Last year, Wanda bought Legendary Entertainment for more than $3 billion. It's also the majority owner of the AMC movie theater chain. But now it feels like everything is going south for Wanda. A deal to buy Dick Clark Productions fell apart, and the company has started to sell off portions of their theme park division. At one time the plan was for Wanda's parks to rival Disney, but they haven't come anywhere close. And Wanda's not alone -- deals with other Chinese companies have faltered as well, which seems to show the unpredictability in Chinese investments.
FROM THIS EPISODE
More From Hollywood Breakdown
Bill Shine, the former co-head of Fox News, heads to the White House Shine was ousted from Fox News last May over the network's handling of sexual harassment cases under Roger Ailes. His new job as head of White House communications is in some ways perfect and in many ways shocking.
NBC News misses another sexual misconduct story In the midst of the #MeToo mvement, Sil Lai Abrams was ready to go on the record with sexual assault allegations against Russell Simmons and A.J. Calloway. She took the story to Joy Reid at MSNBC, but the network dragged its feet for months, before ultimately killing the story.
LATEST BLOG POSTS
Curious Coast: One listener wanted to know more about LA’s indigenous communities, here’s why Araceli Argueta is a lifelong resident of the Los Angeles area, but she still doesn’t consider herself an L.A. native. At least, not in the traditional sense of the word.… Read More
LA’s Tongva descendants: ‘We originated here’ KCRW listener Araceli Argueta wanted to know more about the history of Los Angeles’ indigenous people and submitted this question to Curious Coast. “What Native Tribes’ lands are we on?… Read More