Dolby and AMC Entertainment announce major expansion of Dolby Cinema at AMC in the US, with 40 additional auditoriums to be added by the end of 2027
Rhea-AI Summary
Dolby Laboratories (NYSE: DLB) and AMC Entertainment have announced a major expansion of their partnership, with plans to add 40 new Dolby Cinema at AMC locations in the United States by the end of 2027. This expansion represents a nearly 25% increase, bringing the total number to over 200 locations.
The partnership enhancement includes AMC selecting Dolby Vision as its HDR offering of choice, complementing the Dolby Atmos immersive sound system. This development follows Dolby Cinema's strongest box office performance in 2024, surpassing their record-setting 2023 results.
The expansion comes amid growing premium moviegoing demand, with over 725 theatrical features released or confirmed in Dolby Vision and Dolby Atmos to date. Notably, 49 of the top 50 titles from the past five years were shown in Dolby Cinema, demonstrating strong market penetration.
Positive
- Significant 25% expansion of Dolby Cinema locations, adding 40 new auditoriums
- Strong market performance with record-breaking box office results in 2024
- Extensive content pipeline with 725+ theatrical features
- High adoption rate with 49 of top 50 titles shown in Dolby Cinema
- Strategic partnership extension securing long-term market presence
Negative
- None.
News Market Reaction 1 Alert
On the day this news was published, DLB gained 0.50%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
AMC has also selected Dolby Vision as its HDR offering of choice
This represents a nearly
Dolby Cinema is the flagship offering of Dolby's theatrical solutions for exhibitors and moviegoers alike. It provides a fully Dolby-designed environment that gives audiences a captivating way to experience a film in Dolby Vision ultra-vivid picture quality combined with Dolby Atmos immersive sound. As part of the partnership, AMC and Dolby extend their commitment to the existing Dolby Cinema network.
For AMC, the expanded partnership marks another significant step in its ongoing commitment to invest in innovative technology and deliver the very best in premium experiences for its moviegoers. In addition to the new locations, AMC has also selected Dolby Vision as its HDR offering of choice, which combined with Dolby Atmos, makes Dolby Cinema an extraordinary and compelling premium theatrical experience.
"Premium moviegoing is defining the modern box office," said Kevin Yeaman, President and CEO, Dolby Laboratories. "In expanding our longstanding partnership with AMC, we look forward to providing even more audiences with access to the most immersive film experiences that you can only get at Dolby Cinema."
"For a decade, AMC and Dolby have provided moviegoers with incredible premium experiences - making the biggest blockbusters even bigger, brighter, louder, and more immersive," said Adam Aron, Chairman and CEO of AMC Entertainment. "The expansion of this partnership is a powerful demonstration of AMC's ongoing commitment to deliver this premium experience – sought out by filmmakers, studio partners, and our guests – to even more of our theaters and AMC moviegoers around
The partnership comes at a time when premium moviegoing represents a significant and growing share of the total box office, with Dolby further cementing its position as a valued brand among moviegoers. 2024 marked Dolby Cinema's strongest year in history at the box office, surpassing the company's record-setting 2023 box office gross.
Fueling this attendance is Dolby's strong content pipeline, with over 725 theatrical features released or confirmed to be released in Dolby Vision and Dolby Atmos to date. This includes new and upcoming releases at the box office like Mission: Impossible – The Final Reckoning, Karate Kid: Legends, F1, Jurassic World Rebirth, Avatar: Fire and Ash, and more. And of the top 50 titles of the past five years, 49 were shown in Dolby Cinema.
About Dolby
Dolby Laboratories (NYSE: DLB) is based in
About AMC Entertainment Holdings, Inc.
AMC is the largest movie exhibition company in
Media Contacts:
Dolby Laboratories
Ryan Hatoum
Ryan.Hatoum@Dolby.com
Guru Ramanathan
Guru.Ramanathan@dolby.com
AMC Entertainment
Ryan Noonan
RNoonan@amctheatres.com
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SOURCE Dolby Laboratories, Inc.