Last quote by Wang Jianlin
Wang Jianlin quotes
Compared to the past 44 presidents is he better? Can a businessman be better than a career politician? We have to give him a chance.
This is a learning process. We are newcomers to this business, and there are no reference points. Wanda is absolutely on its own, so we're making changes as we go along. This is the price of entry. We haven't seen a big real estate company successful transform into a services or culture enterprise.
Shanghai Media Group must really regret that they gave up such a good company that would have cost so little.
If we buy one of the Big Six (movie studios), for $5 or $8 billion, and lose it all, Wanda wouldn't go bankrupt. Without boldness, there will be no success.
The speed, particularly in these 3 or 4 years, has been beyond my expectation. It hadn't crossed my mind that consumer demand for entertainment, sports and tourism could be as strong even as China's economy slows.
We still haven't seen a real craze here or a generation blindly following Mickey Mouse or Donald Duck.
To balance the books, (Disney) has to charge high prices, which will put some customers off. On top of this China already has Wanda - they really ought not to have come to China at all.
As far as the opening of the Disney Shanghai park goes, I'm sure that we will win out.
Total revenue is forecast to rise another 25 percent this year.
Wanda will help Legendary increase its market opportunities, especially in the fast-growing China market.