Wanda Unveils Studio Rebates, Says Lions Gate to Use Qingdao

  • Chinese group to offer more than $150 million in rebates
  • Conglomerate will provide discounts of 40 percent for studio

Variety Says Wanda Nears Dick Clark Deal

Billionaire Wang Jianlin’s Dalian Wanda Group Co. unveiled subsidies worth more than $150 million a year to lure film makers to his new studio complex in China’s coastal city of Qingdao. 

To continue reading this article you must be a Bloomberg Professional Service Subscriber.