# Paramount Sells U.S. Movie Theaters To Kinepolis In $30 Million Deal

> **Open Intelligence Dossier** · First detected: 2026-06-12 00:07 UTC · Category: Entertainment

## Executive Summary
Paramount offloads U.S. theater chain as Ellison pivots to Warner Bros. mega-deal

## Intelligence Brief
Paramount Global has sold its U.S. movie theater chain—Showcase Cinemas—to Belgian operator Kinepolis for $30 million. The deal marks the latest divestiture by David Ellison’s Redstone family, which is focusing resources on its pending $111 billion acquisition of Warner Bros.


Kinepolis, a European cinema operator, will now manage 13 U.S. locations previously owned by Paramount’s theater division. Coverage highlights the strategic shift by Paramount’s leadership, with outlets like *The Hollywood Reporter* and *Deadline* framing the sale as part of Ellison’s broader consolidation play. *The Brussels Times* and *Boxoffice Pro* emphasize Kinepolis’ expansion into the U.S. market, while *Los Angeles Times* ties the move to Paramount’s aggressive bid for Warner Bros.


No details on future operational changes or staff impacts have been reported. Watch for potential ripple effects on U.S. cinema competition, as Kinepolis enters a market dominated by AMC, Regal, and Alamo Drafthouse.

## Multi-Source Evidence Table
| Source Outlet | Headline | Verification URL |
|---|---|---|
| The Brussels Times | Kinepolis to acquire 13 cinemas in United States | [Source Link](https://news.google.com/rss/articles/CBMijwFBVV95cUxPNWZMZlpHT0lWTFlYRTJnVWdCX0V0dWJCY3kwUnI2MVc3YTJBN21NbnliSVpJUXNFT1BqaDU4c2JrSlZHZDJXOHZkTXFIcHViVDJCTFhpTkFlOFg0ZmJNM2x3cXdJa2FPa1o3YzVXTXpiMDUwc3JXZU5pZHNSRXE5ZENlYXlLNkxGR3hNdWM2Zw?oc=5) |
| Los Angeles Times | As Paramount chases $111-billion Warner Bros. acquisition, David Ellison sheds his theater chain | [Source Link](https://news.google.com/rss/articles/CBMizgFBVV95cUxOaHo3UVprbWtoOFBVWFpEZk1tVk5xV215Q1NlUmg1NTF6RjNiSHZ0SjBtUVJOUUFkUlRtSHJvUHZ2VFFfQmxQLXlpc3FUYTU1STFDSVlIZVhWRmNmS21pa3ByWXVXZDVYOGxWeGFJa2p4aVhick94dUFOcjNsWVI5d3RaRDNOWlFCb3lNODNpcHRDaFdGTTJSOERseXFuMWpJMGpjSi0tVHBnUlJEMlh0TGVaNXF1blM2cDNqNnN6WkVLVU5WY2RBQl9URktXQQ?oc=5) |
| Boxoffice Pro | Kinepolis Signs Agreement to Acquire 13 U.S. Showcase Cinemas | [Source Link](https://news.google.com/rss/articles/CBMilAFBVV95cUxONEd6YksxZHcyZG1FdXRSQlRYMHoxVl9lVVAxYktUclFaQ05TN0tkMmtQaUItMk5FZTlreG5adThrQjJUTEFpTENNU3k3NGphRHhKeGdwanBnaEpITEtpaVFTODQ2ZUp0d1ZVbmF4Z1ZtT0JUczlVR3Z3bkhEUVRPT1pWclpQOVc0TTk2VWVwLUI5b3Vq?oc=5) |
| The Hollywood Reporter | Ellisons Sell Redstone Family’s Movie Theaters in $30 Million Deal | [Source Link](https://news.google.com/rss/articles/CBMivwFBVV95cUxPay1kekQ0a1J3YTUxZnNjcUdUUWNfMnRZbmFUODFRQUtvc2VUUG5lRVpselpPQUcyd0xQS2hYRWE4QmY3ZnZCcER3bzFRMVRYVEU3c3IwemYtY0xqZXRfVjF4S3psNHk0M0xvVEpfdElUdkxjWU5FS2tOZ253UlhiSlVEc3BtQ0JIckR1VWNoOHVzNWI0MHgzeDJWa096VmlzRWRETW1ONU0tNUR5Z1RqMGFyQnd3ZTJOU3c2SFRvbw?oc=5) |
| Deadline | Paramount Sells U.S. Movie Theaters To Kinepolis In $30 Million Deal | [Source Link](https://news.google.com/rss/articles/CBMikAFBVV95cUxQbnVoRkFuUkhyclFyM1dmQ1MzREtGTzVOcnBJV0ZwTGJqQmlISk5jelJoU0xFUDVKaE1CS1liTzRDN1E5NmREdjB6emRaQlFzWk1QNjV4WkozbWZnS0NZUk5wdU1DVHYwNG95dDNjVURPb0lENkRGdi1GZTBTcUctNTJjTTkzUTdqd1ptOW04QWE?oc=5) |

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*Canonical Source: https://pulse.byoviral.com/trend/2026-06-12/paramount-sells-u-s-movie-theaters-to-kinepolis-in-30-million-deal*