Legendary Entertainment, the studio behind the 'Dune' franchise, has purchased Dalian Wanda Group's stake in the company, solidifying Legendary's control.
The deal, financed by Legendary's own funds, marks a significant step for the company, allowing it to expand without any Chinese company involvement.
Legendary's CEO, Josh Grode, emphasized that the buy-out will enhance the company's flexibility when considering mergers or acquisitions.
The acquisition strengthens Legendary's position in the entertainment industry, allowing the company to pursue future growth opportunities independently.
