Pursuits
China's Richest Man Eyes Bigger Deals After Legendary Purchase
- Wang keen to compete for bigger say in global film industry
- Wanda agrees to buy Legendary for $3.5 billion in cash
China's Richest Man to Buy 'Godzilla' Producer
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Wang Jianlin, the Chinese tycoon who just agreed to acquire the co-producer of "Jurassic World" for $3.5 billion in cash, signaled bigger deals may be in the works as he builds Dalian Wanda Group Co.’s influence in the global film industry.
“Wanda already has a big say in China’s film industry, but that’s far from enough,” Asia’s richest person said at a signing ceremony in Beijing on Tuesday. “Maybe in the not too distant future, we’ll hold an even bigger ceremony. Maybe we’d be buying some big entertainment company, or entertainment group. Such things can certainly happen.”