Women in Entertainment 2010 - Power 100 List
With the public conflict between paterfamilias Sumner and daughter Shari, it might come as no surprise to learn that both were lawyers, though Shari started as the criminal kind (criminal defense, that is). Now she might need to think more like a prosecutor as she works to punch up National Amusements, which sold 35 theaters in the U.S. to pay down its debt of $1.46 billion and refinance the company — no small feat in this economy. One way she handled it was in Russia, where she, together with Charles Ryan of UFG Private Equity, acquired from National Amusements Rising Star Media — a six-theater, 74-screen circuit in Moscow and St. Petersburg that is thriving under the helm of CEO Paul Heth. Redstone is the third generation of her family to run the Norwood, Mass.-based National Amusements, which still operates more than 1,000 screens in the U.S., Britain and Latin America. She also started a private-equity firm this year, Legacy Ventures, to provide capital and advice to media and technology start-up companies.
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