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Chinese Film Company Donates $20 Million to Movie Museum

Chinese Film Company Donates $20 Million to Movie Museum

LOS ANGELES â€" The Chinese film company Dalian Wanda Group has kept a low profile since acquiring AMC Entertainment last year for about $2.6 billion, but no more.

On Tuesday, the Academy of Motion Picture Arts and Sciences said Wanda had donated $20 million toward the Academy’s campaign to build a motion picture museum here. The gift is the second largest to date, behind a $25 million commitment from David Geffen.

In recognition of the gift, the academy said it would name the museum’s planned film history gallery for Wanda, which became a player in the North American market through the AMC purchase.

“Our relationship with the Academy is an important part of our role in the global motion picture industry,” Jianlin Wang, Wanda’s chairman, said in a statement.

The academy has said it hopes to raise $300 million to finance the museum, which is scheduled to open in 2017.