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

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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.