda’s Shimao Acquisition

Chinese shares have taken a major plunge in the past few weeks, including those of Wanda Cinema Line Co., which in response promised to expand and acquire aggressively in a move to defend its share price. Yet questions are now being raised about one Wanda’s most recent acquisitions in China, w…

Wanda Acquires Hoyts

A Closer Look At Wanda’s Acquisition of Hoyts

Wanda Cinema Line had already planted its flag in the United States by acquiring the country’s second largest exhibition chain, AMC Entertainment, and now the Chinese company is entering the Australian market with an identical business move, snapping up Hoyts. Like AMC, Hoyts is the number two…

Wang Jianlin, founder of Dalian Wanda group, Credit CHINATOPIX, via Associated Press

China Cinema Digest – Thursday 4 December 2014

Wanda Cinemas has been given the OK for an IPO in China in its second attempt. So much for all of our conspiracy theories that it would list elsewhere. Wanda Cinema Line Co. Ltd., a movie theater company controlled by Chinese real estate mogul Wang Jianlin, has received approval for a share-offering…

Wang Jianglin, chairman and founder of Dalian Wanda Group

Questions Raised About Wanda Cinema’s IPO

Sina Finance carries a long and excellent analysis of Wanda Cinema’s re-submitted IPO document, written by Enterprise Observer newspaper reporter Zhu Lin. The article raises several pertinent question about the IPO of the world’ largest cinema chain, which also controls AMC in the US. Th…

Wanda cinema

What Wanda’s IPO Prospectus Tell Us About China’s Cinema Market

No less than 30 Chinese companies are looking to list on US stock exchanges this year, led by Internet giants such as JD.com and Alibaba. The reason for choosing the likes of Nasdaq is because unlike their Chinese counterparts they don’t require three years of profitability as well as US regul…