Hollywood Reporter – Wanda Cinema Line Buys 1.9 Percent Stake in Bona Film Group

The deal adds Bona’s 41 theaters to Wanda’s China leading number of 401. PCV notes that in 2012 Wanda purchased AMC Theaters, which has over 300 screens in the US and Canada.

May 16, 2017

‘Chinese billionaire Wang Jianlin’s Wanda Cinema Line, the Middle Kingdom’s largest movie theater chain, has acquired a 1.9 percent stake in Beijing-based film studio Bona Film Group.

Wanda paid $44 million (RMB 300 million) for the stake, which values Bona at $2.32 billion (16 billion RMB), according to a regulatory filing. ‘

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