Dolby invents the audio and video technology — Dolby Atmos, Dolby Vision and the core codecs — that turns ordinary screens and speakers into premium experiences, then licenses it into nearly every TV, phone, PC and streaming service. It builds almost nothing at scale itself: ~93% of its $1.35B revenue is licensing, a high-margin toll on the billions of devices and hours of content that carry its logos. The founding Dolby family still controls the company through a dual-class structure.
What Dolby Laboratories, Inc. really sells
Dolby invents the audio and video technology — Dolby Atmos, Dolby Vision and the core codecs — that turns ordinary screens and speakers into premium experiences, then licenses it into nearly every TV, phone, PC and streaming service. It builds almost nothing at scale itself: ~93% of its $1.35B revenue is licensing, a high-margin toll on the billions of devices and hours of content that carry its logos. The founding Dolby family still controls the company through a dual-class structure.