"This acquisition will help make Wanda a truly global cinema owner, with theaters and technology that enhance the moviegoing experience for audiences in the world's two largest movie markets."
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China's Bona Film Group has increased its revolving credit facility with Bank of Beijing from $15.8m (RMB100m) to $79m (RMB500m), which it will use over the next two years for content production.
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On a shallow level, film cooperations are quite common, such as shooting scenes in China or working with Chinese actors and actresses. But deeper collaborations or partnerships rely on capital investment from both sides.
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Dalian Wanda Group's agreement to pay $2.6 billion for cinema chain AMC could draw more Chinese investors to U.S. entertainment properties.
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