October 23, 2016 12:25 AM ET


Company Overview of National Amusements, Inc.

Company Overview

National Amusements, Inc. operates movie theatres 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 operates 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





Key Executives for National Amusements, Inc.

Chairman, Chief Executive Officer and Executive Chairman of Viacom
Age: 92
President and Director
Age: 62
Chief Financial Officer and Treasurer
Senior Vice President of Operations
Director, Chief Executive Officer of Viacom and President of Viacom
Age: 62
Compensation as of Fiscal Year 2016.

National Amusements, Inc. Key Developments

Viacom Forms Special Committee To Combine With CBS

Viacom INc, (NAsdaqGS:VIAB) forms committee to consider merger of CBS Corporation (NYSE:CBS). The company formed a special committee to consider National Amusements Inc's proposal to combine the company with CBS. National Amusements, Inc. owned by Sumner Redstone and his daughter Shari Redstone Resources Limited (ASX:RDS) urged the boards of Viacom and CBS to explore a combination. the majority shareholder of CBS Viacom and also said it would not support the acquisition of either media company by a third party or surrender its control of either firm. The committee consists of independent directors Thomas May and Nicole Seligman, who will act as co-chairs, and Kenneth Lerer, Judith McHale, Ronald Nelson and Charles Phillips, Viacom said in a statement. Apart from Phillips, a long standing member of the Viacom board, all the other members were picked by the Redstones as a part of their battle for control of Viacom. National Amusements owns 80% of the voting shares of both media companies. Shari Redstone, Sumner Redstone's daughter and an owner of National Amusements, has favored recombining the two companies under the leadership of CBS Chief Executive Officer Leslie Moonves, sources reported.

National Amusements To Call On CBS And Viacom To Explore Merger

National Amusements, Inc. is preparing to call on CBS Corporation (NYSE:CBS) and Viacom, Inc. (NasdaqGS:VIAB) to explore a merger. Reuters Reported that, National Amusements may contact the firms about forming independent board committees to explore a merger as soon as this week.

National Amusements, Inc. Announces Executive Promotions

National Amusements, Inc. announced that Duncan Short and Bill LeClair have been promoted to senior vice president of operations and senior vice president of food and beverage, respectively. Mr. Short, who began his career with National Amusements in 1987, opened the first showcase cinemas UK and quickly rose through the operational levels of management. In 1998, Mr. Short relocated to the United States as director of international operations, continuing operational oversight which extended through the acquisition of UCI cinemas in Brazil in 2005. Last year, Mr. Short was appointed full operational leadership for National Amusements US and international estate. Mr. LeClair joined National Amusements as an usher almost 40 years ago and performed various roles in operations before moving to the rapidly expanding food and beverage department in 1997, where he helped to develop and open the company's food court concepts. He currently oversees the food and beverage operations in four countries representing more than 925 screens.

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