Wanda withdraws from theme park business, gradually abandoning entertainment

Posted Friday, November 2, 2018 11:14 AM | Contributed by Jeff

China’s Dalian Wanda Group has agreed to a deal with Sunac China Holdings to sell its Wanda Cultural Management unit, representing the last of Wanda’s film and theme park ties in the country. The deal all but signals the end of Wanda’s once-massive plans for its entertainment businesses in China.

Read more from Deadline.

Friday, November 2, 2018 6:47 PM


Friday, November 2, 2018 7:17 PM

Right? I never understood all of that hyperbole. Disney has decades of diverse IP at its disposal, much of it arguably the most beloved characters in modern culture. You don't just beat that one day because you decide to.

Friday, November 2, 2018 8:51 PM

I've heard Wanda has hired Hue Jackson as a PR man to shift the blame on everyone else.

Saturday, November 3, 2018 11:55 AM

Didn’t know Wolverine had much PR experience...


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