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...Dalian Wanda, a property and entertainment conglomerate controlled by Wang Jianlin, was once adamant that it did not plan to sell down its stake in US cinema chain AMC Entertainment....
...by AMC of cinema chains Carmike Cinemas in the US ($1.2bn), Odeon Cinemas in the UK ($1.2bn) and Nordic Cinemas ($650m); and Legendary Entertainment....
...Also on Tuesday, US cinema chain AMC Entertainment — which Wanda acquired in 2012 — issued a statement clarifying that funding for AMC’s recent acquisitions of other theatre chains did not come from Wanda...
...For example, Wang seemed to agree that he had paid a high price for the AMC Entertainment cinema business and film studio Legendary Entertainment simply to convince US companies to sell to him....
...“We have to make sure China doesn’t learn Hollywood’s bad habits.”...
...He is far gentler in the flesh, almost feline, padding around his LA house in his customary V-neck T-shirt and high-waisted trousers so softly that he hardly makes a noise....
...Sony has faced pressure from activist investor Dan Loeb to spin off part of its entertainment division but is holding firm – for now....
...Entertainment was provided by British comedian Al Murray and a colourful troupe of can-can dancers....
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