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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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Now more than ever we’re bombarded by darkness in media, movies, and TV. Movieguide® has fought back for almost 40 years, working within Hollywood to propel uplifting and positive content. We’re proud to say we’ve collaborated with some of the top industry players to influence and redeem entertainment for Jesus. Still, the most influential person in Hollywood is you. The viewer.

What you listen to, watch, and read has power. Movieguide® wants to give you the resources to empower the good and the beautiful. But we can’t do it alone. We need your support.

You can make a difference with as little as $7. It takes only a moment. If you can, consider supporting our ministry with a monthly gift. Thank you.

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


Now more than ever we’re bombarded by darkness in media, movies, and TV. Movieguide® has fought back for almost 40 years, working within Hollywood to propel uplifting and positive content. We’re proud to say we’ve collaborated with some of the top industry players to influence and redeem entertainment for Jesus. Still, the most influential person in Hollywood is you. The viewer.

What you listen to, watch, and read has power. Movieguide® wants to give you the resources to empower the good and the beautiful. But we can’t do it alone. We need your support.

You can make a difference with as little as $7. It takes only a moment. If you can, consider supporting our ministry with a monthly gift. Thank you.

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


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