But Dolby’s days as the audio video format king look increasingly numbered as companies ramp up their adoption of free alternatives. The lion’s share of Dolby Labs’ profits comes from licensing its technologies to manufacturers and service providers. The sale of every TV, streaming device , or soundbar compatible with content created using a Dolby format results in a small payment to the company. The exact amount per unit is known only to Dolby and its licensees, but...

Read the full article at Digital Trends