Acquiring the group is part of Wanda Chairman Wang Jianlin’s stated goal
of owning 20% of the world’s movie screens. He believes that will give
his company significant negotiating power in discussions with the
world’s leading film distributors, most notably the six Hollywood
majors. Prior to the Nordic deal, Wanda controlled some 12% of global
screens through AMC and its separately listed Wanda Cinema line, which
has cinemas in China and also owns Australia’s No. 2 operator, Hoyts
group.
http://variety.com/2017/film/finance/wanda-expands-global-theater-reach-as-amc-pays-929-million-for-nordic-cinema-1201966877/
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