Legendary Entertainment Group
The American film production and mass media company Legendary has produced 53 feature films in it’s lifetime, many of which we are very familiar with. From Christopher Nolan’s epic and critically acclaimed Batman trilogy to the continuation of the Jurassic Park franchise, with just those 5 movies netting them almost $4 billion in box office ticket sales.
It would come as no surprise then that many investors would wish to get a piece of the action not just on the screen but off it. On January 11, 2016, such an investor would come knocking and it would be the Dalian Wanda Group and its Hollywood fan Wang Jianlin once again.
Having already shelled out $2.6 billion for the movie theater chain AMC just four years earlier, the Chinese group would spend an astonishing $3.5 billion to buy Legendary, this acquisition would make it the largest of an American media company by a Chinese firm.
In 2017, and onto their third CEO in just one year, Wanda chairman Jianlin would announce that Legendary would “actively respond to the call of the country”. It’s widely believed that this turn towards the Chinese domestic market was a direct result of the Chinese Communist Party refused to allow Chinese banks to give loans to the Wanda Group to fund any offshore projects.
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!