Remember AMC Theatres new owner Wang Jianlin‘s ambitious new plans for an $8.2 billion movie studio complex, reported on here recently by Sir Paul Wilson?
Fifty-eight year-old Wang is China’s richest tycoon. He’s also the dude who quite likely will be pulling the plug on AMC’s headquarters here and moving them to someplace that makes more sense like Hollywood, Wilson prophesied.
Yet while Wang may very well relocate AMC, his ambitious proposal to erect 20 studios, an underwater stage, film museum and neighboring amusement park in China by 2017 is a whole nother matter, skeptics say.
“Film executives who have regular dealings with China, including one who attended the starry groundbreaking, were more cautious in their assessments,” The Reporter reports.
“It’s a coming out party for (Wang),” another insider is quoted. “(He) wanted to make a statement, but his plans are very ambitious.”
“The Chinese are famous for wildly exaggerating what they are going to do,” said the source. ”
As for the Hollywood A list stars – like Leonardo DiCaprio, Nicole Kidman, and Ewan McGregor – who skipped the Emmy Awards to attended Wang’s grand announcement, some of them were paid, The Reporter says.
And when you get right down to it, losing the AMC HQ here sometime in the next three years is really not that big a deal, Wilson says.
“I think it’s a shame when you lose a corporate name like AMC, but that’s only a loss of about 300 to 500 jobs,” he says. “I mean, Sprint’s laid off more people than that in a single quarter. Many times in a single quarter.”