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China’s Richest Man, Dalian Wanda’s Wang Jianlin, Makes His Move on Hollywood

The former PLA commander is on a push to extend Chinese cultural influence through movie production, cinemas and theme parks; a $1 billion bid for Dick Clark Productions

Wang Jianlin is buying Hollywood, one piece at a time.

China’s richest man has gone on a shopping spree aimed at positioning his Dalian Wanda Group in every stage of the entertainment life cycle: cinemas, movie production, TV, marketing and more.

His latest target, Dick Clark Productions, would stretch Mr. Wang’s empire into...

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