Business

China’s Dalian Wanda Group Gives $20 Million to Film Academy’s Museum

[Los Angeles Times]

Film academy museum
The old May Co. building at LACMA will be converted into the Academy Museum of Motion Pictures for the Academy of Motion Pictures and Arts and Sciences. (Anne Cusack / Los Angeles Times)

The Chinese media conglomerate the Dalian Wanda Group has donated $20 million to the Academy of Motion Picture Arts & Sciences for its film museum. In recognition of the gift — the museum’s second-largest to date — the museum’s film history gallery will now be named the Wanda Gallery.

The Dalian Wanda group owns AMC Theatres, and its head, Wang Jianlin, has said he wants to invest $10 billion in U.S. companies in the next decade.

“The Academy Museum of Motion Pictures is a global cultural institution and the Dalian Wanda Group’s support of the project speaks to the worldwide importance and the appeal of the movies,” said museum campaign chair Bob Iger, chairman and chief executive of the Walt Disney Co. “Their gift to the academy museum is a huge boost to our efforts to design and build the world’s leading movie museum.”

As part of a larger partnership with the Dalian Wanda Group, the academy said in a news release that it would extend its global programming reach and advise the Dalian Wanda Group on film screenings and symposia in China.

READ MORE

Tags
Show More

Related Articles

Back to top button

My News Matters to me - Washington Informer Donations

Be a Part of The Washington Informer Legacy

A donation of your choice empowers our journalists to continue the work to better inform, educate and empower you through technology and resources that you use.

Click Here Today to Support Black Press and be a part of the Legacy!

Subscribe today for free and be the first to have news and information delivered directly to your inbox.

Select list(s) to subscribe to


By submitting this form, you are consenting to receive marketing emails from: Washington Informer Newspaper, 3117 Martin Luther King Jr. Ave SE, Washington, DC, 20032, http://www.washingtoninformer.com. You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact
Close

Adblock Detected

Please consider supporting us by disabling your ad blocker