National Amusements

From Wikipedia, the free encyclopedia

National Amusements, Inc.
Type	Private
Founded	Dedham, Massachusetts, USA (1936)
Founder	Michael Redstone
Headquarters	Dedham, Massachusetts, USA
Key people	Sumner Redstone, Chairman and CEO Shari Redstone, President
Industry	Services - Movie Production, Theatres
Products	Showcase Cinemas, Cinema de Lux, CyGamZ, Multiplex Cinemas, and KinoStar
Subsidiaries	CBS Corporation, Viacom, and Midway Games (through controlling voting interests)
Website	www.national-amusements.com

National Amusements, Inc. is a privately owned media and entertainment company based in Dedham, Massachusetts, USA. 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]

The company 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.

National Amusements holds controlling voting interests in CBS Corporation, Viacom, (which includes MTV Networks, BET, and movie production and distribution Paramount Pictures and DreamWorks movie studios), and Midway Games, and is equal partners in MovieTickets.com.

[edit] Main competitors

The Cinema De Lux in White Plains, New York's City Center includes a waiting area with a TV, newspaper rack and sofas (left), a piano (center), and a bar & grill restaurant (not pictured).