Dolby Laboratories
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Dolby Laboratories, Inc. develops audio and imaging technologies used in movies, television, music, gaming, and consumer electronics. The company licenses its audio technologies including Dolby Atmos, Dolby Digital, and Dolby Vision HDR imaging to content creators, device manufacturers, streaming services, broadcasters, and others. Dolby provides technologies enhancing sound and picture quality in entertainment content and playback devices. The company generates revenues from licensing fees based on shipments of devices containing Dolby technologies and from products and services including cinema equipment and content creation tools. Founded in 1965 by Ray Dolby and headquartered in San Francisco, California, Dolby has pioneered audio innovation for decades, establishing its technologies as entertainment industry standards. The company benefits from ubiquitous technology adoption, recurring licensing revenues, strong relationships with ecosystem partners, and audio and imaging quality leadership. Dolby faces competitive audio and imaging technologies, consumer electronics shipment volatility, adoption rates for newer technologies, and evolving entertainment consumption patterns. The company continues to innovate in spatial audio, high dynamic range imaging, and voice optimization while expanding Dolby Atmos adoption across devices, streaming services, and content.