China's influence over Hollywood grows | The Cinema Post - Part 3
Tuesday , March 26 2019
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China’s influence over Hollywood grows

Chinese actress Jing Tian wins Hollywood International Award
Chinese actress Jing Tian wins Hollywood International Award

The partnership — in which the Chinese company will help promote Sony films in China and co-finance some of Sony’s biggest China movie releases — comes on the heels of two major acquisitions. In January, Dalian Wanda announced the acquisition of Legendary Entertainment, the Hollywood production company behind such blockbusters as “Jurassic World” and “The Dark Knight.” In March, AMC Entertainment, a U.S. cinema chain previously acquired by Dalian Wanda, made a bid for Carmike Cinemas that would make Dalian Wanda Group the owner of the biggest cinema chain in the United States.

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China has never been shy about its desire to acquire “soft power” – the kind of cultural and economic influence that can’t be wielded by military might. And Hollywood has often been a partner in its project. China’s bid for soft power was on show this week, as Sony Pictures Entertainment formed an alliance with Dalian Wanda, a Chinese company that has become one of the world’s largest media empires, in a deal announced Friday. While the partnership was smaller than some of Dalian Wanda’s previous acquisitions, it attracted attention as the Chinese company’s third major deal in Hollywood this…

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