HELLO, DOLBY! Academy Awards venue gets new name

What's in a name? Everything and a lot of green.

Dolby, a company founded in the U.K. and headquartered in California, announced on Tuesday that it had signed an agreement with the CIM Group, owner of the Hollywood & Highland Center (yes, the one where the Oscars are held), bestowing its name unto the theater for the next twenty years. From now on, the home of the Oscars will be called the Dolby Theatre. "Dolby has a long history of working ... more >