Legendary Entertainment buys out Dalian Wanda's stake in the Hollywood studio

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Legendary Entertainment buys out Dalian Wanda's stake in the Hollywood studio - Channel News Asia

Quick Summary:

:Legendary Entertainment on Monday said it had completed a buyout of Chinese conglomerate Dalian Wanda Group's remaining stake in the movie studio and will be wholly owned by Apollo Global.

Financial details of the deal were not disclosed by Legendary, the studio behind films such as "Dune" and "Godzilla vs.

Following the close of the deal, the company's board will be evenly split between Legendary's management and Apollo.