China's Wanda eyes stake in Paramount Pictures: report

Chinese conglomerate Wanda is in talks to buy a stake in US film studio Paramount Pictures, according to a report, marking the Asian company's latest move to expand its entertainment empire. Wanda, which in January bought production giant Legendary Entertainment for $3.5 billion, is seeking 49 percent of Paramount from parent company Viacom, the Wall Street Journal quoted "people familiar with the discussions" as saying. The agreement would give Paramount -- which is behind the multi-billion-dol