Wanda Group theme parks
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Wanda are looking to expand further into film production

Dalian Wanda already owns Legendary Entertainment and AMC’s cinema chain.
Chinese property-to-entertainment conglomerate Dalian Wanda is in talks to buy a controlling stake in Dick Clark Productions, the company that runs the Golden Globe awards and Miss America pageants, as it expands a growing Hollywood portfolio.

Run by China’s richest man, Wang Jianlin, Wanda already owns Legendary Entertainment, co-producer of film hits such as “Jurassic World” – which was the biggest U.S.-China movie deal when it was sealed in January. It also owns U.S. cinema chain AMC Entertainment Holdings.

Revenue from Wanda‘s cultural division, which also includes its growing tourism business, theme parks and sports, is expected to grow at least 30% this year, potentially reaching 70 billion yuan ($10.5 billion), according to Wang.

Source: http://fortune.com/2016/09/27/china-wanda-dick-clark-productions/

Hefei Wanda City, about 500 kilometers (311 miles) west of the $5.5 billion Shanghai Disney Resort, will open to the public on Saturday. Besides theme park facilities, the 35 billion yuan ($5.2 billion) development will include hotels, a movie theater, a shopping mall and residential apartments across 160 hectares (1.6 square kilometers), according to Wanda.

Wang is planning more Wanda City projects in cities such as Harbin, Guangzhou and Wuxi. Wanda said Friday Chongqing Wanda City, which will cost about 55 billion yuan to build, has started construction and will probably attract 20 million visitors annually after it’s completed by 2020. He also aims to open five of the projects overseas by the end of the decade.

Behind the wave of theme parks is China’s growing middle class, which is fueling demand for leisure activities. There are about 300 parks in operation already in China with scores more on the way, according to Macquarie Group Ltd. estimates in January. The government predicts the nation’s $610 billion tourism industry will double over five years.

Source: http://www.bloomberg.com/news/articles/2016-09-22/two-wolves-vs-one-tiger-wanda-to-open-china-park-to-duel-disney

Wanda will be a major force in the Chinese industry for years. I fail to see how any Wanda park is a Disney rip off at all. All 3 that have opened so far are incredibly diverse with a very good standard of ride.

The Wanda Movie Park in Wuhan is certainly not representative of their theme park aspirations and Xishuangbanna, Hefei and Nanchang are all excellent parks. The CO may be full of hot air about Disney and Universal but Wanda is here to stay.

Wanda will build the 9 billion theme park in Jinan.

Source: http://variety.com/2016/biz/asia/wanda-to-build-9-billion-theme-park-1201845367/

Wanda, with its Disney and Universal rip-off theme parks, will have no future in the industry.

Wuhan movie park already closed. No visitors.

Now, it looks like Jianlin’s Dalian Wanda Group may have some crow to eat. Wanda said this week that its indoor movie theme park in the central Chinese city of Wuhan — which it opened in late 2014 with great fanfare — has been closed for “upgrades and renovations.”

In a brief statement, the company said the facility was closing as of July 31. No reopening date was given.

When the theme park opened, the company said it expected 3 million visitors in the first year. But the Chutian Metropolis Daily, a local newspaper, quoted a former Wanda employee as saying it was only attracting about 200 people per day. Four hundred people came on Sunday, the paper said.

Source:
http://www.latimes.com/world/asia/la-fi-wanda-wuhan-park-20160802-snap-story.html

Update on construction progress for Wanda City Hefei.

With only little more than a month until opening day Wanda City in Hefei, China has been testing its rides and applying the finishing touches to the park.

Source: http://www.vhcoasters.com/?p=5388

Wanda City Harbin, China has built an Inverted coaster with a new track system, A mirror image of the Nanchang ride.

Source: https://twitter.com/VHCoasters/status/755118532954906624

Viacom may be selling its Paramount Pictures stake to Dailan Wanda Group. I wonder what affect that would have on the plans for Paramount-branded theme parks…

China’s Dalian Wanda Group Co. is in talks with Viacom about buying 49% of the studio, according to people familiar with the discussions.

Source: http://www.wsj.com/articles/viacom-in-talks-to-sell-paramount-pictures-stake-to-chinese-group-1468443467

Originally Posted by jaiikaii

That story very quickly evolved to say it won't be a Disney park. The most recent speculation was that it was going to be a 5.5 billion (Australian Dollar) Theme park and resort based on Jurassic World. About a week late Wanda bought the company that owns the rights to the Jurassic park franchise so if it goes ahead I think the Jurassic World is going to be far more feasible than a Disney Park. Disney would hate him after all his public attacks on them for sure.

http://www.afr.com/lifestyle/arts-and-entertainment/film-and-tv/could-chinas-dalian-wanda-bring-jurassic-park-to-australia-20160105-gm02x6

Originally Posted by MICHAELRG

What's the deal with this article? As far as I'm aware, Wanda Group and Disney are competitors…

Source: http://www.travelandleisure.com/trip-ideas/disney-vacations/disney-park-australia

That story very quickly evolved to say it won't be a Disney park. The most recent speculation was that it was going to be a 5.5 billion (Australian Dollar) Theme park and resort based on Jurassic World. About a week late Wanda bought the company that owns the rights to the Jurassic park franchise so if it goes ahead I think the Jurassic World is going to be far more feasible than a Disney Park. Disney would hate him after all his public attacks on them for sure.