China's Buying of Hollywood
Good read about the Chinese Billionaire who has been buying up parts of the US Movie Supply chain, from a studio to the movie theater, over $7 Billion dollars so far in acquisitions. Usually when a wealthy foreigner comes in to Hollywood, such as Sony and Columbia Studios or German film investors, they usually lose a lot of money. Hollywood is expert on separating investors from their money.
Wanda Chairman Reveals Ambitious Plan to Invest Billions in "All Six" Hollywood Studios - Hollywood Reporter
Wanda Chairman Reveals Ambitious Plan to Invest Billions in "All Six" Hollywood Studios - Hollywood Reporter
Labels: Hollywood, made in china
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