China’s richest man is buying another big chunk of the American movie industry.
Billionaire Wang Jianlin’s Dalian Wanda Group announced Tuesday that it’s acquiring the Hollywood studio Legendary Entertainment, whose recent box office hits include “Jurassic World” and “Interstellar.”
A former soldier who built a vast real estate and entertainment empire, Wang made waves in the U.S. film business in 2012 when his company bought the cinema chain AMC.
