Hollywood purchase a huge step toward global integration

Dalian Wanda Group Co has vaulted itself into the major leagues by acquiring a heavyweight Hollywood production company.

There have been many smaller-scale projects of cooperation between Chinese and Hollywood companies, but this is a landmark in the tango toward global integration. Wanda and Legendary Entertainment have a mutual fit that can take both to a higher plane of global competitiveness.

The acquisition was first of all a business decision, and should be viewed as such. Any cultural impact would and should be a natural corollary.