Wanda Nearing $1 Billion Deal for Dick Clark Productions

Read on: Variety

The Dalian Wanda Group is nearing an agreement to buy Dick Clark Productions in a deal valued at approximately $1 billion, sources tell Variety. Wanda is expected to finalize the sale by the end of the week. The acquisition would mark yet another aggressive move into Hollywood for the Chinese real estate and entertainment conglomerate. DCP... Read more »