Dolby Laboratories Extends Multi-Year Agreement With Cinépolis
Portfolio Pulse from Akanksha Bakshi
Dolby Laboratories (DLB) has expanded its multi-year agreement with Cinépolis to install Dolby's cinema solutions on all refresh and newly built screens throughout their global circuit. This includes Dolby's IMS3000 servers, audio processing, loudspeakers, and Dolby Multichannel Amplifiers.
June 12, 2023 | 2:53 pm
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Dolby Laboratories expands its agreement with Cinépolis, committing to install Dolby's cinema solutions on all new and refreshed screens globally.
The expanded agreement with Cinépolis will increase the adoption of Dolby's cinema solutions, potentially leading to increased revenue and market share for Dolby Laboratories. This positive news is likely to have a short-term positive impact on DLB's stock price.
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