Dalian Wanda would also start co-investing in global blockbusters next year, Wang added.
A Screen Near You
The Chinese conglomerate, which began as a property developer in the northeastern city of Dalian, was also looking to extend the world's biggest motion picture theater network, Wang said.
Following the completion of its acquisitions of London-based Odeon & UCI Cinemas Group and Carmike Cinemas Inc in the United States, Dalian Wanda would control 15 percent of global box office revenues, Wang said, and may reach its goal of controlling 20 percent earlier than its target of 2020.
Wang, who has also bought Swiss sports marketing firm Infront Sports & Media AG and World Triathlon Corp, owner of the "Ironman" franchise, said he was primarily interested in acquiring entertainment and sports companies in the United States and Europe.
"If the target company fits our appetite, there is no upper limit for budgeting," he said.
But he cautioned that too many investors were rushing into the "hot" film market.
"Most of the money invested in China, and even the global film industry, is silly money. Only a little is smart money," he said.
"As China's film industry growth slows to below 20 percent, or even 10 percent, 8 percent this year, some will be washed out. It's like Warren Buffett said, 'you only find out who is swimming naked when the tide goes out'."
IPO Or Backdoor Listing
Separately, Wang said that Dalian Wanda Commercial Properties Co, Wanda's real estate flagship, would re-list on the Shanghai stock exchange either through an initial public offering (IPO) or a backdoor listing.