Dolby announced a multi‑screen licensing agreement with EVO Entertainment to install Dolby Vision and Dolby Atmos in 17 screens across eight newly built centers in Texas, New Mexico, and Florida, expanding Dolby’s footprint in the premium cinema segment.
The deployment includes 17 screens across eight centers, with the flagship venue in Clearwater featuring the world’s largest cinema screen over 130 feet. It is the first multiplex powered entirely by Dolby Vision and Dolby Atmos, and many of the centers are newly built to showcase next‑generation presentation technology.
The deal adds recurring licensing revenue from both audio and visual components, reinforcing Dolby’s strategy to diversify beyond device licensing into high‑margin venues. It strengthens brand equity and positions Dolby as the default choice for premium cinema experiences, competing with IMAX, Cinemark XD, and Regal RPX.
"Exhibitors like EVO Entertainment understand that superior picture and sound quality are more than technical specs, but what deepen audience connection to the films they love and keep them returning. When you combine Dolby Vision and Dolby Atmos, you create something truly special: an experience audiences proactively seek out again and again." – Jed Harmsen, VP and GM of Cinema & Group Entertainment. "This partnership with Dolby represents an exciting step forward in how we think about the future of cinema. Our new flagship EVO Entertainment venue in Clearwater will bring that vision to life — the first multiplex in the world powered entirely by Dolby Vision and Dolby Atmos and anchored by the largest cinema screen on earth spanning more than 130 feet. It's a bold expression of our commitment to pushing the boundaries of the theatrical experience and delivering unforgettable, differentiated experiences for our guests." – Mitch Roberts, Founder & CEO of Elevate Entertainment Group.
Dolby’s Q1 2026 revenue reached $346.7 million, with earnings per share of $1.06, beating estimates. The new cinema partnership adds to Dolby’s recurring licensing revenue stream and supports its broader transition toward immersive content delivery across automotive, PCs, and streaming platforms.
The multi‑screen deal marks a significant operational milestone for Dolby, expanding its premium cinema footprint and reinforcing its leadership in immersive audio‑visual technology.
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