SAN FRANCISCO and BEIJING, Dec. 06, 2018 (GLOBE NEWSWIRE) -- Dolby Laboratories, Inc. (NYSE: DLB) and Beijing Tahoe
Film and Culture Development Co., Ltd. (“Tahoe Cinemas”) today announced an agreement to expand the Dolby Cinema footprint in
China. Tahoe Cinemas is a subsidiary of Tahoe Group and its professional investment platform in film industry. Tahoe Group is a
major enterprise in China with businesses extended to real estate, healthcare, education, film, finance and other fields.
Tahoe Cinemas plans to open 10 Dolby Cinema locations in China, extending the premium cinema experience to more moviegoers
across the country.
“Our presence in China continues to grow and we are excited to partner with Tahoe Cinemas to bring the Dolby Cinema experience
to more people,” said Doug Darrow, Senior Vice President, Cinema Business Group, Dolby Laboratories. “More and more moviegoers in
China can be fully immersed in spectacular experiences at these new Dolby Cinema locations.”
“With Dolby Cinema, we are dramatically raising the bar for our quality cinema experience offering,” said Minghe Xie, General
Manager, Tahoe Cinemas. “I look forward to inviting our patrons to experience all genres of movies like never before, where images
come alive on screen with astonishing brightness, and dramatic color, and where sound moves all around the auditorium for a fully
immersive experience.”
Dolby Cinema enables richer and more action-packed storytelling through Dolby Vision and Dolby Atmos. The Dolby Vision laser
projection system uses state-of-the-art optics and image processing, delivers high dynamic range with enhanced color technology and
a contrast ratio that far exceeds that of any other technology on the market today. The result is a dramatically different viewing
experience that presents strikingly vivid and realistic images.
Dolby Atmos sound technology moves audio around the theatre, even overhead, with amazing richness and depth. The combination of
Dolby technologies with the design and comfort of the Dolby Cinema makes audiences feel closer to the onscreen action than ever
before.
Dolby Cinema continues to grow globally with more than 390 Dolby Cinema locations installed or committed in the U.S., Europe,
and Asia. With support from all major Hollywood studios and a growing group of content creators around the world, more than 190
feature films have either been released or are committed to be released in Dolby Vision and Dolby Atmos.
About Dolby Laboratories
Dolby Laboratories (NYSE: DLB) is based in San Francisco with offices in over 20 countries around the globe. Dolby transforms
the science of sight and sound into spectacular experiences. Through innovative research and engineering, we create breakthrough
experiences for billions of people worldwide through a collaborative ecosystem spanning artists, businesses, and consumers. The
experiences people have — with Dolby Dimension™, Dolby Vision®, Dolby Atmos®, Dolby Cinema™, Dolby
Voice®, and Dolby Audio™ — revolutionize entertainment and communications at the cinema, on the go, in the home, and at
work.
About Beijing Tahoe Film and Culture Development Co., Ltd.
Beijing Tahoe Film and Culture Development Co., Ltd. focuses on developing high-end cinemas. Adhering to the brand value of
"providing an extraordinary viewing experience for the audience," Tahoe Cinemas cooperates with international front-line designers
and top film and television equipment technology companies to create modern Chinese style cinemas with its own characteristics -
Tahoe cinema.
Tahoe cinemas are located in major cities across China, such as Beijing, Shanghai, Shenzhen, and Guangzhou, and has signed 120
projects so far, strives to rank first in the industry in the next three years. Tahoe Cinemas has been innovative in developing
cinemas. It not only creates the nationwide first healthy cinema with constant temperature, humidity and advanced haze-free
ventilation system, but also introduces a variety of business forms such as indoor attraction for kids, coffee and book lounge,
On-Demand Cinemas and more, which opens a new era of socialized movie viewing experiences from the traditional movie going
experiences.
As an important part of Tahoe Group's "Tahoe+" strategy, Tahoe Cinemas will gradually expand the industry blueprint based on
cinema operations and ultimately become a comprehensive cultural industry group with businesses extended to film production,
distribution, projection, acting brokerage, IP originality and others.
Dolby, Dolby Atmos, Dolby Audio, Dolby Cinema, Dolby Dimension, Dolby Vision, Dolby Voice, and the double-D symbol are among the
registered and unregistered trademarks of Dolby Laboratories, Inc. in the Unites States and/or other countries. Other trademarks
remain the property of their respective owners. DLB-G
Media Contact Dolby Laboratories
For China Media:
Lila Fu
+8610 5910 3246
Lila.fu@dolby.com
For US Media:
Rachel Lowery
714 496 3816
Rachel.lowery@dolby.com
