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Articles by Recommended ReadingWanda
Chinese Filmmakers Think Local while the World Waits
Popular films screen in Italy but international release remains on hold for many. It’s an unprecedented “golden era” for China’s film industry with a soaring domestic market but while the country is expected to be the world largest film market in 2020, the days of Chinese productions doing big business overseas still seem a long way off. The Far East Film Festival in Udine, Italy, has just finished presenting a case in point.
Wanda Quietly Launches Qingdao Movie Metropolis
That’s how long it took Dalian Wanda Group to build a massive 50 billion yuan ($8 billion) entertainment complex, complete with film-making facilities and a theme park as its centerpieces, about 30 km outside the picturesque coastal city of Qingdao in northeast China’s Shandong province.
Qingdao Wanda Film Studio Opens April 28
After years of preparation, the Wanda Film Metropolis will formally open on April 28. Jason Wei handles marketing for the hotel portion of the project. Nick Zhang is in charge of marketing for the Wanda Studios portion of the project. I met with them last week at the site for a preview of what will be revealed at the opening.
Wanda Officially Announces Exclusion of Legendary Entertainment in Restructuring
After having suspended its stocks for half a year, Wanda Film Holdings has officially announced that U.S. movie studio Legendary Entertainment will not be part of the reorganization that has been in progress in July last year. Legendary Entertainment was acquired for $3.5 billion in 2016 but has been making losses since.
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