Golden Globes firm bought by China film giant Dalian Wanda

4th November 2016

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When owning a huge cinema chain is not enough, why not buy the firm behind one of the film and television industry's most high-profile awards as well?

China's richest man has continued his Hollywood shopping spree - snapping up the company that runs the Golden Globes.

Dalian Wanda, run by property magnate Wang Jianlin, is paying $1bn (£800m) for Dick Clark Productions that also runs the Miss America beauty pageant and the Billboard Music Awards.

The Chinese conglomerate already controls the AMC cinema chain, the second largest in the US, as well as Legendary Entertainment , co-producer of hit...