Shrinking U.S. Film Business Looks Good to China’s Wang

What comes next for China’s ambitious Dalian Wanda Group, one of the country’s largest entertainment and commercial real estate companies? Fresh on the heels of its September $2.6 billion acquisition of AMC Entertainment, the Beijing-based private company plans to buy a British business early next year (more details to come on whether it will be […]

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‘Gangnam Style’ Tells Economic Truth of Our Day

It isn’t every day that the finance minister of a major nation mentions a rap star when talking up his economy. But then South Korea (KOSPI) isn’t your average economy and Psy isn’t your usual entertainer. Bahk Jae Wan did that in an Oct. 9 interview. South Korea’s top economic official cited the singer of the global smash hit […]

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