National Amusements
Company type | Private |
---|---|
Industry | Services - Movie Production, Theatres |
Founded | Dedham, Massachusetts (1936) |
Founder | Michael Redstone |
Headquarters | Dedham, Massachusetts |
Key people | Sumner Redstone, Chairman & CEO Shari Redstone, President |
Products | Showcase Cinemas, Cinema de Lux, CyGamZ, Multiplex Cinemas, and KinoStar |
Subsidiaries | CBS Corporation, Viacom, and Midway Games (through controlling voting interests) |
Website | http://www.national-amusements.com/ |
National Amusements, Inc. is a privately owned media and entertainment company based in Dedham, Massachusetts. The company was founded in 1936 as the Northeast Theatre Corporation by Michael Redstone.
National Amusements is now owned by Michael Redstone's son, Sumner Redstone, who holds 80% of the company, and Sumner's daughter Shari Redstone who owns the remaining 20%. [1] It holds controlling voting interests in CBS Corporation, Viacom, and Midway Games. It is an equal partner in the online ticketing service MovieTickets.com and operates more than 1,500 movie screens across the United States, the United Kingdom, Latin America, and Russia under its Showcase Cinemas, Multiplex Cinemas, Cinema de Lux, and KinoStar brands. It also controls the former Paramount theaters that were disbanded in the 1948 Paramount decision.
Main Competitors
Sources
- ^ "Redstones settle feud over family business" from The Denver Post, February 2007