America Online and Dolby Laboratories Join to Provide Dolby AAC Technology for Superior Streaming Audio Through Radio@AOL and Radio@AOL for Broadband.Business Editors/High-Tech Writers NEW YORK New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of & SAN FRANCISCO--(BUSINESS WIRE)--May 28, 2003 New Format Enables AOL (A division of Time Warner, Inc., New York, NY, www.aol.com) The world's largest online information service with access to the Internet, e-mail, chat rooms and a variety of databases and services. to Deliver Improved Listening Experience to AOL Members, While Gaining Network Efficiencies America Online See AOL. Inc., the world's leading interactive services company, and Dolby Laboratories “Dolby” redirects here. For other uses, see Dolby (disambiguation). Dolby Laboratories, Inc. (Dolby Labs) (NYSE: DLB) is a USA-based company specializing in audio compression and reproduction. , have announced the introduction of Dolby(R) AAC (Advanced Audio Coding) An audio compression technology that is part of the MPEG-2 and MPEG-4 standards. AAC, especially MPEG-4 AAC, provides greater compression and better sound quality than MP3, which also came out of the MPEG standard. technology, an enhanced version of the world standard MPEG (Moving Pictures Experts Group) An ISO/ITU standard for compressing digital video. Pronounced "em-peg," it is the universal standard for digital terrestrial, cable and satellite TV, DVDs and digital video recorders (DVRs). AAC technology. This streaming technology is being introduced with new versions of Radio@AOL and Radio@AOL for Broadband, offering an enhanced listening experience for millions of AOL members who tune in to the popular radio services. Working closely with AOL, Dolby developed and optimized Dolby AAC technology, which dramatically improves the radio listening experience for consumers by streaming audio A one-way audio transmission over a data network. It is widely used on the Web as well as company networks to play audio clips and Internet radio. Computers in home networks stream audio (mostly music) to digital media hubs connected to home theaters. content with higher quality at lower bit rates (64 kbps for broadband and 14 kbps for narrowband). Dolby AAC will be streamed to Radio@AOL and Radio@AOL for Broadband listeners via AOL's proprietary Ultravox streaming media See streaming audio, streaming video and digital media hub. platform, which offers further benefits, including faster song starts and shorter time periods between songs. "Online radio is more popular than ever and our focus is on giving consumers the best listening experience possible," said Jim Van Huysse, General Manager, The AOL Radio@ Network. "Dolby's expertise and innovation in the high-fidelity arena are perfect complements to our own technology and top-notch programming. We are excited that this collaboration allows us to bring Dolby's trusted technology to our Radio@AOL and Radio@AOL for Broadband listeners." "We believe that Dolby AAC will be invaluable in helping improve the streaming audio entertainment experience worldwide, whether in applications where bandwidth is constrained, or simply to deliver the highest-quality streaming audio possible," said Steve Vernon, Vice President, Licensing Technology, Dolby Laboratories. "We are proud that AOL has chosen Dolby AAC as its audio streaming technology format for their leading online radio service," he continued. The AOL Radio@ Network leads the Internet radio market with the highest combined reach of any online radio service (ComScore Media Metrix). The AOL Radio@ Network encompasses AOL's first integrated radio, Radio@AOL and Radio@AOL for Broadband, as well as Radio@Netscape and Spinner. Designed to transform the conventional radio experience, these interactive services offer convenient 24/7 access to a vast selection of original and third-party programming, contextual information, and integrated commerce. The AOL Radio@ Network offers more than 175 best-of-breed music, news, sports, entertainment, and seasonal stations, including features from today's hottest stars and most respected names in broadcasting. About AOL Entertainment AOL Entertainment, a part of America Online, Inc., delivers a wide range of programming, products, and services across the entertainment spectrum, including games, movies, music, radio, sports, television, and ticketing. AOL Entertainment provides unique and compelling ways for the Internet's largest and most-engaged audience to experience exclusive premieres, get the latest news and reviews, access their favorite celebrities and even behind-the-scenes, and interact with fans from around the world. AOL Entertainment provides programming to AOL's flagship service, Broadband service, and leading Web properties. America Online, Inc. is a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of AOL Time Warner Inc. (NYSE NYSE See: New York Stock Exchange :AOL). Based in Dulles, Virginia, America Online is the world's leader in interactive services, Web brands, Internet technologies, and e-commerce services. About Dolby Laboratories Dolby Laboratories creates technologies that intensify and enhance the entertainment experience. For nearly four decades, Dolby has been instrumental in defining high-quality audio and surround sound in cinema, broadcast, home audio systems, cars, DVDs, headphones Head-mounted speakers. Headphones have a strap that rests on top of the head, positioning a pair of speakers over both ears. For listening to music or monitoring live performances and audio tracks, both left and right channels are required. , games, televisions, and personal computers. Based in San Francisco with European headquarters in England, the privately held company privately held company A firm whose shares are held within a relatively small circle of owners and are not traded publicly. has entertainment industry liaison offices in New York and Los Angeles, and licensing liaison offices in Hong Kong, Shanghai, Beijing, and Tokyo. For more information about Dolby Laboratories or Dolby technologies, please visit www.dolby.com. Note to Editors: Dolby and the double-D symbol are registered trademarks of Dolby Laboratories. All other trademarks remain the property of their respective owners. S03/14780 |
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