AMC
Founded in 1920 by Maurice, Edward, and Barney Dubinsky, AMC has the largest share of the U.S. theater market ahead of Cineworld and Cinemark Theatres making it the largest movie theater chain not just in the United States but the world. AMC has bought up plenty of other theater chains in its 100 years, amassing 385 theaters with 5,128 screens in six different countries, however, in 2012, it would be AMC’s turn to be taken over.
The chain would be purchased by the Dalian Wanda Group for $2.6 billion as the Chinese businessman Wang Jianlin who runs the group has long had a fascination with Hollywood and is far from new to the game as his group is China’s largest film distributor and as of January 2018, Wanda Cinema has 525 cinemas with 4648 screens across the world.
This wouldn’t be the group’s only foray into Hollywood as in 2016, they would add a studio to their portfolio, more on that on the next page. They would also spend $1.2 billion on acquiring Carmike Cinemas to bolster its presence in the American entertainment industry. They wouldn’t have it entirely their own way.
In the same year they bought Carmike Cinemas and the production company we will be discussing next, they would also try and purchase a large chunk of Paramount Pictures. Paramount’s parent company Viacom, would roundly reject the deal despite the money that was being thrown at them.
10 thoughts on “7 US Companies That Are Chinese Owned”
Wow! GE and Motorola plus Walldorf and AMC are big surprises to me!
Wow! GE — non would bigger as a surprise to me vs losing Motorola, Waldrof, and AMC.
Why is the government so worried about Tiktoc? Seems like China owns or controls a very large portion of American commerce. Its true vey little is made in America with American products.
China is A very Dangerous enemy. The land and Companies owned in the U.S.A. and other countries will amaze you. The have a long term plan. Make no mistake… If the United States does not wake up. Our next war will be fighting Scum China. A pathetic communist Country. Trump is here to stop the attack on The United States by scum China. Thank God The Brain dead Biden family is gone baby gone.
Yikes ! ! ! (Has anyone told the President?)
Yikes ! ! !
How totally disgusting that China owns any of us
Many American & European companies located in Hong Kong, China…are owned by British, Urasians & American companies.
Why the brouhaha about Tic Tok when China already owns Motorola? China can already see what we are communicating. Hear all our conversations and know our financial information including back accounts , bank numbers, when we are in dept of out of debt. We communicate our entire lives on Motorola. Police Departments and Government Agencies.
The country that’s sending Fentanyl to the U.S. to kill us and probably stockpiling on the land they purchased now has a way to put it in our food. How special!