Wanda Group’s $1B Dick Clark Productions Deal Near Collapse

Read on: Deadline

Dalian Wanda Group’s $1 billion deal to buy Dick Clark Productions is near death’s door. Barring an eleventh-hour change in the company’s thinking, we’re told it’s “highly probable” that the Wanda-DCP deal would be dead as soon as Friday. Once acceptable, the $1 billion price tag may have become high as Wanda faces possible financial issues stemming in part from other big-ticket Hollywood investments, most notably, the $3.5B bid for Legendary Entertainment. The deal also…