The amount of money that China's Wanda Group has socked away to put into acquisitions and...

|By:, SA News Editor

The amount of money that China's Wanda Group has socked away to put into acquisitions and investments in the entertainment business certainly isn't anything to sneeze at with reports out that the number could run as high as $30B. Wanda's Chairman is currently in L.A. meeting with execs from five major movie companies. The likely suspects: DIS, CMCSA, TWX, VIAB, LGF. (Previous: Wanda Group looks for theater chains to buy)