Belgian-based Kinepolis, a top European theater operator, agreed to acquire 13 Showcase Cinemas in the U.S. from Harbor Lights Entertainment (formerly National Amusements Inc.) in a deal worth $30 million.
National Amusements was the start of the Redstone family media empire, launched by Sumner Redstone’s father as a single Rhode Island drive in and later expanded and run for years very capably by Shari Redstone. The theaters are upscale with multiple premium large format screens and most auditoriums stadium style with recliner seating. The chain was owned alongside Paramount by the Redstone family’s holding company, acquired by the Ellisons family
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