China Wants A Bigger Stake In Hollywood, But The Deals Keep Dying

Major Chinese deals with Hollywood are unraveling left and right. Dalian Wanda Group announced plans to buy Dick Clark Productions for $1 billion in November, but that deal is now dead. Eldridge Industries revealed Friday that the deal was terminated after Wanda “failed to honor” its contractual obligations, CNBC reports. Wanda, run by Chinese billionaire Wang…

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