Propaganda GEM : China's Wanda Cinema Acquires Propaganda GEM and Hoolai Games

Wanda Cinema Line Co. has acquired Hollywood entertainment marketing agency Propaganda GEM and Chinese gaming distribution company Hoolai Games, reported Variety. The two deals were announced by Wanda at a news conference Friday in Beijing. Terms of the deals were not disclosed. The move comes a day after Wanda Cinema Line, the theatrical exhibition arm of Chinese property development giant Dalian Wanda, disclosed that it [...]