Tom Stephenson To Buy Sumner Redstone Theaters

Stephenson’s Rave Motion Pictures is set to buy 35 theaters from Sumner’s National Amusements, which is the foundation of his media empire. Never heard of Rave? Here’s a couple of factoids to introduce it:

The Dallas-based privately held theater circuit has 30 locations and 475 screens located in 14 states, and is now the biggest U.S. exhibition chain to have 100% state-of-the-art digital projection.

Disclosure:  When she is not watching movies, the beautiful and talented Mrs. Tom Stephenson is D Magazine’s associate publisher for partnerships.

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