Dolby, MGM Resorts Launch 'Dolby Live' At Park MGM

Dolby Laboratories Inc DLB and MGM Resorts International MGM announced the launch of Dolby Live at Park MGM.
Dolby Live, formerly known as Park Theater, is a fully integrated performance venue that will offer live concerts in Dolby Atmos.
The space will feature a fully integrated Dolby Atmos playback system, designed, calibrated, and tuned by Dolby engineers to match the size and characteristics of the 5,200-seat theater.
The system, primarily used for live concerts, can support many live events in Dolby Atmos, such as musicals, eSport events, and much more.
Price Action: DLB shares are trading higher by 0.61% at $88.58, while MGM is higher by 0.12% at $48.21 on the last check Thursday.