Does Shari Redstone Own National Amusements? The Answer Might Surprise You

National Amusements is a privately held company that owns a controlling interest in Paramount Global. It was founded by Michael Redstone and later passed on to his son, Sumner Redstone. After Sumner Redstone passed away in 2020, the company was passed to a trust led by his daughter, Shari Redstone. This trust holds a majority stake in National Amusements, making Shari Redstone the controlling shareholder.

While Shari Redstone doesn’t technically own National Amusements directly, she effectively controls it through her position in the trust. This gives her significant influence over Paramount Global, which is a publicly traded company. Her role in the trust and her leadership within the company has drawn attention and sparked discussions about succession planning and the future of the entertainment giant. Some have speculated about potential changes in Paramount Global’s strategy under Shari’s leadership, but only time will tell how her influence will shape the company’s future.