Chinese firm Wanda to buy Dick Clark Productions

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.