Leonardo DiCaprio, Nicole Kidman among those attending AMC Theaters owner’s studio launch HONG KONG — China’s Dalian Wanda Group has unveiled plans to become one of the world’s biggest film companies. This story first appeared in the September 24, 2013 issue of Variety. Subscribe today. At a glitzy ceremony in the port city of Qingdao, attended by top stars from China and Hollywood as well as senior Hollywood executives, Wanda chairman Wang Jianlin broke ground on a new mega studio. He also revealed alliances with Hollywood studios and announced a new film festival. His $4.9 billion (RMB 30 billion) Qingdao Oriental Movie Metropolis will include 20 sound stages, including a 10,000 square meter studio complex, 19 smaller, related facilities and a theme park. It is set to open in 2017.
Source: China’s Wanda Unveils Global Domination Plans | Variety
CHINA AND HER HISTORY 