National Amusements, Inc. is a privately owned theatre company based in Dedham, Massachusetts

Dedham, Massachusetts

Dedham is a town in and the county seat of Norfolk County, Massachusetts, United States. The population was 24,729 at the 2010 census. It is located on Boston's southwest border. On the northwest it is bordered by Needham, on the southwest by Westwood and on the southeast by...

, USA. The company was founded in 1936 as the Northeast Theatre Corporation by Michael Redstone

Michael Redstone

Michael Redstone, born Michael Rothstein, was the founder of the Northeast Theater Corporation which has become National Amusements, Inc., which owns CBS Corporation, Viacom, music networks MTV Networks, and BET, with movie production and distribution Paramount Pictures and DreamWorks movie...

.

National Amusements is now owned by Michael Redstone's son, Sumner Redstone

Sumner Redstone

Sumner Murray Redstone is an American media magnate. He is the majority owner and Chairman of the Board of the National Amusements theater chain...

, who holds 80% of the company, and Sumner's daughter, Shari Redstone

Shari Redstone

Shari Ellin Redstone is an American businesswoman. She is the president of National Amusements, vice-chairman of CBS Corporation and Viacom, and on December 21, 2007 became chairman of Midway Games...

, who owns the remaining 20%. Through National Amusements, the Redstones control both the CBS Corporation

CBS Corporation

CBS Corporation is an American media conglomerate focused on commercial broadcasting, publishing, billboards and television production, with most of its operations in the United States. The President and CEO of the company is Leslie Moonves. Sumner Redstone, owner of National Amusements, is CBS's...

 and Viacom

Viacom

Viacom Inc. , short for "Video & Audio Communications", is an American media conglomerate with interests primarily in, but not limited to, cinema and cable television...

 through supervoting shares.

The company operates more than 1,500 movie screens across the United States

United States

The United States of America is a federal constitutional republic comprising fifty states and a federal district...

, the United Kingdom

United Kingdom

The United Kingdom of Great Britain and Northern IrelandIn the United Kingdom and Dependencies, other languages have been officially recognised as legitimate autochthonous languages under the European Charter for Regional or Minority Languages...

, Latin America

Latin America

Latin America is a region of the Americas where Romance languages  – particularly Spanish and Portuguese, and variably French – are primarily spoken. Latin America has an area of approximately 21,069,500 km² , almost 3.9% of the Earth's surface or 14.1% of its land surface area...

, and Russia

Russia

Russia or , officially known as both Russia and the Russian Federation , is a country in northern Eurasia. It is a federal semi-presidential republic, comprising 83 federal subjects...

 under its Showcase Cinemas

Showcase Cinemas

Showcase Cinemas is a movie theater chain owned and operated by National Amusements. Operating more than 1,354 indoor screens in the United States, United Kingdom and Latin America.-USA:* Connecticut* Massachusetts* Ohio* New Jersey* Rhode Island...

, Multiplex Cinemas, Cinema de Lux

Cinema de Lux

Cinema de Lux is a chain of cinemas in the United States and the United Kingdom, owned by Showcase Cinemas, which in turn is owned by National Amusements. Cinema de Lux aims to be more upmarket and luxurious than Showcase.-History:...

, and KinoStar brands.

National Amusements is equal partners in MovieTickets.com

MovieTickets.com

MovieTickets.com is an online movie ticketing website originally founded by AMC Theaters and Hollywood.com and formed in the year 2000. It is currently a joint venture between AMC Entertainment, Hollywood Media Corp, National Amusements, Cineplex Entertainment, Marcus Theatres, Viacom and Time Warner...

.

Financial troubles

At the end of 2008, Redstone financial troubles started when the Billionaire Sumner Redstone had to dump $400 million of nonvoting shares.

It was released that National Amusement planned to sell $390 Million of notes in another attempt to refinance a large part of the companies bank owed debt.

Sale of theaters

In October 2009, the news was released that National Amusement would be selling almost $1 Billion of stock they own in CBS and Viacom. National Amusements has sold 35 theaters to Rave Motion Pictures

Rave Motion Pictures

Rave Cinemas, formerly known as "Rave Motion Pictures," often called Rave and owned by Rave Cinemas, LLC, is a movie theater brand founded in 1999. It is formerly headed by Thomas W. Stephenson, Jr., former CEO of Hollywood Theaters, and currently headed by Rolando B. Rodriguez, former Vice...

.

This change went into effect January 10, 2010 according to management in Toledo, OH.

Theaters sold to Rave

Theater locations included in the sale are:

Name	City	State	Screens
The Bridge	Los Angeles, CA Los Ángeles Los Ángeles is the capital of the province of Biobío, in the commune of the same name, in Region VIII , in the center-south of Chile. It is located between the Laja and Biobío rivers. The population is 123,445 inhabitants...	CA California California is a state located on the West Coast of the United States. It is by far the most populous U.S. state, and the third-largest by land area...	18
Cinema De Lux Buckland Hills 18	Manchester, CT Manchester, Connecticut Manchester is a township and city in Hartford County, Connecticut, United States. As of the 2010 census, the town had a total population of 58,241.- History :...	CT Connecticut Connecticut is a state in the New England region of the northeastern United States. It is bordered by Rhode Island to the east, Massachusetts to the north, and the state of New York to the west and the south .Connecticut is named for the Connecticut River, the major U.S. river that approximately...	18
Cinema De Lux Connecticut Post 14	Milford, CT Milford, Connecticut Milford is a coastal city in southwestern New Haven County, Connecticut, United States, located between Bridgeport and New Haven. The population was 52,759 at the 2010 census...	CT Connecticut Connecticut is a state in the New England region of the northeastern United States. It is bordered by Rhode Island to the east, Massachusetts to the north, and the state of New York to the west and the south .Connecticut is named for the Connecticut River, the major U.S. river that approximately...	14
Showcase North Haven 12	North Haven, CT North Haven, Connecticut North Haven is a town in New Haven County, Connecticut on the outskirts of New Haven, Connecticut.North Haven is less than ten miles from downtown New Haven and Yale University. It is near Sleeping Giant State Park and home the Quinnipiac University School of Health Sciences, the School of Nursing,...	CT Connecticut Connecticut is a state in the New England region of the northeastern United States. It is bordered by Rhode Island to the east, Massachusetts to the north, and the state of New York to the west and the south .Connecticut is named for the Connecticut River, the major U.S. river that approximately...	12
Enfield 12	Enfield, CT Enfield, Connecticut Enfield is a town located in Hartford County, Connecticut, United States. The population was 45,212 at the 2000 census. It sits on the border with Longmeadow, Massachusetts and East Longmeadow, Massachusetts to the north, Somers to the east, East Windsor and Ellington to the south, and the...	CT Connecticut Connecticut is a state in the New England region of the northeastern United States. It is bordered by Rhode Island to the east, Massachusetts to the north, and the state of New York to the west and the south .Connecticut is named for the Connecticut River, the major U.S. river that approximately...	12
Showcase Berlin 12	Kensington, CT Kensington, Connecticut Kensington is a census-designated place and section of the town of Berlin in Hartford County, Connecticut, United States. The Berlin town offices are located in Kensington...	CT Connecticut Connecticut is a state in the New England region of the northeastern United States. It is bordered by Rhode Island to the east, Massachusetts to the north, and the state of New York to the west and the south .Connecticut is named for the Connecticut River, the major U.S. river that approximately...	12
Showcase Southington 12	Southington, CT Southington, Connecticut Southington is a town in Hartford County, Connecticut, United States. It is part of Connecticut's 1st congressional district. It is situated about 20 miles southwest of Hartford, about 80 miles northeast of New York City, 105 miles southwest of Boston and 77 miles west of Providence...	CT Connecticut Connecticut is a state in the New England region of the northeastern United States. It is bordered by Rhode Island to the east, Massachusetts to the north, and the state of New York to the west and the south .Connecticut is named for the Connecticut River, the major U.S. river that approximately...	12
Showcase Davenport 53 18	Davenport, IA Davenport, Iowa Davenport is a city located along the Mississippi River in Scott County, Iowa, United States. Davenport is the county seat of and largest city in Scott County. Davenport was founded on May 14, 1836 by Antoine LeClaire and was named for his friend, George Davenport, a colonel during the Black Hawk...	IA Iowa Iowa is a state located in the Midwestern United States, an area often referred to as the "American Heartland". It derives its name from the Ioway people, one of the many American Indian tribes that occupied the state at the time of European exploration. Iowa was a part of the French colony of New...	18
Cinema De Lux Stonybrook 20 + IMAX	Louisville, KY Louisville, Kentucky Louisville is the largest city in the U.S. state of Kentucky, and the county seat of Jefferson County. Since 2003, the city's borders have been coterminous with those of the county because of a city-county merger. The city's population at the 2010 census was 741,096...	KY Kentucky The Commonwealth of Kentucky is a state located in the East Central United States of America. As classified by the United States Census Bureau, Kentucky is a Southern state, more specifically in the East South Central region. Kentucky is one of four U.S. states constituted as a commonwealth...	20
Cinema De Lux Preston Crossings 16	Okolona, KY	KY Kentucky The Commonwealth of Kentucky is a state located in the East Central United States of America. As classified by the United States Census Bureau, Kentucky is a Southern state, more specifically in the East South Central region. Kentucky is one of four U.S. states constituted as a commonwealth...	16
Cinema De Lux Florence 14	Florence, KY Florence, Kentucky Florence is a city in Boone County, Kentucky, United States. The population was 29,951 at the 2010 census.-History:The Florence area was originally known as Crossroads, because of the convergence of several roads from Burlington and Union at Ridge Road...	KY Kentucky The Commonwealth of Kentucky is a state located in the East Central United States of America. As classified by the United States Census Bureau, Kentucky is a Southern state, more specifically in the East South Central region. Kentucky is one of four U.S. states constituted as a commonwealth...	14
Showcase West Springfield 15	West Springfield, MA West Springfield, Massachusetts The Town of West Springfield is a city in Hampden County, Massachusetts, United States. It is part of the Springfield, Massachusetts Metropolitan Statistical Area. The population was 28,391 at the 2010 census...	MA Massachusetts The Commonwealth of Massachusetts is a state in the New England region of the northeastern United States of America. It is bordered by Rhode Island and Connecticut to the south, New York to the west, and Vermont and New Hampshire to the north; at its east lies the Atlantic Ocean. As of the 2010...	15
Showcase Eastfield Mall 16	Springfield, MA Springfield, Massachusetts Springfield is the most populous city in Western New England, and the seat of Hampden County, Massachusetts, United States. Springfield sits on the eastern bank of the Connecticut River near its confluence with three rivers; the western Westfield River, the eastern Chicopee River, and the eastern...	MA Massachusetts The Commonwealth of Massachusetts is a state in the New England region of the northeastern United States of America. It is bordered by Rhode Island and Connecticut to the south, New York to the west, and Vermont and New Hampshire to the north; at its east lies the Atlantic Ocean. As of the 2010...	16
Showcase Ann Arbor 20	Ypsilanti, MI Ypsilanti, Michigan Ypsilanti is a city in Washtenaw County in the U.S. state of Michigan. As of the 2000 census, the city population was 22,362. The city is bounded to the north by the Charter Township of Superior and on the west, south, and east by the Charter Township of Ypsilanti...	MI Michigan Michigan is a U.S. state located in the Great Lakes Region of the United States of America. The name Michigan is the French form of the Ojibwa word mishigamaa, meaning "large water" or "large lake"....	20
Showcase Flint West 14	Flint, MI Flint, Michigan Flint is a city in the U.S. state of Michigan and is located along the Flint River, northwest of Detroit. The U.S. Census Bureau reports the 2010 population to be placed at 102,434, making Flint the seventh largest city in Michigan. It is the county seat of Genesee County which lies in the...	MI Michigan Michigan is a U.S. state located in the Great Lakes Region of the United States of America. The name Michigan is the French form of the Ojibwa word mishigamaa, meaning "large water" or "large lake"....	14
Showcase at the Ritz Center 16	Voorhees, NJ	NJ New Jersey New Jersey is a state in the Northeastern and Middle Atlantic regions of the United States. , its population was 8,791,894. It is bordered on the north and east by the state of New York, on the southeast and south by the Atlantic Ocean, on the west by Pennsylvania and on the southwest by Delaware...	16
Multiplex Hazlet 12	Hazlet, NJ Hazlet, New Jersey Hazlet Township is a township in Monmouth County, New Jersey, United States. As of the 2010 United States Census, the township population was 20,334....	NJ New Jersey New Jersey is a state in the Northeastern and Middle Atlantic regions of the United States. , its population was 8,791,894. It is bordered on the north and east by the state of New York, on the southeast and south by the Atlantic Ocean, on the west by Pennsylvania and on the southwest by Delaware...	12
Cinema De Lux Franklin Park 16	Toledo, OH Toledo, Ohio Toledo is the fourth most populous city in the U.S. state of Ohio and is the county seat of Lucas County. Toledo is in northwest Ohio, on the western end of Lake Erie, and borders the State of Michigan...	OH Ohio Ohio is a Midwestern state in the United States. The 34th largest state by area in the U.S.,it is the 7th‑most populous with over 11.5 million residents, containing several major American cities and seven metropolitan areas with populations of 500,000 or more.The state's capital is Columbus...	16
Cinema De Lux The Greene 14	Beavercreek, OH Beavercreek, Ohio Beavercreek is the largest city in Greene County, Ohio, United States, and is the second largest suburb of Dayton behind Kettering. The population was 45,193 at the 2010 census. It is part of the Dayton Metropolitan Statistical Area...	OH Ohio Ohio is a Midwestern state in the United States. The 34th largest state by area in the U.S.,it is the 7th‑most populous with over 11.5 million residents, containing several major American cities and seven metropolitan areas with populations of 500,000 or more.The state's capital is Columbus...	14
Showcase Milford 16	Milford, OH Milford, Ohio Milford is a city in Clermont and Hamilton counties in the U.S. state of Ohio, along the Little Miami River in the southwestern part of the state. It is a part of Greater Cincinnati. Milford, an abbreviated form of mill ford, was so named because it was the first safe ford across the Little Miami...	OH Ohio Ohio is a Midwestern state in the United States. The 34th largest state by area in the U.S.,it is the 7th‑most populous with over 11.5 million residents, containing several major American cities and seven metropolitan areas with populations of 500,000 or more.The state's capital is Columbus...	16
Showcase Dayton South 16	West Carrollton, OH West Carrollton, Ohio West Carrollton is a city in Montgomery County, Ohio, United States. The population was 13,143 at the 2010 census. It is part of the Dayton Metropolitan Statistical Area....	OH Ohio Ohio is a Midwestern state in the United States. The 34th largest state by area in the U.S.,it is the 7th‑most populous with over 11.5 million residents, containing several major American cities and seven metropolitan areas with populations of 500,000 or more.The state's capital is Columbus...	16
Cinema De Lux Maumee 18	Maumee, OH Maumee, Ohio Maumee is a city in Lucas County, Ohio, United States. It is a suburb of Toledo along the Maumee River. The population was 14,286 at the 2010 census. Maumee was also declared an All-America City by the National Civic League in June 2006.-Geography:...	OH Ohio Ohio is a Midwestern state in the United States. The 34th largest state by area in the U.S.,it is the 7th‑most populous with over 11.5 million residents, containing several major American cities and seven metropolitan areas with populations of 500,000 or more.The state's capital is Columbus...	18
Showcase Huber Heights 16	Huber Heights, OH Huber Heights, Ohio Huber Heights is a city in Montgomery, Miami, and Greene Counties in the U.S. state of Ohio. Huber Heights's motto is "America's largest community of brick homes." The city is named for Charles Huber, the developer who constructed a number of the houses that would later comprise the city. Suburban...	OH Ohio Ohio is a Midwestern state in the United States. The 34th largest state by area in the U.S.,it is the 7th‑most populous with over 11.5 million residents, containing several major American cities and seven metropolitan areas with populations of 500,000 or more.The state's capital is Columbus...	16
Showcase Western Hills 14	Cincinnati, OH	OH Ohio Ohio is a Midwestern state in the United States. The 34th largest state by area in the U.S.,it is the 7th‑most populous with over 11.5 million residents, containing several major American cities and seven metropolitan areas with populations of 500,000 or more.The state's capital is Columbus...	14
Showcase Levis Commons 12	Perrysburg, OH Perrysburg, Ohio As of the census of 2000, there were 16,945 people, 6,592 households, and 4,561 families residing in the city. The population density was 1,899.2 people per square mile . There were 6,964 housing units at an average density of 780.5 per square mile...	OH Ohio Ohio is a Midwestern state in the United States. The 34th largest state by area in the U.S.,it is the 7th‑most populous with over 11.5 million residents, containing several major American cities and seven metropolitan areas with populations of 500,000 or more.The state's capital is Columbus...	12
Showcase Kings Island 12	Mason, OH Mason, Ohio Mason is an affluent city in southwestern Warren County, Ohio, United States, 22 miles away from Cincinnati . As of the 2010 census, Mason's population was 30,712. Mason has experienced fast growth, with its historic Main Street remaining at the center of the community...	OH Ohio Ohio is a Midwestern state in the United States. The 34th largest state by area in the U.S.,it is the 7th‑most populous with over 11.5 million residents, containing several major American cities and seven metropolitan areas with populations of 500,000 or more.The state's capital is Columbus...	12
Showcase Fallen Timbers 14	Maumee, OH Maumee, Ohio Maumee is a city in Lucas County, Ohio, United States. It is a suburb of Toledo along the Maumee River. The population was 14,286 at the 2010 census. Maumee was also declared an All-America City by the National Civic League in June 2006.-Geography:...	OH Ohio Ohio is a Midwestern state in the United States. The 34th largest state by area in the U.S.,it is the 7th‑most populous with over 11.5 million residents, containing several major American cities and seven metropolitan areas with populations of 500,000 or more.The state's capital is Columbus...	14
The Bridge 6	Philadelphia, PA	PA Pennsylvania The Commonwealth of Pennsylvania is a U.S. state that is located in the Northeastern and Mid-Atlantic regions of the United States. The state borders Delaware and Maryland to the south, West Virginia to the southwest, Ohio to the west, New York and Ontario, Canada, to the north, and New Jersey to...	6
Showcase Pittsburgh North 11	Pittsburgh, PA	PA Pennsylvania The Commonwealth of Pennsylvania is a U.S. state that is located in the Northeastern and Mid-Atlantic regions of the United States. The state borders Delaware and Maryland to the south, West Virginia to the southwest, Ohio to the west, New York and Ontario, Canada, to the north, and New Jersey to...	11
Showcase Pittsburgh West 12	Pittsburgh, PA	PA Pennsylvania The Commonwealth of Pennsylvania is a U.S. state that is located in the Northeastern and Mid-Atlantic regions of the United States. The state borders Delaware and Maryland to the south, West Virginia to the southwest, Ohio to the west, New York and Ontario, Canada, to the north, and New Jersey to...	12
Cinema De Lux Fairfax Corner 14	Fairfax, VA Fairfax, Virginia The City of Fairfax is an independent city forming an enclave within the confines of Fairfax County, in the Commonwealth of Virginia in the United States. Although politically independent of the surrounding county, the City is nevertheless the county seat....	VA Virginia The Commonwealth of Virginia , is a U.S. state on the Atlantic Coast of the Southern United States. Virginia is nicknamed the "Old Dominion" and sometimes the "Mother of Presidents" after the eight U.S. presidents born there...	14
Multiplex Centreville 12	Centreville, VA Centreville, Virginia Centreville is an unincorporated community in Fairfax County, Virginia, United States. Recognized by the U.S. Census Bureau as a Census Designated Place , the community population was 71,135 as of the 2010 census and is approximately west of Washington, DC.-Colonial Period:Beginning in the 1760s,...	VA Virginia The Commonwealth of Virginia , is a U.S. state on the Atlantic Coast of the Southern United States. Virginia is nicknamed the "Old Dominion" and sometimes the "Mother of Presidents" after the eight U.S. presidents born there...	12
Multiplex Reston 13	Reston, VA Reston, Virginia Reston is a census-designated place in Fairfax County, Virginia, United States, within the Washington, D.C. metropolitan area. The population was 58,404, at the 2010 Census and 56,407 at the 2000 census...	VA Virginia The Commonwealth of Virginia , is a U.S. state on the Atlantic Coast of the Southern United States. Virginia is nicknamed the "Old Dominion" and sometimes the "Mother of Presidents" after the eight U.S. presidents born there...	13

Main competitors

• AMC Entertainment, Inc.
• Regal Entertainment Group
  Regal Entertainment Group
  Regal Entertainment Group also known as REG is a movie theater chain headquartered in Knoxville, Tennessee. Regal operates the largest and most geographically diverse theater circuit in the United States, consisting of 6,775 screens in 548 locations in 39 states and the District of Columbia as of...
  
  
• Clearview Cinemas
  Clearview Cinemas
  Clearview Cinemas is a chain of movie theatres within the New York metropolitan area that is owned by Cablevision.A subsidiary of Cablevision Systems Corporation since 1998, Clearview Cinemas was formed in 1994 and currently operates 47 movie theatres with 253 screens in the New York metropolitan...
  
  
• Muvico Theaters
  Muvico Theaters
  Muvico Theaters is a movie theater chain. Its headquarters are in Oakland Park, Florida, near Fort Lauderdale.Based in Fort Lauderdale, Florida, Muvico has seven complexes in Florida. Muvico has also expanded out of the state of Florida to include complexes in the Chicago Metropolitan Area , and...
  
  

National Amusements' majority owned subsidiaries, CBS Corporation

CBS Corporation

CBS Corporation is an American media conglomerate focused on commercial broadcasting, publishing, billboards and television production, with most of its operations in the United States. The President and CEO of the company is Leslie Moonves. Sumner Redstone, owner of National Amusements, is CBS's...

 and Viacom

Viacom

Viacom Inc. , short for "Video & Audio Communications", is an American media conglomerate with interests primarily in, but not limited to, cinema and cable television...

, have significant competitors, including NBCUniversal, Time Warner

Time Warner

Time Warner is one of the world's largest media companies, headquartered in the Time Warner Center in New York City. Formerly two separate companies, Warner Communications, Inc...

, The Walt Disney Company

The Walt Disney Company

The Walt Disney Company is the largest media conglomerate in the world in terms of revenue. Founded on October 16, 1923, by Walt and Roy Disney as the Disney Brothers Cartoon Studio, Walt Disney Productions established itself as a leader in the American animation industry before diversifying into...

 and News Corporation

News Corporation

News Corporation or News Corp. is an American multinational media conglomerate. It is the world's second-largest media conglomerate as of 2011 in terms of revenue, and the world's third largest in entertainment as of 2009, although the BBC remains the world's largest broadcaster...

.

Sources

• Yahoo! - National Amusements Inc. Company Profile

External links

• Official site
• The Bridge Cinema De Lux
• 2001 Box Office Magazine profile of the company