Hearne: Hollywood Questions AMC Owner’s $8 Billion Pipe Dream

Nicole-nicole-kidman-750568_1520_1920This just in from The Hollywood Reporter

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.”

©Stefen Chow

Wang: Adios KC

“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.”

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6 Responses to Hearne: Hollywood Questions AMC Owner’s $8 Billion Pipe Dream

  1. the dude says:

    Wah, wah, wahhhhhhhh.
    No surprise here, just business after an acquisition.

  2. Brandon says:

    As the globalization ensues…..

    Getting real tired of all these ‘merican corporations selling out to the Chinese and other multi-nationals. Yet they advertise as being all patriotic and shit. Please. The big corporate conglomeration will suck up any sort of venture. In fact, menial jobs will be non-existent in the next twenty years thanks to automation. Statehood is now dissolving. We’re in the beginning stages of a corporate takeover. Not being the alarmist, either. You know what they call corporate control of government? Starts with a F.

  3. harley says:

    after stan died…amc died.
    stan was a very cool guy…with a vision and a great ability
    to think years ahead of his competitors.
    glad he came from kc…because for years he led some of the
    biggest public projects in the city.
    however….don’t fret….if this city finally gets it’s
    shit together they can produce 500,000 jobs in 4
    Weblew it with those b.s. themes for this town..
    we can build and they will come.
    But with brownback and the losers running the 2 states
    and the startelines fighting each other…we’ll just be
    another slow…agonizing stop over /cross over town
    for the nation.

    • the dude says:

      Harlinator, I officially nominate you as Toy Train Czar of KC.
      Go forth and make sure nothing happens so we don’t have to fight lame streetcars.

  4. paulwilsonkc says:

    Wow, pathetic story. Anything where you have to resort to turning to that loser Wilsun for a quote, we’ll, I stopped reading right there. I like my news in my face with bullet force, not flaccid and soft in the middle. I have to go find my pot to pee in and a window to throw it out of.
    Last time I read KCC.

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