Shari Redstone, daughter of media mogul Sumner Redstone and president of the family-owned National Amusements, agreed to buy a chain of Russia-based theatres owned by National Amusements.
Shari agreed to buy Rising Star Media, the company she co-founded in 2002, with fellow co-founder Paul Heath for an as yet undisclosed amount. Shari will serve as chairman of the newly independent business, which owns the top five grossing theatres in Russia.