COMMUNIST CHINESE TAKING OVER AMERICAN ENTERTAINMENT INDUSTRY

(CNN) -- China's Dalian Wanda Group announced a $2.6 billion deal to take over control of AMC, the U.S. theater giant, forming the world's largest cinema chain, according to a new release on the deal. AMC operates 346 multiplex theaters,in North America, with a total of 5,034 screens. This buyout of Americas largest theatre chain is the latest in a series of deals between U.S. entertainment companies and the communist Chinese. In April, The Walt Disney Company, Marvel Studios and DMG Entertainment  announced a production deal in which "Iron Man 3" will be co-produced in China. That follows the February announcement that a $330 million joint venture between DreamWorks Animation, China Media Capital (CMC) and two other Chinese companies to establish a China-focused family entertainment company, Oriental DreamWorks.
READ ENTIRE ARTICLE