Jan 6, 2016
China and Hollywood are tightening their relationship
China wants to be a leader in global entertainment. This might be the first step.
by Kai Ryssdal and Adriene Hill
The ties between China and Hollywood keep getting tighter and tighter. There are reports that the Chinese real-estate and entertainment conglomerate Dalian Wanda is nearing a deal to buy a majority stake in Legendary Entertainment, the company responsible for “Jurassic World,” the recent “Godzilla” remake, and “The Dark Knight” among others. If the deal goes through, it’ll be a big step towards China’s goal to become a leader in global entertainment. Marketplace’s Adriene Hill explains.