CMC’s Li Ruigang Warns Chinese In Hollywood: Don’t Be “Dumb Money” – INTV

China Media Capital Chairman Li Ruigang, a man Jeffrey Katzenberg has called a “visionary,” today warned his compatriots who are eyeing investments in Hollywood to “be smart money, not dumb money.” Li, whose company includes stakes in Imagine Entertainment, NextVR, Broadway Global Ventures, Oriental Dreamworks and IMAX China, was talking about the so-called Chinese invasion of Hollywood. But he said today at the INTV conference in Jerusalem that he does not believe it…