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Home > Company Index > Media > Media - Major Diversified > National Amusements Inc.

National Amusements Inc.
 NEWS FROM THE STANDARD
AOL TW - That's the Ticket
Mar 21 2001 07:05 PM PST

Hello! and Welcome to Movie Passes
Mar 08 2000 05:34 PM PST

 PROFILE
Media mogul Sumner Redstone puts the business in show business through National Amusements. What began as a humble operator of drive-in theaters has evolved into a powerhouse that controls about 68% of media giant Viacom. Redstone is chairman of Viacom, with holdings that span cable networks, video retailer Blockbuster (82%), Paramount Pictures, TV networks CBS and UPN, and publisher Simon & Schuster. True to its roots, National Amusements operates Showcase Cinemas and Multiplex Cinemas with about 1,400 screens across the US, the UK, and Latin America. The company is an equal partner in MovieTickets.com, the online ticketing service. Its other subsidiaries include WMS Industries and Midway Games.

 COMPETITION
AOL Time Warner Inc. (AOL)
Regal Cinemas, Inc. (dossier)
The Walt Disney Company (DIS)

 FINANCIAL OVERVIEW
Fiscal Year-End: December
1998 Sales (mil.): 2,917.50
1-Yr. Sales Growth: 1,141.5%
Employees: 6,000
Revenue per employee: $486,250.00

 KEY PEOPLE
• Sumner M. Redstone
    CEO
• Jerome Magner
    CFO

 CONTACT INFO
200 Elm St.
Dedham, MA 02026
US
Phone: 781-461-1600
Fax: 781-461-1412
Online: Web Site

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