BNET Industries

Last Fiscal Year Sales:$1.0B
- Private
- US
Dow Jones Description
National Amusements, Inc., is a world leader in the motion picture exhibition industry operating more than 1,500 movie screens in the U.S., U.K., Latin America and Russia. National Amusements delivers a superior entertainment experience in theatres around the world under its Showcase, Multiplex, Cinema de Lux, and KinoStar brands. Based in Dedham, Massachusetts, National Amusements is a closely held company operating under the third generation of leadership by the Redstone family. National Amusements is also an equal partner in the online ticketing service, MovieTickets.com, and is the parent company of both Viacom and CBS Corporation.
Chief Executive Officer
Sumner M. RedstoneNumber of Employees 133,247
Peer Companies
NAICS Code Motion Picture and Video Distribution: 512120
Recent Events
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Redstone Selling Off Chunks Of Viacom, CBS To Pay Off Debt
News & Analysis
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national amusements inc. - All News and Analysis
Redstone sells CBS and Viacom shares to meet debt payment
National Amusements operates more than 1,500 movie screens in the US, UK, Latin America and Russia, under its Showcase, Multiplex, Cinema de Lux and KinoStar brands. It is also the parent company of both Viacom and CBS Corporation. Viacom announced today (14 October) that National Amusements intends to offer for...
Sumner Redstone offers to sell cinema chain to head off banking
SUMNER REDSTONE, the octogenarian media mogul, has offered to sell the cinema chain that first made him a billionaire, in a desperate bid to hang on to the rest of his television and film empire. With a 19 December deadline looming to refinance $800m (518m) of debt taken...
Seeing eye to eye: Redstone vows no further stock sales.
Sumner Redstone assured investors on Thursday that not "a single share" more of CBS or Viacom would be sold to pay down debt of his National Amusements holding company. [ILLUSTRATION OMITTED] "Obviously, these were extraordinary circumstances which resulted in...
Redstone faces debt flap.
Sumner Redstone's National Amusements is still grappling with the debt payments that forced the sale of CBS and Viacom shares last week. [ILLUSTRATION OMITTED] After conflicting info about the nature of the loan and the payment spurred for National...
WWII munitions lurk near Tacony-Palmyra Bridge
Families flocked to the drive-in near the Tacony-Palmyra Bridge for four decades. In its heyday, cars packed with children lined up on Route 73 to get in. The marquee trumpeted a smattering of hits: Mel Brooks' comic masterpiece Blazing Saddles was screened there in 1974. More often it was home...
National Amusements and WS Development Celebrate Groundbreaking at Legacy Place
675,000 Square Foot Retail Destination Will Feature Leading Anchors, Restaurants, Fashion and Entertainment Tenants DEDHAM, Mass. -- National Amusements and WS Development today held a groundbreaking ceremony to mark the beginning of construction at Legacy Place, a 675,000 square foot open-air shopping destination featuring a contemporary blend of over...
Midway Announces New Credit Facility
National Amusements Provides For a $90 Million Credit Facility CHICAGO -- Midway Games Inc. (NYSE: MWY) today announced that it has terminated its existing $30 million secured credit facility with Wells Fargo Foothill, and simultaneously entered into a new credit facility of $90 million with National Amusements, Inc. NAI....
$14M cinema to open at Fallen Timbers
National Amusements, Inc. is building a new 14-screen movie theater at The Shops at Fallen Timbers in Maumee; it is expected to accommodate approximately 3,000 customers. The company is investing approximately $14 million in the theater project, called Showcase 14 at Fallen Timbers, which will open late this year. Construction...
Off With Their Heads!
Sumner Redstone is cranky. He's having a huge falling-out with his daughter, Shari--once considered the 84-year-old mogul's heir apparent--and it looks as if she may leave the family media empire, which controls Viacom and CBS. And the split with Shari, 53, is hardly the only conflict Sumner has had lately....
DYNASTY! THE MEDIA MOGUL, HIS DAUGHTER, AND A VERY PUBLIC POWER
An octogenarian media mogul surveys the empire he has created over three hard-fighting decades. One of the world's most successful film studios. One of America's most-watched television networks. A string of other pioneering, profitable and politically powerful assets in broadcasting and publishing. With the fire dimming in his eyes, you...
Decision Makers
| Name (plus bio) | Position |
|---|---|
| Sumner M. Redstone | Chief Executive Officer |
| Shari E. Redstone | President |
| Jerome Magner | CFO |
| Tad Jankowski | General Counsel & Senior Vice President |
| William Towey | Senior Vice President, Operations |
| Robert Steele | Vice President Strategy and Business Development |
| Scott Bernstein | Vice President Marketing |
| Wanda Whitson | Director of Corporate Communications |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| Philippe P. Dauman | Board of Directors |
| Organization | Position | Status |
|---|---|---|
| National Amusements, Inc. | Chief Executive Officer | Current |
| Viacom Inc. | Chairman & Founder | Current |
| National Amusements, Inc. | Chairman of the Board | Current |
| CBS Corporation | Chairman | Current |
| Surferess | Board of Directors | Current |
| Viacom Inc. | Chief Executive Officer | Former |
| National Amusements, Inc. | President | Former |
| National Association of Theatre Owners | Executive Committee | Former |
| University of San Francisco | Former | |
| National Association of Theatre Owners | Chairman | Former |
| Harvard Law School | Graduate | Former |
| Harvard University | Graduate | Former |
Shari E. Redstone joined our board in 2004. Ms. Redstone has been President of National Amusements, Inc. since 2000 and served as Executive Vice President of NAI from 1994 to 2000. She is also a director of NAI. NAI, a closely held company, operates cinemas in the United States, the United Kingdom and Latin America and is also the controlling shareholder of Viacom and CBS. Ms. Redstone also serves as President of Sumco Inc., a company owned by NAI and Sumner M. Redstone. Ms. Redstone is Chairman and Chief Executive Officer of Rising Star Media, a company established in partnership with NAI to build luxury-style cinemas in Russia. Ms. Redstone is a member of the board of directors and Executive Committee for the National Association of Theatre Owners, Co-Chairman and Co-Chief Executive Officer of MovieTickets.com, Inc., and Chairman and Chief Executive Officer of CineBridge Ventures, Inc. Ms. Redstone is also the Non-Executive Vice-Chair of the board of directors of both Viacom and CBS. Ms. Redstone is the daughter of Sumner M. Redstone, our controlling stockholder
| Organization | Position | Status |
|---|---|---|
| National Amusements, Inc. | President | Current |
| Viacom Inc. | Board of Directors | Current |
| Viacom Inc. | Vice Chairman | Current |
| CBS Corporation | Vice Chairman | Current |
| National Amusements, Inc. | Director | Former |
| Midway Games Inc. | Board of Directors | Former |
| Organization | Position | Status |
|---|---|---|
| National Amusements, Inc. | CFO | Current |
| Organization | Position | Status |
|---|---|---|
| National Amusements, Inc. | General Counsel & Senior Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| National Amusements, Inc. | Senior Vice President, Operations | Current |
| Organization | Position | Status |
|---|---|---|
| National Amusements, Inc. | Vice President Strategy and Business Development | Current |
| Organization | Position | Status |
|---|---|---|
| National Amusements, Inc. | Vice President Marketing | Current |
| Organization | Position | Status |
|---|---|---|
| National Amusements, Inc. | Director of Corporate Communications | Current |
Philippe Dauman (1954) was appointed to the Lafarge Board of Directors in 2007. He has served as President and Chief Executive Officer of Viacom (United-States) since September 2006. From 2000 to 2006, he was Co-Chairman of the Board and Chief Executive Officer of D.N.D. Capital Partners L.L.C., an investment fund specializing in media and telecommunications. He was General Counsel and Secretary of the Board of Viacom from 1993 to 1998, Executive Vice-President from 1995 to 2000, and Vice-Chairman from 1996 to 2000. He was previously a partner in the New York law firm of Shearman & Sterling. His term of office expires at the General Meeting approving financial statements for the financial year ended 2010. He was a director of Lafarge North America (L.N.A., now Lafarge in North America) from 1997 to 2006. He is currently director of National Amusements Inc. (United-States), and a member of the Dean's Council for the University of Columbia Law School (United-States).
| Organization | Position | Status |
|---|---|---|
| Viacom Inc. | President & Chief Executive Officer | Current |
| Lafarge S.A. | Board of Directors | Current |
| National Amusements, Inc. | Board of Directors | Current |
| The Paley Center for Media | Board of Trustees | Current |
| Viacom Inc. | Board of Directors | Current |
| Columbia University Law School | Member, Dean’s Council | Current |
| DND Capital Partners, LLC | Co-Chairman & Chief Executive Officer | Former |
| Viacom Inc. | Chief Administrative Officer | Former |
| Viacom Inc. | Executive Vice President, General Counsel & Secretary | Former |
| DND Capital Partners, LLC | Co-Founder | Former |
| Viacom Inc. | Deputy Chairman | Former |
| Genuity International, Inc. | Board of Directors | Former |
| Columbia University | J.D. | Former |
| Yale University | B.A. | Former |
Executive News
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Sumner Redstone to sell more CBS and Viacom shares
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Redstone to Sell $1 Billion in CBS and Viacom Shares
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Redstone Should Learn to Let Go
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Sumner Redstone to unload 35 theaters to help pay down debt
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Redstone to Pare CBS, Viacom Stakes
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Sumner Redstone's financial picture brightens
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CORRECTED - National Amusements brings live gaming to theater
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Bernstein Research Criticizes Media CEO Pay
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Does anyone still want their MTV -- or Viacom?
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Does anyone still want MTV -- or Viacom?
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Sun Valley: The stars align
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UPDATE: Time Warner, Comcast To Distribute TV Shows Online
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Cable TVs Big Worry: Taming the Web
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Congress to Join Nick Cannon and Community and Civic Leaders in Honoring 267 Recipients of the Congressional Award Gold Medal in Washington, D.C.
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Congress to Join Nick Cannon and Community and Civic Leaders in Honoring 267 Recipients...
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Congress to Join Nick Cannon and Community and Civic Leaders in Honoring 267 Recipients of the Congressional Award Gold Medal in Washington, D.C.
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