National Amusements
American movie theater chain / From Wikipedia, the free encyclopedia
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National Amusements, Inc. is an American privately owned movie theater operator and mass media holding company incorporated in Maryland and based in Norwood, Massachusetts.[2]
Formerly | Northeast Theater Corporation (1936–1959) |
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Company type | Private |
Industry | Entertainment |
Founded | 1936; 88 years ago (1936) in Dedham, Massachusetts |
Founder | Michael Redstone |
Headquarters | , U.S. |
Key people | Shari Redstone (Chairwoman, president and CEO) |
Products | Movie theaters |
Owner | Redstone family (sale to Skydance Investor Group pending) |
Number of employees | 23,900 (2017) |
Divisions | Showcase Cinemas |
Subsidiaries | Paramount Global (9.76% of total shares and 77.4% of total voting power)[1] UCI Cinemas (Brazil) |
The company owns more than 1,500 cinema theaters throughout the United States, the United Kingdom, and Latin America under several brands, such as Showcase Cinemas, Multiplex Cinemas, and Cinema de Lux. It is the controlling shareholder of Paramount Global.
National Amusements was founded by Michael Redstone, and later passed to his son Sumner Redstone. After his 2020 death, the company was passed to a trust led by his daughter Shari Redstone. After nearly 90 years of control by the Redstone family, in July 2024, David Ellison's Skydance Media announced its intent to acquire National Amusements and perform an all-stock merger between it and Paramount Global.