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Saudi Arabia's sovereign wealth fund, PIF, is exploring the acquisition of up to a $700 million stake in Legendary Entertainment, the U.S. movie studio behind films such as "Jurassic World" and "Interstellar," according to people familiar with the matter.A critic of Saudi ruler Crown Prince Mohammad bin Salman, Khashoggi was killed in Saudi Arabia's Istanbul consulate on Oct. 2 .Some Hollywood actors have already distanced themselves from Saudi Arabia.PIF's overtures to Hollywood, the world's filmmaking capital, come as Saudi Arabia has been seeking to open up to foreign films, as part of ambitious economic and social reforms pushed by Crown Prince Mohammad. Following the lifting of a ban on movie theaters last year, PIF signed deals with cinema operators such as AMC Entertainment Holdings (AMC.N), in which Wanda is also an investor, to build theaters in Saudi Arabia.
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