Dalian Wanda looks to expand its entertainment empire through a potential $1 billion deal for control of Dick Clark Productions, the company that stages the Golden Globes and American Music Awards
If completed, the deal to acquire control of Dick Clark Productions would mark Wanda's biggest foray into the American television business and add to a stable of companies that include the theater chain AMC Entertainment and the film producer Legendary Entertainment. According to insiders, nothing has been finalized, and disagreement remains over the valuation.
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