August 21, 2017 2:01 PM ET

Media

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

Phone:

781-461-1600

Fax:

781-326-1306

Key Executives for National Amusements, Inc.

Chairman, Chief Executive Officer and Executive Chairman of Viacom
Age: 93
President and Director
Age: 63
Chief Financial Officer and Treasurer
Senior Vice President of Operations
Director, Chief Executive Officer of Viacom and President of Viacom
Age: 63
Compensation as of Fiscal Year 2017.

National Amusements, Inc. Key Developments

Sumner Redstone Announces Class Action Lawsuit in Boston

A chain of movie theaters owned by Sumner Redstone's family has been hit with a proposed class action in Boston, accusing the company of failing to pay its waiters and bartenders the tips and other wages they are owed. The lawsuit, filed last week in Suffolk County Superior Court, targets Showcase Cinemas theaters that serve meals and alcoholic beverages during movie screenings, including those in Chestnut Hill, Dedham, Foxboro and Randolph. The theaters are operated by Norwood-based National Amusements, which is owned by the Redstone family. Showcase charges customers who order food and beverages an automatic 'service fee,' according to the lawsuit. At the Showcase Cinema de Lux at Dedham's Legacy Place, for instance, the service charge is 20%, it said. But the company allegedly does not inform customers that the fee is not a tip for waiters and bartenders. It keeps part of the proceeds from the fees for itself, which is against Massachusetts law, the lawsuit said. The chain over-reports the total amount of tips received by its waiters, causing them to pay taxes on wages they never actually received, according to the lawsuit. Additionally, Showcase does not pay employees one-and-a-half times their typical hourly wage on Sundays and certain holidays, a violation of the state's so-called Blue Laws, the lawsuit said. The lawsuit names National Amusements, Chief Financial Officer Michael Kszystyniak and President Shari Redstone as defendants. It was brought on behalf of Showcase employee Tremayne Smith-Berry by the Boston law firm Regan Lane LLP.

National Amusements, Inc. Appoints Mark Malinowski as Vice President of Global Marketing

National Amusements, Inc. has appointed Mark Malinowski as vice president of global marketing. Malinowski joins the Norwood, where he served as senior vice president and director of partner innovation. Prior to that he was VP and group director of PAN Communications' consumer PR practice, and also served as senior VP of brand communications and entertainment marketing at Cone Communications. He previously co-founded Ketchum's entertainment marketing practice and also led entertainment marketing for Levi Strauss & Co. Malinowski will now oversee all of NAI's global brand initiatives and integrated marketing programs, including advertising, social media and digital marketing, loyalty programs and e-commerce, as well as strategic partnerships.

National Amusements Reportedly Decided To Abandon The Merger Of Viacom And CBS Corporation

National Amusements, Inc. has reportedly decided to abandon the merger of Viacom, Inc. (NasdaqGS:VIAB) and CBS Corporation (NYSE:CBS). National Amusements decision to abandon a merger of its prized media assets, CBS Corp and Viacom Inc., leaves them under pressure to buy or partner with peers in an industry where scale matters. National Amusements, however, does not currently want to sell either company, according to people familiar with the matter who requested anonymity discussing confidential deliberations. The Chief Executives of CBS and Viacom are also currently not keen on making big acquisitions, because they are focused on executing their operational strategy, these people said. Nevertheless, the two companies may be forced to consider acquisitions if they come under more competitive pressure, the sources said. They may also turn to partnerships with media companies as an alternative to outright acquisitions, the sources added. CBS Corporation, Viacom and National Amusements declined to comment.

Similar Private Companies By Industry

Company Name Region
"It" Girl Public Relations United States
+SmithGifford, Inc. United States
.TV Technologies, Inc. United States
@International Services, Inc. United States
1 Chronicles 14, L.P. United States

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
\
 

The information and data displayed in this profile are created and managed by S&P Global Market Intelligence, a division of S&P Global. Bloomberg.com does not create or control the content. For inquiries, please contact S&P Global Market Intelligence directly by clicking here.

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
NYC2012, Inc. United States
The Advertising Council, Inc. United States
Bertelsmann AG Europe
Rush University United States

Sponsored Financial Commentaries

Sponsored Links

Request Profile Update

Only a company representative may request an update for the company profile. Documentation will be required.

To contact National Amusements, Inc., please visit www.showcasecinemas.com. Company data is provided by S&P Global Market Intelligence. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.