Welcome to our dedicated page for Dolby Laboratories news (Ticker: DLB), a resource for investors and traders seeking the latest updates and insights on Dolby Laboratories stock.
Dolby Laboratories, Inc. (NYSE: DLB) is frequently in the news for developments in immersive entertainment technologies and their adoption across cinema, streaming, home, automotive, and live events. The company’s announcements highlight how Dolby Atmos, Dolby Vision, Dolby Cinema, Dolby OptiView, and related technologies are used by partners to deliver audio and video experiences across movies, TV, music, sports, and gaming.
News about Dolby often covers technology launches and upgrades, such as the introduction of Dolby Vision 2 and the expansion of Dolby Atmos FlexConnect into new home audio products and televisions. Releases also describe how Dolby’s imaging patents and patent pools support content streamers and device makers, and how new cinema offerings like Dolby Vision+Atmos auditoriums are adopted by exhibitors.
Another major theme in Dolby news is partnerships and integrations with streaming platforms, television and device manufacturers, automotive brands, retailers, and event organizers. Examples in recent communications include streaming services extending Dolby Vision and Dolby Atmos across live sports, automakers integrating Dolby Atmos and Dolby Vision into vehicles, and retailers hosting Dolby Home Experience spaces where shoppers can experience Dolby Vision and Dolby Atmos in home-like environments.
Investors and followers of DLB can also expect financial and corporate updates in the news feed, including quarterly and annual financial results, dividend declarations, executive bonus plan approvals, and information about investor events and conference calls. Dolby’s releases provide context on the performance of its licensing and cinema-related businesses, as well as commentary on the adoption of its technologies across different ecosystems.
For anyone tracking Dolby Laboratories, this news page offers a centralized view of how the company’s technologies are being adopted, how its partnerships evolve, and how its financial and strategic priorities are communicated over time.
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Dolby Laboratories reported Q4 and fiscal year 2021 results, showcasing strong revenue growth. Q4 revenue increased to $285.0 million, up from $271.2 million in Q4 2020. Fiscal 2021 revenue reached $1.28 billion, compared to $1.16 billion in 2020. GAAP net income for Q4 was $44.2 million ($0.42 per share), significantly up from $26.8 million in the previous year. Fiscal 2021 GAAP net income totaled $310.2 million ($2.97 per share). A $0.25 dividend per share was announced, payable on December 8, 2021. However, the ongoing impact of COVID-19 continues to pose uncertainties for future revenues.
Dolby Laboratories has launched a new feature called Spatial Placement within its Dolby.io Communications SDK, aimed at enhancing lifelike audio experiences for developers and businesses. Currently in closed beta, this capability allows audio objects to be placed in a three-dimensional virtual space, dramatically improving online communication, such as video calls and virtual classrooms. Notable benefits include configurable audio placement, adaptability to various coordinate systems, and no additional costs for accessing this feature.
Dolby Laboratories (NYSE:DLB) is set to release its financial results for Q4 fiscal 2021 on November 16, 2021. The results will be disclosed after regular trading hours. A conference call for investors and interested parties will take place at 2:00 p.m. PT (5:00 p.m. ET) on the same day. The teleconference will be accessible via the Dolby investor website and through a designated dialing option. A replay will be available shortly after the call, lasting until November 23, 2021. Dolby continues to focus on transforming entertainment and communication experiences globally.
Dolby Laboratories (NYSE: DLB) has appointed Robert Park as its new Senior Vice President and Chief Financial Officer, effective immediately. Park, a seasoned finance executive, is set to lead Dolby's global finance organization, succeeding Lewis Chew, who will retire at year's end. With a strong background in driving financial strategies and operational excellence, Park aims to fuel Dolby's revenue growth and enhance shareholder value. His prior experience includes pivotal roles at BlueJeans, Chegg, and PayPal.
Dolby Live, located at Park MGM in Las Vegas, is the world's first fully integrated venue to host live performances in Dolby Atmos. This innovative theater, which accommodates 5,200 guests, enhances live music experiences with unparalleled audio clarity. Dolby and MGM Resorts have transformed the venue to support various events, including concerts and esports.
Dolby aims to deepen its ties with the artist community through this immersive experience, which promises to redefine music enjoyment. Upcoming performances will feature major artists like Lady Gaga and Bruno Mars.
Dolby Laboratories (NYSE: DLB) has announced significant enhancements to its Dolby.io platform, aimed at addressing critical content creation challenges. Key upgrades include the introduction of the Transcode and Music Mastering APIs, alongside a new desktop Communications SDK. These upgrades are designed to improve audio and video streaming capabilities, allowing up to 16 presenters to engage with 5000 listeners with minimal delay. The Transcode API will be available for free during its beta phase, offering 1000 minutes of use monthly, enhancing accessibility for developers and businesses.
Dolby Laboratories (NYSE: DLB) has partnered with Grammy-winning artist Olivia Rodrigo to present her debut album SOUR in Dolby Atmos on Apple Music. This collaboration aims to redefine music consumption through immersive sound experiences. Rodrigo highlights the transformative nature of Dolby Atmos, enhancing emotional connection with her music. The album has made significant waves, debuting at No. 1 on the Billboard 200 and achieving historic streaming records. Dolby emphasizes its commitment to innovation in sound, enriching the bond between artists and fans.
Dolby Laboratories (NYSE: DLB) has partnered with Justin Bieber to promote his new single "Ghost" and the multi-platinum album JUSTICE in Dolby Atmos on Apple Music. The collaboration showcases the innovative sound technology, enhancing the listening experience. Bieber highlighted Dolby Atmos as transformative for music, stating, "It’s game-changing and hits you differently." This campaign marks a celebration of a new music era where artists and fans connect more deeply, with all songs from JUSTICE available in Dolby Atmos.
Dolby Laboratories (NYSE: DLB) partners with The Weeknd to celebrate the release of his new single “Take My Breath” in Dolby Atmos on Apple Music. The collaboration marks a new era for music, enhancing the sensory experience for fans. The Weeknd emphasizes creating immersive worlds through his music, stating that Dolby Atmos allows for limitless creativity. His upcoming album follows the successful After Hours, which is the #1 most streamed R&B album. Fans can stream his recent works in Dolby Atmos to fully appreciate the artistry.
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