Takeaways NEW
- Dolby shows strong results despite global challenges and plans to expand partnerships.
- Dolby Atmos and Dolby Vision are spreading in sports, music, automotive, and TV devices worldwide.
The renowned company Dolby Laboratories has announced its results for the fourth quarter of 2024, highlighting both past successes and future opportunities. Despite disappointing global demand for consumer electronics and weak cinema attendance, Dolby has made significant progress in several key areas. Particularly in content exploitation, new partner acquisitions, and the music, sports, and automotive sectors, the company has set the course for the future.
A major growth driver for Dolby is the increased adoption of Dolby Atmos and Dolby Vision. Licensing partnerships in the imaging sector and the planned acquisition of THEO are expected to further advance the business. Looking at the past quarter, notable highlights include major sporting events such as Wimbledon, the Olympic Games, and Major League Baseball being broadcast in Dolby Atmos and Dolby Vision. There were also regional successes: for example, the League of Legends finals in China and significant e-gaming events in India were streamed using Dolby technologies.
In the music sector, there is a continuously positive dynamic: over 1,200 studios worldwide are now equipped with Dolby Atmos. Impressively, over 90% of the artists from the Billboard Global Top 100 have released music in this format. This contributes to the increasing acceptance of Dolby Atmos among car manufacturers, with Dolby now having over 20 partners.
Speaking of the automotive industry, the company has not only seen a rise in partner agreements but also positive developments regarding in-car entertainment experiences. New partners include Wey and Smart. In the consumer electronics sector, there is also an encouraging development: Dolby Atmos and Dolby Vision are increasingly being integrated into mid-range TV sets, and various manufacturers are introducing new products to the market.
The outlook for Dolby Laboratories appears promising. For the fiscal year 2025, the company expects a stabilization of revenue from core audio technologies and is optimistic about the potential in the automotive, mobile, and TV sectors. Recently concluded partnerships and acquisitions further strengthen Dolby’s market position.
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