Paramount Sells U.S. Movie Theaters To Kinepolis In $30 Million Deal

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 […]