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AMC Theaters Purchased By Chinese Conglomerate
Inquisitr.com ^ | May 21, 2012

Posted on 05/21/2012 2:58:04 PM PDT by KeyLargo

AMC Theaters Purchased By Chinese Conglomerate Posted: May 21, 2012

AMC Theaters Bought By China CompanyU.S. owned AMC Theaters is being sold to Chinese conglomerate Dalian Wanda Group Co. for $2.6 billion, marking the largest China takeover of an American company to date.

According to the Dalian Wanda Group the purchase will place them directly in charge of the world’s biggest movie theater operation.

Based in Beijing the group says it will immediately invest $500 million to help expand AMC’s development, creating a much bigger machine. According to Wanda chairman Wang Jinlin:

“We support AMC becoming bigger, not only in the United States but in the global market.”

(Excerpt) Read more at inquisitr.com ...


TOPICS: Business/Economy; Constitution/Conservatism; Culture/Society; News/Current Events
KEYWORDS: amc; american; china; corporateamerica; globaleconomy; hollywood; movie; theaters
Oh well.

No more movies shown in your local movie palace about Chinese terrorists......

1 posted on 05/21/2012 2:58:10 PM PDT by KeyLargo
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To: KeyLargo

AMC Theaters Bought By China; death of AMC Theaters to fllow as movie goers stop going. Hollyweird hardest hit.


2 posted on 05/21/2012 3:04:23 PM PDT by SandRat (Duty - Honor - Country! What else needs said?)
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To: SandRat

fllow = follow


3 posted on 05/21/2012 3:05:14 PM PDT by SandRat (Duty - Honor - Country! What else needs said?)
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To: KeyLargo

4 posted on 05/21/2012 3:05:39 PM PDT by KeyLargo
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To: SandRat

In late 2010, General Motors agreed to sponsor a propaganda film celebrating the 90th anniversary of the Chinese Communist Party (CCP). The CCP made film titled (translated to English) “The Birth of a Party” or “The Great Achievement of Founding the Party” is set to premiere all over the Communist nation on June 15 reported China AutoWeb last September. …
When the movie first went into production GM signed up Cadillac as the “chief business partner” with the Communist Party, stating: “Cadillac whole-heartedly supports the making of the Birth of a Party.”
In fact, an AP article in early May points out, “Chinese TV regulators have reportedly ordered local broadcasters to stay away from spy and crime thrillers as part of a propaganda buildup for the ruling Communist Party’s 90th anniversary July 1.”Stars of the film are reportedly chauffeured aroundChina in the Cadillac SLS in an effort to promote the movie all over the Communist led country.

http://sayanythingblog.com/entry/general-motors-sponsoring-chinese-communist-propaganda-film/


5 posted on 05/21/2012 3:07:06 PM PDT by KeyLargo
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To: KeyLargo

“First they came for the auto manufacturers, then they came for the soft goods manufacturers, then they came for the camera makers, then they came for the entertainment providers....then they came for.....!”


6 posted on 05/21/2012 3:33:16 PM PDT by Don Corleone ("Oil the gun..eat the cannoli. Take it to the Mattress.")
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To: KeyLargo
People still go to movie theaters?

Or is this purchase just a front for something else?

7 posted on 05/21/2012 3:40:30 PM PDT by EGPWS (Trust in God, question everyone else)
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To: KeyLargo

American
Movie
Chicoms


8 posted on 05/21/2012 3:45:24 PM PDT by omega4179 ( el 0bama comiĆ³ un perro)
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To: KeyLargo
here come the subliminal images...
9 posted on 05/21/2012 3:57:16 PM PDT by Chode (American Hedonist - *DTOM* -ww- NO Pity for the LAZY)
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To: KeyLargo

What great news. Now I’ll be able to get shredded cod and eel on a stick at the snack bar, and wash it down with squid ink tea.


10 posted on 05/21/2012 4:55:50 PM PDT by Harley (Will Rogers never met Harry Reid.)
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To: omega4179

Or alternately, the palindrome CMC.

Yes, Chinese Multi Cinema — even our movies are
Made in China.


11 posted on 05/21/2012 4:59:38 PM PDT by QuestingElf
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To: KeyLargo; a fool in paradise
Now available from the snack bar:


12 posted on 05/21/2012 5:01:10 PM PDT by Revolting cat! (Let us prey!)
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To: KeyLargo

Chinese tastes are different, I wonder if they’ll show Horrywood hollol movies?


13 posted on 05/21/2012 5:05:26 PM PDT by Revolting cat! (Let us prey!)
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To: KeyLargo
Now Avarible at Snack Bah...
You tly, you rike!

Smile

Smile

Tly popcorn! Now has extra LEAD!

14 posted on 05/21/2012 5:30:15 PM PDT by 70times7 (Serving Free Republics' warped and obscure humor needs since 1999!)
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Click the Pups

Calling for Donors!

Please Donate Monthly
Sponsors will bark up $10 for each new monthly sign-up
FReeper RonC will give FR $25 for each new Dollar-A-Day Club member!

15 posted on 05/21/2012 6:16:05 PM PDT by TheOldLady
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To: KeyLargo

In ten years they will all be closed anyway. Everyone will have movies streamed to their device of choice. Theaters will be practically extinct.


16 posted on 05/21/2012 6:26:23 PM PDT by csmusaret (Obama's new slogan: "Fo Mo Mo Fo.")
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To: Chode; 70times7; Harley; Revolting cat!
"here come the subliminal images..."

Yep.

"I'll have the "Chow" on a stick"

17 posted on 05/22/2012 5:12:48 AM PDT by KeyLargo
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To: KeyLargo
pretty much...
18 posted on 05/22/2012 2:47:13 PM PDT by Chode (American Hedonist - *DTOM* -ww- NO Pity for the LAZY)
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