12 Chinese-Owned Media Companies, From Dick Clark Productions to AMC (Photos)
Firms from China have been scooping up production companies and theater chains by the billion in recent years
A firehose of Chinese investment has been flowing into Hollywood for the last few years, as Middle Kingdom firms have scooped up production companies and theater chains by the billion. And while D.C. has finally taken notice — and is asking the government to take a closer look at foreign ownership of American content companies — Chinese firms have already accumulated a substantial portfolio of media and entertainment-related companies often at healthy premiums. And Hollywood isn’t ready to look that gift horse in the mouth.
No comments:
Post a Comment