Group in talks to buy lions gate stake

Dalian Wanda Group Co, which controls the second-biggest United States cinema chain, is in talks to acquire a stake in film studio Lions Gate Entertainment Corp, Chairman Wang Jianlin has revealed.

The company is interested in taking control of Lions Gate, the $4.7 billion studio behind The Hunger Games films, although its owners have only been willing to sell it a minority stake. Talks are at an early stage and may not lead to a deal, Wang said.

Wanda has also held discussions about investing in Metro-Goldwyn-Mayer Inc, the independent producer of the James Bond films.