Oscars Kodak Theatre changes name to Dolby Theatre

Michael Edwards
Yahoo UK Movies News
2 May 2012

After the bankruptcy of film lab Kodak and their attempts to renege on a sponsorship deal with the historic Kodak theatre, there was some speculation over whether the cinema would continue to be the venue of choice for Tinsel Town's most illustrious ceremony.



The space was fortunately retained for the 2012 ceremony, at which 'The Artist' triumphed, but with its financial future uncertain - there were no guarantees after that.



Now Dolby Laboratories have announced a new sponsorship deal that will see the cinema renamed the Dolby Theatre for the next 20-years.

[Related gallery: Oscars 2012 red carpet picture gallery]

The deal will also see the Oscars locked to the venue until at least 2033. Now that's stability for you.

Speaking to The Hollywood Reporter, Tom Sherak, president of the Academy of Motion Pictures Arts and Sciences, said:

“We wanted to be in Hollywood. The Academy Awards belong in Hollywood. Dolby is a proud industry name.”

Dolby, meanwhile, say they will use the prestigious space to “create a world-class showcase for Dolby’s current and future technologies.”

Hilton HHonors™ Card

Earn 40,000 Hilton HHonors™ Bonus Points. Apply for Your Card Today.

Nearly 1M People Trust This to Keep Them Safe.

Tech experts like CNET call it “better, smarter home security.” Cops use it in stings to catch criminals. Meet SimpliSafe.

Banks Are Worried Homeowners Will Do This.

Homeowners are surprised and furious. If you owe less than $625,000 on your home, you better read this.

How Older Men Tighten Their Skin

Men, reduce the look of wrinkles, sagging skin and fine lines with this affordable and effective skin tightening treatment without leaving your home.

Ever Googled Someone? Do A "Deep Search" Instead

Entering a Name and State on this site could reveal info you thought wasn't available. Have you searched yourself or someone you know yet?

Make customer support your secret weapon.

Alert your agents! Read Desk.com's free "Startup's Guide to Customer Service" to learn secrets for support success from 8 leading startups.

Buying Medigap Plan F? Read This First

Plan F is the most popular Medicare Supplement plan, but there's another Medigap option you should consider.

Powerful Tactical Flashlight Flying Off Shelves!

This new tactical flashlight was just released to the public and is flying off shelves in the United States. Limited supplies left, act quick!

How To Make Sagging Skin Look Tight and Lifted

[Watch] The easy and effective way consumers across the country are improving the look of their wrinkled and sagging skin without cosmetic procedures.

Switch and save!

Switch to Progressive and you could save an average of $548.

Military Mortgage Rates In 2016

Rates as Low as 2.75% (3.028% APR) 15 Year Fixed. Exclusive For Veteran & Military Takes 1 Min!

Insane Navy Seal Flashlight, should it be banned?

The Military has recently released technology that is now available to the public. Get yours before they run out - Limited Supply!

Starwood Credit Card

Earn 25,000 Bonus Starpoints®! Use toward Award Nights or Flights.

$200 Military Flashlight Surplus Dumped

Highly anticipated LumiTact G700 Tactical Flashlight Overrun - Now available to civilian population