DTS posts profitable quarter, expects bright future thanks to Blu-ray
by Darren Murph 
posted Nov 17th 2008 at 1:28PM
There aren't too many firms out there posting awesome Q3 reports, but DTS is one of the rare exceptions. Recently, the firm reported a net income of $2 million on revenues of $14 million, though $1.6 million of those revenues were in the form of royalties. CEO Jon Kirchner was quoted as saying that "overall, we remain cautious about the near-term industry outlook, but we continue to believe in the attractive long-term prospects for the Blu-ray format and for our business." Guess that's assuming Blu-ray adoption picks up in Q4 and beyond, huh?
Reader Comments (Page 1 of 1)
Ed @ Nov 17th 2008 1:56PM
I still hate Blu-ray, but I'm very happy to see that through it DTS is becoming more of a standard.
Excellent news.
squiggleslash @ Nov 17th 2008 4:42PM
Yeah, it'd be nice to see DTS used for streaming video instead of the ubiquitous DD5.1. Full rate DTS 5.1 is about half a gig an hour. For "DVD quality" downloads (H.264, usually at around half a gig an hour for both audio and video for current services) it probably means adding 80% to the bandwidth bill, but for 720p, where the video is generally around 2G an hour, it's not a great deal more.
LonnieDvD @ Nov 17th 2008 7:42PM
A bright future thanks to Blu-Ray? Hah, that is a good one. They might be able to say this in 2010, but 2009 will not be the year that Blu-Ray really takes off.
Spiza @ Nov 17th 2008 10:27PM
Now why would they hype blu-ray over those digital downloads with DD+ audio?
julio @ Nov 17th 2008 11:06PM
woooo i love DTS. great to see that they are turning around.