Through National Amusements, Redstone and her family hold majority voting power over Paramount Global and its subsidiaries – CBS, Comedy Central, BET, Showtime Networks, Nickelodeon, MTV and the film studio Paramount Pictures.

Feb 28, 2024 · Shari Redstone’s National Amusements — the holding company that controls the voting stock in media giant Paramount Global — has sold off a chunk of its real estate holdings in a scramble to make a...

Jul 7, 2024 · In a landmark deal that will shake up the entertainment landscape, Shari Redstone has agreed to sell control of Paramount Global to a consortium led by Skydance, the production company helmed...

Jan 10, 2024 · Redstone is looking for a steep markup for National Amusements, which has a 10% stake in Paramount Global and controls 77% of its voting shares — as much as 50% of its market value, according to...

Dec 21, 2023 · Ms. Redstone, 69, presides over a vast media empire that includes Paramount Pictures, MTV, Nickelodeon and CBS. But her rise to the top was not simple. For years, Ms. Redstone toiled away at...

National Amusements was founded by Michael Redstone, and later passed to his son Sumner Redstone. After his 2020 death, the company was passed to a trust led by his daughter Shari Redstone.

Jul 2, 2024 · Tech scion David Ellison has reached a preliminary deal to buy the Redstone family holding company National Amusements Inc., which would give his Skydance Media control over Paramount...

Jun 11, 2024 · Redstone is Paramount Global’s controlling shareholder through National Amusements Inc., which owns 77% of the voting shares in Paramount. Paramount Global shares plummeted 7.9% in the final...

Dec 10, 2023 · Ms. Redstone waged a bitter battle for control of National Amusements, the parent company of MTV, CBS and the Paramount movie studio. Now, she’s considering a sale.

Redstone is likely to pursue sale of National Amusements, the family company that controls Paramount, with other potential bidders.