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Legendary is a film-production company that owns film, television, digital, and comics divisions, and has delivered many of the world's blockbusters, including the Batman trilogy, Inception, The Hangover, Jurassic World, 300: Rise of an Empire, Pacific Rim, and Man of Steel. Legendary's film productions have grossed more than $12 billion worldwide at the box office.
* Dalian Wanda Group Co. Ltd. has acquired Legendary Entertainment for nearly $3.5 billion (around RMB 23 billion) in cash, marking China's largest cross-border cultural acquisition to date. Thomas Tull (pictured) will remain as chairman and CEO of Legendary and will continue to be responsible for its day-to-day operations.
Legendary is a film-production company that owns film, television, digital, and comics divisions, and has delivered many of the world's blockbusters, including the Batman trilogy, Inception, The Hangover, Jurassic World, 300: Rise of an Empire, Pacific Rim, and Man of Steel. Legendary's film productions have grossed more than $12 billion worldwide at the box office. Upcoming releases include Warcraft (shown), based on Blizzard Entertainment's award-winning universe, and The Great Wall, which is set to be the largest film for global distribution shot entirely in China.
Tull said in a statement, "I am honored to be a part of the Wanda family. Together, Wanda and Legendary will create a completely new international entertainment company. There is an ever-growing demand for quality entertainment content worldwide, particularly in China, and we will combine our respective strengths to bring an even better entertainment experience to the world's audiences."
Copyright Boxoffice Media LP Feb 2016