A worldwide brand name that is synonymous with high quality digital sound, DTS, Inc., (Nasdaq: DTSI) develops, markets and licenses proprietary digital technology and content for the theatrical and consumer markets.
Founded in 1990 by entrepreneur/scientist Terry Beard and funded by Universal City Studios, Inc., and other investors in 1993, DTS introduced its master-quality sound with the release of Steven Spielberg’s blockbuster Jurassic Park. Working with Universal and just five employees, DTS successfully shipped and installed 876 DTS playback systems in theaters in six months. Motion picture sound was changed forever. Its innovative digital process quickly established DTS as a leading provider of premium quality, discrete multi-channel audio for cinema. Today, every major film studio in the United States uses DTS multi-channel digital sound, and virtually all major Hollywood feature films are released with soundtracks in the DTS format.
In 1996, the company entered the consumer products market with a scalable digital audio architecture suitable to a broad spectrum of consumer and pro audio products and multimedia formats. Called DTS Coherent Acoustics, this technology is now widely used in home theater and car audio products, video games, DVD-Video, 5.1 Music discs and DVD-Audio and PC, and is also applicable to portable devices, Internet streaming, satellite broadcast, digital cable and digital radio. Supported by every major consumer electronics manufacturer worldwide, hundreds of millions of home, auto and portable entertainment products now include DTS trademarks or technology. In 2000, the company began selling DTS hardware and software encoders to content providers, allowing them to produce DTS audio content directly. In 2006, DTS launched its newest technology, DTS-HD Master Audio, an audio format that is bit-for-bit identical to the master soundtrack, for the next generation optical disc formats: HD DVD and Blu-ray Disc.