"How to Train Your Dragon 2" soared to the top of the Chinese box office over its four-day mainland opening.
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China’s Wanda Group will spend $1.2 billion to develop its Hollywood presence after it won a bid for a plot of land at 9900 Wilshire Boulevard, Beverly Hills, for the HQ of its U.S. entertainment business.
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Domestic productions were the driving force for an increase of $760 million in movie box office over the previous year.
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