San Francisco-based audio technology company Dolby Labs has reported revenue of $315.6 million (€293.4m) in its Q1 trading period – down from $334.9 million in the previous year. Despite the drop, the company still topped Wall Street expectations. Dolby repurchased 968,000 shares of its common stock and ended the quarter with approximately $132 million of […]
Dolby Labs has been added to the S&P Dow Jones MidCap 400 index. This – in effect – reward prompted an immediate 10.92 per cent rise in its share price on August 18th (to $84.81 per share) and means that Dolby’s stock has risen 20 per cent this year to date. The inclusion in the […]
Samsung Electronics has launched its new 98” QLED Q80C TV in Europe expanding its premium TV line-up. “In recent years, we have observed a growing consumer desire for larger screens. At Samsung, we are dedicated to providing superior products that improve the lives of our consumers and address their situational needs,” said Jose Barreiro-Lopez, Vice […]
Max, the SVoD service from Warner Bros Discovery which replaces HBO Max and discovery+, is now live. Max has introduced a new Ultimate Ad-Free tier that will offer four concurrent streams, up to 100 offline downloads and nearly eight times more films and episodes of 4K content than HBO Max, including popular programming such as […]
San Francisco-based Dolby Labs has reported Q2 profits of $95.7 million (€87.2m), and $375.9 million in revenues, up from $334.4 million in the same period last year. Dolby, a creator and licensor of audio, video and voice technologies for broadcasters and the movie and games industries, exceeded market expectations (four analysts had expected consensus revenues […]
SphereTrax, the music licensing platform that puts the power and rewards in musicians’ hands, has announced the appointment of Louis Rostoucher to the newly created role of Head of Sales and Marketing. Rostoucher boards the music licensing platform to lead its marketing strategies, overseeing the company’s music and AV projects, as well as its sales […]
Dolby Laboratories’ (DLB) Q1 numbers have impressed the market. Total Q1 revenues were $334.9 million (€310.9m), down from $351.6 million in the same period a year ago, with the revenue fall down to lower shipments in PC, broadcast, consumer electronics and gaming. However, the company continued to witness increased adoption of Dolby Atmos and Dolby […]
Netflix has announced new features at no additional cost for subscribers who are already on the Premium plan, choose to upgrade, or are signing up for the first time – Netflix Spatial Audio and more download devices. Netflix’s Premium plan already offers 4K HDR video resolution without ads. Now, with Netflix spatial audio, voewers can […]
Global music gallery SphereTrax is opening its doors to composers and musicians from all over the world to access and submit musical works to its platform. Music artists can now submit their work for review and submission, and successful entrants will be granted access to SphereTrax’ client base across film, television, advertising and gaming producers. […]
StarHub has announced TV+ Pro, its latest set-top box with an integrated soundbar offering an immersive TV experience delivered in Dolby Atmos and Dolby Vision, with audio tuning by Bang & Olufsen. Available from September 20th, new and existing StarHub TV+ customers can watch TV+ content on TV+ Pro at $14.90 monthly with no contract […]