Buying AMC Entertainment -- the second-largest U.S. theater chain -- for $2.6 billion is just "the first step" of a $10-billion investment in the U.S., which will likely include the purchase of additional theaters, a joint venture in film production, hotels and retail stores, the head of China's Dalian Wanda Group said at a news conference in Los Angeles on Tuesday. Appearing at a news conference with AMC CEO Geraldo I. Lopez and IMAX CEO Richard Gelfond, Wang Jianlin, chairman and president of Wanda, said that he planned to meet with major film executives during his visit. "We're seeking to work with the most famous studios in Hollywood to produce quality films," Wang said in a separate interview with the Los Angeles Times .
What's new in the music world this week?
LCD Soundsystem was released on this day (January 24) in 2005.
Watch three incredible live performances from Discovr.TV.
Don't miss the K-pop titans' return to Europe.
Listen to Alex Bayly performing 'Animal'.
Listen to 'Can't Get You Out of My Mind' now.
Two weeks ahead of Independent Venue Week, Dry Cleaning made 'Britain's Best Small Venue 2015' (NME) the second port of call on their 2020 tour.
For their last gig of the year, The Libertines came back to their adopted hometown of Margate to finish off their latest tour.