BEIJING: Billionaire Wang Jianlin, Asia's richest man, is poised to become the first Chinese person to control a Hollywood film company after his flagship group agreed to buy the producer of “Jurassic World” in a US$3.5bil deal.
Wang’s Dalian Wanda Group Co will buy Burbank, California-based Legendary Entertainment for its intellectual property rights and to help China have a bigger say in the global film industry, the tycoon said in briefing here yesterday.
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