Dolby Laboratories and Paramount Home Media Distribution Partner to Bring Dolby Vision and Dolby Atmos Content to the Home

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Leveraging the high-dynamic range (HDR) innovation that powers Dolbys most advanced cinemas around the world, Dolby Vision transforms the TV experience in the home by delivering greater brightness and contrast, as well as a fuller palette of rich colors. Dolbys deep expertise in bringing advanced technologies from the cinema to the home enables Dolby Vision to deliver extraordinary viewing experiences to home consumers.

Dolby Atmos enabled home theater products allow sound to move around the room in a three-dimensional way in order to create a more powerfully immersive and emotive soundscape and experience. The fusion of these two groundbreaking technologies provides viewers with a premium home entertainment experience.

Dolby has always been at the forefront of transforming the entertainment experience both in the cinema and in the home, said Curt Behlmer, Senior Vice President, Content Solutions and Industry Relations, Dolby Laboratories. Our agreement with Paramount signifies yet another example of our commitment to providing consumers with access to exceptional movies and original content with a life-like audio and visual entertainment experience through Dolby Atmos and Dolby Vision.

The combination of high quality, immersive audio and dramatic visual imaging truly elevates the home viewing experience, said Bob Buchi, President, Worldwide Home Media Distribution, Paramount Pictures. Having diligently studied the range of offerings in next generation home entertainment technologies, we are thrilled to be working with Dolby to enhance the consumer entertainment experience as they enjoy Paramounts movies in Dolby Atmos and Dolby Vision.

From content creation to distribution and playback, the fusion of Dolby Vision and Dolby Atmos delivers a comprehensive solution supported by content creators and distributors. To date, over 100 studio titles are available in Dolby Vision, and more than 200 titles are available in Dolby Atmos. Additionally, more than 125 hours of original content is available in Dolby Vision across leading OTT providers globally.

About Paramount Home Media Distribution

Paramount Home Media Distribution (PHMD) is part of Paramount Pictures Corporation (PPC), a major global producer and distributor of filmed entertainment. PPC is a unit of Viacom (NASDAQ: VIAB, VIA), home to premier global media brands that create compelling television programs, motion pictures, short-form content, apps, games, consumer products, social media experiences and other entertainment content for audiences in more than 180 countries. The PHMD division oversees PPCs home entertainment and transactional digital distribution activities worldwide. The division is responsible for the sales, marketing and distribution of home entertainment content on behalf of Paramount Pictures, Paramount Animation, Paramount Vantage, Paramount Classics, MTV, Nickelodeon, Comedy Central and CBS and applicable licensing and servicing of certain DreamWorks Animation titles. PHMD additionally manages global licensing of studio content and transactional distribution across worldwide digital distribution platforms including online, mobile and portable devices and emerging technologies.

About Dolby Vision

Dolby Vision transforms your TV experience with dramatic imaging incredible brightness, contrast, and color that bring entertainment to life before your eyes via OTT online streaming, Ultra HD Blu-ray, broadcast, and gaming applications.

About Dolby Atmos

Dolby Atmos delivers moving audio - sound that can be precisely placed and moved anywhere in three-dimensional space, including overhead. It brings entertainment alive all around the audience in a powerfully immersive and emotive experience.

About Dolby Laboratories

Dolby Laboratories (NYSE:DLB) creates audio, video, and voice technologies that transform entertainment and communications in mobile devices, at the cinema, at home, and at work. For more than 50 years, sight and sound experiences have become more vibrant, clear, and powerful in Dolby. For more information, please visit www.dolby.com.

Dolby, Dolby Atmos, and the double-D symbol are registered trademarks of Dolby Laboratories. Dolby Vision is a trademark of Dolby Laboratories. All other trademarks remain the property of their respective owners. DLB-G

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Dolby Laboratories

Grace Qaqundah, +1-415-558-0315

Grace-Ellen.Qaqundah@dolby.com

or

Paramount Home Media Distribution

Brenda Ciccone, +1-323-956-8091

Brenda_Ciccone@Paramount.com

Source: Dolby Laboratories, Inc.

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