October 27, 2004 |
Ray Dolby, who developed music and motion-picture sound systems that won him Academy Awards, is planning an initial public stock offering that may value his company at as much as $1.5 billion, people familiar with the matter said. Dolby Laboratories Inc., based in San Francisco, has hired brokerage firm Morgan Stanley and plans to raise about $400 million selling new shares and part of Ray Dolby's stake, said a person who declined to be identified. The transaction is planned for next year.
February 18, 2005 |
Dolby Laboratories Inc. added the sound of money to its repertoire Thursday. Shares of the San Francisco company, known for its pioneering audio technology, jumped 35% in their public debut, the best first-day showing for an initial public offering so far this year. The offering, which raised $495 million, was priced at $18 a share, above the expected range of $13.50 to $15.50 a share. Trading under the ticker symbol DLB, Dolby's stock rose as high as $25.45 before closing at $24.30, up $6.
March 20, 1989 |
Eastman Kodak and Ray Dolby and Ioan Allen of Dolby Laboratories were among the honorees at Sunday night's bestowing of Oscars for scientific and technical achievement at the Beverly Hills Hotel. Eastman's honorary Oscar, noting the company's "fundamental place" in movie making for more than 100 years, is the company's sixth. (The first came in 1931, and all have been for developing and improving motion-picture film.) The Dolby Oscar is for continuous contributions to motion-picture sound.
February 27, 2013 |
Gear up Hollywood award trackers, January is going to be an even busier month next year. The Directors Guild of America announced Wednesday that the 66th DGA Awards will be held on Saturday, Jan. 25, 2014, at the Ray Dolby Ballroom at the Hollywood & Highland Center in Los Angeles. The show will move up one week from its date this year and will closely follow the Screen Actors Guild Awards (Jan. 18) and the Producers Guild Awards (Jan. 19). The awards calendar for 2014 is being compressed by the Winter Olympics, which will run from Feb. 7 to Feb. 24 in Sochi, Russia.
February 17, 2005 |
Dolby Laboratories Inc.'s initial public offering Wednesday priced shares at the high end of an upwardly revised range, an underwriter said, raising $495 million for the audio technology company. Dolby Laboratories' IPO priced 27.5 million shares at $18 each, the underwriter said, giving the company a market capitalization of around $1.7 billion. The San Francisco-based company, which has spearheaded developments in audio technology for nearly four decades, had originally filed to offer 27.
January 9, 2013 |
The cinematographers of "Anna Karenina," "Les Miserables," "Life of Pi," "Lincoln" and "Skyfall" were nominated Wednesday morning for outstanding achievement in the feature film category for the 27th American Society of Cinematographers Awards. All five cinematographers are previous ASC Awards nominees. Roger Deakins earned his 11th ASC nomination for the James Bond blockbuster, "Skyfall. " He previously won for the 1994 drama "The Shawshank Redemption" and 2001 thriller "The Man Who Wasn't There.