China's Wanda Group, Under Wang Jianlin, Gathers Hollywood Heavyweights in Qingdao City, Shandong Province

As reported in The Wrap on Sept. 20th, 2013, "Hollywood moguls including Weinstein Co. chairman Harvey Weinstein and Lionsgate motion picture chiefs Rob Friedman and Patrick Wachsberger are in [Qingdao] China this weekend for a star-studded, two-day summit hosted by rising Chinese media power Dalian Wanda... Among the stars expected to attend are Leonardo DiCaprio, John Travolta, Kate Beckinsale and Christoph Waltz, according to an individual with knowledge of the event."

"The fact that moguls of that level would jet to China for two days in the midst of the fall movie season is a signal of how important  Wanda – and the massive China movie market – has become to the global movie business."

As readers of this blog may remember, the Wanda Group, controlled by China's richest person - billionaire Wang Jianlin, bought AMC Theaters (the second largest movies theater chain in the US) in 2012 reportedly for $US 2.6 billion. This has been a busy week for the Dalian Wanda Group. They also reportedly gave $20 million to the Academy of Motion Picture Arts & Sciences for its film museum.

Here is a video (based on reporting by Bloomberg, which published an in-depth Wang Jianlin profile on August 19th, 2013) about Wang Jianlin:

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