Career
Since 1999, she has been President of National Amusements, one of the top 10 movie exhibitors in the United States. Ms. Redstone has expanded the company's international footprint and its exploration of new technologies.
In 2000, while at National Amusements, Ms. Redstone entered the Russian theater market, giving patrons there the opportunity to experience high-end luxury theaters. In 2010, Ms. Redstone and her partners purchased the theaters that they had built and formed Rising Star Media, of which she was Chairman, and turned it into the top grossing cinema chain in that country. Shari and her partners sold Rising Star Media in 2011
In 2011, Ms. Redstone became Co-Founder and Managing Partner of Advancit Capital, LLC, an investment platform focusing on early stage in media, entertainment and technology. In addition, she is Co-Chairman of MovieTickets.com, Inc. and is a member of the Board of Directors and Executive Committee for the National Theatre Owners Association (NATO).
In 2007, Ms. Redstone and her father feuded publicly over issues of corporate governance and the future of the cinema chain. Documents have been made public which verify that, as part of a settlement from Sumner's first divorce, all of Sumner's stock is in irrevocable trusts that will be left to his grandchildren. The trusts are said to make it clear that Shari Redstone, Vice-Chairwoman of the Board of Viacom and CBS, is to assume her father's role upon his death.
Read more about this topic: Shari Redstone
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