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Post by The Ultimate Nullifier on Dec 19, 2014 21:33:59 GMT -6
variety.com/2014/biz/news/chinas-wanda-opens-first-movie-theme-park-in-wuhan-1201384159/China’s Wanda Opens First Movie Theme Park in Wuhan WUHAN – Dalian Wanda group, the Chinese conglomerate that controls the AMC cinema chain in North America, Saturday gave official openings to its latest entertainment industry extravaganzas. In the central Chinese city of Wuhan, chairman Wang Jianlin headed a ceremony to open the Wanda Movie Park, which it claims is the world’s first indoor theme park, and the specially built “Red Lantern” Han Show Theatre. Giving a measure of the influence of the giant Chinese group, at least four foreign ambassadors to China were present Saturday morning. The company has plans to compete with Disney, DreamWorks and Universal and open a string of theme parks across the country, making use of its extensive property industry developments. The company has already become China’s largest private sector cinema chain and has become a major distributor and film financier.
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