Sensory Assault: Dolby Takes on Imax With Mega-Theater Rival (Exclusive) — hollywoodreporter.com

A version of this story first appeared in the Dec. 12 issue of The Hollywood Reporter magazine. Dolby, the company whose name is synonymous with sound, is looking to make some noise in the world of images. The brand is set to launch Dolby Cinema, a premium, large-format theater experience that could challenge large-format leader Imax. Dolby is the world's top brand in theater sound. Its new Atmos immersive sound, which was introduced in 2012, has been installed in roughly 700 theaters worldwide, and its fiscal 2014 revenue of $960.2 million is more than three times that of Imax. But Imax boasts more than 800 theaters worldwide, and Dolby sees an opportunity to move in on that turf.

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