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Chinese Theater Chain Purchases America’s AMC Theaters

By David Outten with Tom Snyder

American Multi Cinema (AMC) is now Chinese. China’s Dalian Wanda Group announced a $2.6 billion purchase of the American theater chain, making Dalian Wanda the largest theater chain in the world.

While Hollywood continues to dominate movie production, it makes more and more of its income overseas. China is considered a lucrative, rapidly-expanding market. The Chinese want a piece of the pie as well and have found ownership of theaters a golden opportunity.

In February, it was announced that DreamWorks would engage in a joint venture with China Media Capital (CMC) to produce family entertainment under the banner Oriental DreamWorks.

How much of an input will the Chinese Communist Party have in these business ventures and the mass media products they produce and promote?

When the Japanese firm Sony was its strongest, it purchased Columbia Pictures and has found the entertainment side of its business more profitable than the electronics side of late.

A recent report sounded the alarm that only five conglomerates, including Time Warner, Viacom, Disney, Comcast, and News Corp., now control about 90 percent of all media, from movies and television to music and publishing.

The mass media creates the culture that shapes people’s values and beliefs, especially children and teenagers. Supporting MOVIEGUIDE®’s efforts to redeem the values of the mass media of entertainment by using God’s biblical principles is now more important than ever!

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4000+ Faith Based Articles and Movie Reviews – Will you Support Us?

Our small team works tirelessly to provide resources to protect families from harmful media, reviewing 415 movies/shows and writing 3,626 uplifting articles this year. We believe that the gospel can transform entertainment. That’s why we emphasize positive and faith-filled articles and entertainment news, and release hundreds of Christian movie reviews to the public, for free. No paywalls, just trusted, biblically sound content to bless you and your family. Online, Movieguide is the closest thing to a biblical entertainment expert at your fingertips. As a reader-funded operation, we welcome any and all contributions – so if you can, please give something. It won’t take more than 52 seconds (we timed it for you). Thank you.

Movieguide® is a 501c3 and all donations are tax deductible.


4000+ Faith Based Articles and Movie Reviews – Will you Support Us?

Our small team works tirelessly to provide resources to protect families from harmful media, reviewing 415 movies/shows and writing 3,626 uplifting articles this year. We believe that the gospel can transform entertainment. That’s why we emphasize positive and faith-filled articles and entertainment news, and release hundreds of Christian movie reviews to the public, for free. No paywalls, just trusted, biblically sound content to bless you and your family. Online, Movieguide is the closest thing to a biblical entertainment expert at your fingertips. As a reader-funded operation, we welcome any and all contributions – so if you can, please give something. It won’t take more than 52 seconds (we timed it for you). Thank you.

Movieguide® is a 501c3 and all donations are tax deductible.