Chinese Conglomerate to Become Largest Movie Theater Operator in America

Tuesday, May 22, 2012

A Chinese conglomerate is set to become the largest movie theater operator in the United States. The Wanda Group, a Chinese company with extensive interests in the entertainment business, has agreed to acquire AMC Entertainment and its 5,000 movie screens across North America.

The deal is valued at $2.6 billion and marks the largest investment to date by a Chinese company in the American film industry.

Phil Levy explains China's influence on American business. He teaches international economics at the Columbia School of International and Public Affairs.


Philip Levy

Produced by:

Marc Kilstein

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