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Last updated on April 24, 2014 at 21:24 EDT

Latest Shari Redstone Stories

2012-09-13 10:27:42

BOSTON, Sept. 13, 2012 /PRNewswire/ -- Boston University today announced that well-known media executive and Boston native, Sumner M. Redstone, has given $18 million to help expand and improve the facilities of the Boston University School of Law, including the construction of a new building adjacent to the School's core facility; the new building will be named the Sumner M. Redstone Building. Mr. Redstone serves as Executive Chairman of the Board of both CBS Corporation (NYSE: CBS and...

2011-06-06 11:06:00

MOSCOW, June 6, 2011 /PRNewswire/ -- Rising Star Media, Russia's most profitable theater chain which operates under the name Kinostar de Lux, was acquired last week by Cinema Park, the largest Russian cinema chain, a member of the ProfMedia group. (Photo: http://photos.prnewswire.com/prnh/20110606/NE14621) Chairman Shari Redstone and CEO Paul Heth together with investment banker Charlie Ryan of UFG Private Equity of Russia purchased Rising Star Media in 2009 from National Amusements, a...

2008-09-12 12:00:22

I saw Shari Redstone boogie. You might think the chief executive for National Amusements, the parent company of Showcase Cinemas and the new Showcase Live nightclub, would be a stuffy corporate type. But Redstone let her funky self out Tuesday night as she danced by the right side of the stage while blues harmonica legend James Cotton, James Montgomery and an all-star group pounded out the torrid "Good Time Charlie." "That was really fun!" Redstone said later when informed her cover was...

2006-03-29 17:10:00

By Paul Thomasch and Yinka Adegoke NEW YORK -- Executives from top movie theater chains on Wednesday dismissed calls to shorten the period between a film's release on the big screen and on DVD, saying it would be harmful to studios, theaters and consumers. Some studio executives, including Walt Disney Co. Chief Executive Robert Iger, have called for faster DVD releases to combat rising piracy over the Internet, amid slowing sales of DVDs and a U.S. box office slump. But executives from Regal...

2006-03-23 15:30:27

By Gina Keating LOS ANGELES (Reuters) - Movie theater operators hope to be screening live 3D sports events by 2007 in a bid to lure sports fans away from their home theater systems and bolster sagging mid-week ticket sales. Ticket sales at theater chains dropped 9 percent in 2005 from what analysts said was a combination of lackluster films, competition from other forms of entertainment such as video games, and the spread of large-screen, high-definition televisions and digital...