With China blocking money from leaving the country, Paramount Pictures has yet to receive the first payment it had expected from a billion-dollar financing deal with partners Shanghai Film Group and Huahua Media, sources say. (THR)
Additionally, Dalian Wanda Group’s $1 billion deal to buy Dick Clark Productions is near death’s door. Barring an eleventh-hour change in the company’s thinking, sources say it’s “highly probable” the Wanda-DCP deal would be dead as soon as Friday. (Deadline)
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