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Up To Date

AMC Acquired By Chinese Wanda Group

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China-based Dailan Wanda Group Corp. has acquired Kansas City-based AMC Entertainment in a $2.6 billion deal.

Dailan Wanda Group, a private conglomerate whose holdings include commercial real estate, luxury hotels, department stores and cultural businesses owns 86 theaters in China. The Wanda Group plans to invest up to $500 million in AMC.

In the first portion of Monday's Up to Date, guest host Brian Ellison talks with Kansas City Star development reporter Kevin Collison about the purchase, what it means for the future of AMC, and if the company still plans to move to Leawood, KS.

Stephen Steigman is director of Classical KC and chief of broadcast operations for KCUR 89.3 and 91.9 Classical KC. You can email him at stephen@kcur.org.
When I host Up To Date each morning at 9 a.m., my aim is to engage the community in conversations about the Kansas City area’s challenges, hopes and opportunities. I try to ask the questions that listeners want answered about the day’s most pressing issues and provide a place for residents to engage directly with newsmakers. My email is steve@kcur.org.