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Chinese firm Wanda to buy Dick Clark Productions

Dalian Wanda is buying Dick Clark Productions, its first step into TV production. Above, the Wanda cinema next to the Wanda Group building in Beijing.  FRED DUFOUR/AFP/Getty Images

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The Chinese Company Dalian Wanda Group has been on a shopping spree in Hollywood. Today, the company announced that it bought Dick Clark Productions. That gives them the rights to high-profile events like the Golden Globes awards and the Miss American Pageant. Marketplace’s Reema Khrais reports on the latest buy from Wanda, and what it says about the Chinese influence in global entertainment.

 

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