Dolby Unveils New, Live Streaming Offering for the Sport and Entertainment Industries at IBC 2024
Rhea-AI Summary
Dolby Laboratories (NYSE: DLB) has unveiled a new range of cloud video products for real-time interactive streaming at IBC 2024. This follows Dolby's acquisition of THEO Technologies, enhancing their capabilities in high-quality video streaming. The combined offering includes:
1. THEOads: A new ad insertion capability for personalized, non-intrusive ads
2. Dolby Millicast: An ultra-low latency streaming solution
3. Dolby Hybrik: Powering transcoding
4. THEOplayer and THEOlive: Cross-platform playback and live streaming products
Major companies like FanDuel, ITV, Las Vegas Sands, NASCAR, and NFL are already leveraging these solutions to enhance their live streaming experiences. The new products aim to deliver content with minimal delay, creating immersive, interactive experiences across platforms.
Positive
- Acquisition of THEO Technologies enhances Dolby's streaming capabilities
- Launch of THEOads for improved ad insertion and monetization
- Partnerships with major sports and entertainment companies
- Expanded product portfolio for comprehensive streaming solutions
Negative
- None.
News Market Reaction 1 Alert
On the day this news was published, DLB gained 2.84%, reflecting a moderate positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
FanDuel, ITV, Las Vegas Sands, NASCAR, NFL, and others are leveraging these latest solutions to increase engagement while improving the streaming and iGaming experiences of their audiences
Together, Dolby and THEO's products and innovations deliver live experiences that are more interactive, personalized, and delivered with extremely low latency. With new capabilities such as THEOads, which was also announced today, these experiences can now incorporate advertising that is optimized for the dynamic nature of live content.
"Viewers want to experience live action as it happens, but there are often lengthy delays before content reaches their screens," said Giles Baker, SVP of Dolby Cloud Solutions. "Our new range of cloud video streaming products delivers content with minimal delay to create cross-platform, interactive experiences that immerse viewers in the action. We are on a mission to bring these experiences to the industry and revolutionize the viewing experience for live events."
THEOads is a pioneering ad insertion capability that improves the quality, flexibility, and targeting of advertising within THEOplayer. Using server-guided ad insertion (SGAI) techniques, THEOads harnesses the full intelligence and capabilities of THEOplayer to maximize viewer engagement with more personalized, non-intrusive ads. This results in increased monetization opportunities and more efficient use of ad inventory without compromising the end-viewer experience.
Alongside THEOads, the combined Dolby and THEO offering brings together Dolby Millicast, an ultra-low latency streaming solution, transcoding powered by Dolby Hybrik, and THEO's proven portfolio of cross-platform playback and live streaming products. This includes THEOplayer and THEOlive. Collectively, these industry leading solutions are trusted by many of the biggest names in sports, streaming, and iGaming like FanDuel, ITV, Las Vegas Sands, NASCAR, NFL and others who are leveraging these latest innovations to power their live streaming experiences.
"Having completed an extensive competitive evaluation of the commercial and open source video player market, our decision to deploy THEOplayer on ITVX just made sense," said Mark Ison, Director of Engineering, ITV. "THEOplayer offers excellent performance and outstanding 3rd party integrations enabling us to operate more efficiently. We are extremely excited about Dolby's new range of cloud solutions and are excited to deepen our efforts to deploy these latest innovations in more places across ITVX."
"Dolby continues to be an important partner for Las Vegas Sands, supporting our need for high-quality, low latency streaming experience for interactive live iGaming. The acquisition of THEO Technologies extends the solutions set available for us to further create new offerings and enhance the overall gaming experience for our customers and partners globally," said Andrew Costello, SVP, Las Vegas Sands.
Dolby Millicast, THEOlive, THEOads, THEOplayer, and Dolby Hybrik are available as standalone products or combined for comprehensive solutions for those looking to provide their stakeholders with the best in live sports and entertainment streaming. For more information about Dolby's range of cloud streaming products and solutions, visit Dolby.io and theoplayer.com.
About Dolby Laboratories
Dolby Laboratories (NYSE: DLB) is based in San Francisco with offices around the globe. From movies and TV shows, to apps, music, sports, and gaming, Dolby transforms the science of sight and sound into spectacular experiences for billions of people worldwide. We partner with artists, storytellers, developers, and businesses to revolutionize entertainment and communications with Dolby Atmos, Dolby Vision, Dolby Cinema, and Dolby.io.
Dolby, Dolby Millicast, Dolby Hybrik, and the double-D symbol are trademarks or registered trademarks of Dolby Laboratories in
Media Contact:
Cairon (Jamie) Armstrong
Dolby Laboratories
Cairon.Armstrong@Dolby.com
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SOURCE Dolby Laboratories, Inc.
FAQ
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