Digital Theater System , is a series of multichannel audio technologies owned by DTS, Inc., a company specializing in digital surround sound formats used for both commercial/theatrical and consumer grade applications. It was known as The Digital Experience until 1995. Work on the format started in 1991, four years after Dolby Labs started work on its new codec, Dolby Digital. The basic and most common version of the format is a 5.1-channel system, similar to a Dolby Digital setup, which encodes the audio as five primary channels plus a special LFE channel for the subwoofer. Note, however,... that encoders and decoders support numerous channel combinations, and stereo, four-channel, and four-channel+LFE soundtracks have been released commercially on DVD, CD, and Laserdisc. Other, newer DTS variants are also currently available, including versions that support up to seven primary audio channels plus one LFE channel .
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| NASDAQ symbol: | DTSI |
| Founded: | June 1993 |
| Headquarters: | Agoura Hills, California |
| Annual revenue: | $60,240,000 |
| Net income: | $11,370,000 |
| Operating income: | $14,250,000 |
| Market cap: | $470,000,000 |
| Industries: | Household Audio and Video Equipment |