The latest salvo came in a … California became the number one recipient of Chinese FDI in recent years, with more than $16 billion in 2016 alone. It's been fairly successful. The giant Chinese real estate and investment conglomerate, Dalian Wanda Group, acquired Legendary Entertainment – a Hollywood studio run by Thomas Tull that is famous for its blockbuster hits such as Jurassic World, Godzilla and Pacific Rim – for $3.5 billion. Hollywood needs to stay creative to capitalize on this opportunity. A firm called CastleHill Partners, a Beijing-based merchant bank, focused on the media and entertainment industries, has reportedly been part of many recent deals involving Chinese cash and Hollywood production talent. Several Regional Center EB-5 Chinese investments we are currently working on, as well as other significant non-EB-5 projects relating to Chinese investment. In 2016, Chinese investment in the U.S. entertainment industry hit $4.78 billion.This year, investments have shrunk to $489 million as of Sept. 30, according to the research firm Rhodium Group. At the moment, the linkages provided by direct investment and slate financing from Chinese investors are one of the strongest means to doing so. Breaking News. Facing calls for greater scrutiny of his acquisitions, Wang Jianlin said actions to curb Chinese investment could jeopardize the jobs of 20,000 Americans. By 2016, annual flows reached more than $46 billion. Karl West. Subscribe now … The Chinese investor and film marketer says there will be more Hollywood dealmaking to come in 2019. China Buys A Piece Of Hollywood – Content And Studio Included. According to the publication, the North American box office is down three percent this year and is reliant on Chinese capital to get movies made and profits climbing. The latest salvo came in a letter from 16 members of Congress last week, which called for closer scrutiny of Chinese investment in the U.S. entertainment and media sectors. Alibaba Digital Media and Entertainment Group plans to invest more than 50 billion yuan ($7.2 billion) over the next three years. Since Wanda’s landmark acquisition of AMC Entertainment in 2012, a number of Chinese conglomerates have aggressively ramped up their investment in the U.S. film industry. U.S. studios frankly need Chinese access as much as they do Chinese money, and rely on partnerships to distribute in that country, where regulations put sharp restrictions on foreign films. Sat 2 Jul 2016 11.00 EDT. Dominic Ng is Chairman and Chief Executive Officer of East West Bank. Chinese investment helps Hollywood produce for global audience China outbound M&A beats 2015 record with 6 months to spare Fosun-owned Club Med to open Hokkaido resort in 2017 State-Owned Developer Brings Chinese Investment Back to LA. The Government Accountability Office has accepted a request from members of Congress to review the Committee on Foreign Investment in the United States and determine whether its legal powers have kept pace with the influx of international buyers targeting American companies—particularly the fire hose of Chinese investment in Hollywood. Manatt’s Lindsay Conner, co-chair of the firm’s entertainment and media practice and head of the film, television and digital content group, was quoted by The Hollywood Reporter on the future of Chinese investments in Hollywood. ET But as trade frictions persist and capital dries up, the future of Hollywood-China tie-ups is uncertain. China investment into overseas transactions doubled last year to peak at $225 billion, according to data firm Dealogic, which tracks deals across real estate, tech, industry and Hollywood… "The Great Wall" (2017) starring Matt Damon was the biggest Hollywood-China coproduction ever. 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