Dolby Laboratories, Inc. (NYSE:DLB)

Dolby Laboratories, Inc. develops and delivers innovative technologies, products and services at each stage of the entertainment industry, including content creation, content distribution and content playback.

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Dolby Laboratories, Inc. develops and delivers innovative products and technologies that are used throughout the entertainment industry to produce a more immersive and enjoyable experience. It has introduced innovations that have improved audio entertainment, such as noise reduction for the recording and cinema industries and surround sound for cinema and home entertainment. The technologies are used in virtually all standard definition Digital Versatile Disc, or DVD, players and personal computer DVD playback software, increasingly in digital televisions, set top boxes, portable media devices and in an array of consumer electronic products such as gaming systems and audio/video receivers. Movie theatres and broadcasters around the world use Dolby's products. It focuses on developing solutions for use throughout the entertainment industry, including content creation, distribution and playback. A global organization that generates revenue by licensing technologies to manufacturers of consumer electronics products and media software vendors and by selling professional products and related services to entertainment content creators, producers and distributors. It offers products and services for content creators, such as studios and broadcasters, to encode content in Dolby's formats. It licenses technology to consumer electronics manufacturers and software vendors. It also licenses decoding technologies to manufacturers of consumer electronics products including manufacturers of DVD players, Blu-ray players, DVD recorders, personal computers, digital televisions, mobile devices, video game consoles, set top boxes, home-theaters-in-a-box, portable media devices, audio/video receivers, in-car entertainment systems and other consumer electronics products. The Company's technologies includes Dolby Digital, Dolby Digital Surround EX, Dolby Digital Plus, Advanced Audio Coding (AAC), HE-AAC, Dolby Pulse, Dolby TrueHD, Dolby E, Dolby Digital Live, Dolby Pro Logic II, Dolby Pro Logic IIz, Dolby Virtual Speaker, Dolby Headphone, Dolby Mobile, Dolby Axon, PC Entertainment Experience or PCEE, Dolby Digital Stereo Creator, Dolby Digital 5.1 Creator, Dolby Digital 5.1 Creator, Dolby Volume, Dolby Contrast, Dolby Vision and Analog Signal Processing Technologies. The Company's product includes Traditional Cinema Processors, Digital Cinema Products, Digital 3D Products, Digital Media Adapters and Broadcast Products. It licenses technologies to media software vendors, such as operating system vendors and independent software vendors, and integrated circuit manufacturers. Licenses also include manufacturers of home audio and video products, set top boxes, video game consoles, mobile devices, in-car entertainment systems and PC manufacturers. It has customers in a range of entertainment industries and sells professional products either directly to the end user customer or, more commonly, through dealers and distributors. Users of professional products and services include movie studios, cinema operators, film distributors, broadcasters and video game designers. Its competitors include DivX, DTS, Doremi, EVS, Sony, Panastereo, Qube, QuVis, and REAL D. The Company's word trademarks include Dolby, Dolby Digital, Dolby Digital Plus, Dolby Home Theater, Dolby Mobile, Dolby Headphone, Dolby TrueHD, and Dolby Digital Cinema.