National Amusements

National Amusements, Inc.
FormerlyNortheast Theater Corporation (1936–1959)
Company typePrivate
IndustryEntertainment
Founded1936; 88 years ago (1936) in Dedham, Massachusetts
FounderMichael Redstone
FateAcquisition by Skydance Media (pending)
Headquarters,
U.S.
Key people
Shari Redstone (chairwoman, president and CEO)
ProductsMovie theaters
OwnerRedstone family
Number of employees
23,900 (2017)
DivisionsShowcase Cinemas
SubsidiariesParamount Global (9.76% of total shares and 77.4% of total voting power)[1]
UCI Cinemas (Brazil)

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]

The company owns 71 theaters and 689 screens 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.[3]

  1. ^ "Inline XBRL Viewer".
  2. ^ U.S. Securities and Exchange Commission (2018-03-26). "U.S. Securities and Exchange Commission EDGAR".
  3. ^ "Paramount Global agrees to merge with Skydance Media".