Chinese billionaire wants to open theme park on Australia's Gold Coast with acquisition of Legendary

Posted | Contributed by Jeff

Wanda chief executive Wang Jianlin, who has flagged building a “major” theme park on the Coast, is reportedly chasing a majority share of Legendary Entertainment — the company which produced Jurassic World. The takeover bid is part of Wanda’s global mission to enter the multi-billion dollar film production and attraction park industry after recently acquiring Hoyts cinema chain and AMC Entertainment Holdings.