The asset sat alongside the Redstone's stake in Paramount inside NAI, the family’s holding company. Paramount's merger with ...

Mario Gabelli's GAMCO sued Shari Redstone's National Amusements Inc., alleging NAI's deal to merge Paramount and Skydance had ...

National Amusements issued a statement saying it is “outraged” by CBS’s lawsuit and the allegations of heavy-handed tactics by Shari Redstone — including the threat of reconstituting the ...

Gabelli Funds, which owns nearly 4.9 million Class-A voting shares in Paramount, is seeking greater transparency around the National Amusements deal, according to another source at Gabelli.

In addition, National Amusements owns a handful of money-losing movie-theater chains including Showcase Cinemas, Multiplex Cinemas and Cinema de lux. A rep for National Amusements declined to comment.

National Amusements, Inc., is a world leader in the motion picture exhibition industry operating more than 925 movie screens in the U.S., U.K. and Latin America.

ABOUT NATIONAL AMUSEMENTS, INC. National Amusements, Inc. is a world leader in the motion picture exhibition industry operating more than 950 movie screens in the U.S., U.K. and Latin America.

National Amusements had already sold about $230 million of shares of CBS and Viacom to help meet debt payments, and has been in talks with banks in hopes of avoiding a debt crunch.

National Amusements, Sumner Redstone ‘s holding company, has made it official, publishing a letter it has sent to Viacom and CBS Corp., in which it urges the two companies to explore a merger.

National Amusements has been considering a change in the membership of the CBS board, according to one source. One CBS director, Doug Morris, turns 80 in November and would have to stand down for ...

Sumner Redstone’s National Amusements holding company has formally asked the boards of Viacom and CBS Corp. to consider an all-stock merger proposal. National Amusements sent a letter Thursday ...