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July 03, 2015 8:59 AM ET

Media

Company Overview of National Amusements, Inc.

Company Overview

National Amusements, Inc. operates movie screens in Connecticut, Massachusetts, New Jersey, New York, Rhode Island, Ohio, Argentina, Brazil, and the United Kingdom. The company also offers theatre rentals for meetings, sales conferences, product launches, and private events. Its facilities include restaurants, cocktail lounges, food courts, and concession stands. In addition, the company is an equal partner in MovieTickets.com, an online ticketing service. National Amusements, Inc. was founded in 1936 and is based in Norwood, Massachusetts.

846 University Avenue

PO Box 9108

Norwood, MA 02062-9108

United States

Founded in 1936

Phone:

781-461-1600

Fax:

781-326-1306

Key Executives for National Amusements, Inc.

Chairman, Chief Executive Officer and Executive Chairman of Viacom
Age: 91
President and Director
Age: 61
Chief Financial Officer and Treasurer
Vice President of Operations
Director, Chief Executive Officer of Viacom and President of Viacom
Age: 61
Compensation as of Fiscal Year 2015.

National Amusements, Inc. Key Developments

CBS Official Denies rumors About Possible Merger With Viacom

CBS Corporation (NYSE:CBS) and Viacom, Inc. (NasdaqGS:VIAB) were rumored to be in possible merger talks. CBS Chief Executive officer, Les Moonves as refuting speculation about a potential merger between CBS and Viacom. He said, “The Board of Directors will decide the fate of this company. I would like to buy CBS. I’m not going to.” Les Moonves had reportedly explored his options in early 2015 with financiers for purchasing some or all of National Amusements, Inc.’ preferred shares in CBS. But he refuted that speculation and once again downplayed the possibility of CBS and Viacom merging. He further added, “They don’t want to be reunited with us, and we don’t want to be reunited with them.”

National Amusements, Inc. Announces Board Changes

National Amusements, Inc. announced that Mark Walukevich, Senior Vice President Film, and Duncan Short, Vice President Operations, have been appointed to oversee both US and international booking and operations respectively. Mr. Walukevich and Mr. Short will be assuming their expanded roles as George Levitt, Senior Vice President Film and John Bilsborough, Senior Vice President Operations retire after more than 40 years of service for National Amusements. Mr. Walukevich will continue to oversee all aspects of international film booking and event cinema; in addition, he will take on the role of overseeing all negotiations for US theatres. Mr. Short’s new role will include full operational leadership for National Amusements US and international estate. Mr. Walukevich became Senior Vice-President of Film International and Event Cinema in 2012.

Moonves Plans To Buy CBS

Leslie Moonves, Chief Executive Officer of CBS Corporation (NYSE:CBS), is discussing ways to buy out the company's controlling shareholder, National Amusements, Inc., ahead of a potential deal with Viacom Inc. Leslie Moonves has been talking to a few banks and private equity firms about buying CBS, as reported.

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