Dalian Wanda Group
In 2016, Wang launched a direct competition with Disney by declaring that he wants to make sure Shanghai Disneyland Park doesn't make any money in China by launching over a dozen competing amusement parks. In November 2016 Wang's Dalian Wanda Group announced plans to acquire Dick Clark Productions for about , giving it the broadcasting rights to the Golden Globe Awards, the Academy of Country Music Awards, and the New Year countdown celebrations in New York. Wanda already owns Legendary Entertainment, co-producer of films such as "Jurassic World", and U.S. cinema chain AMC Entertainment Holdings.