Seven workers have reportedly been laid off at Digital Theater Systems (DTS) two weeks ago from their Agoura Hills (CA) offices.
These layoffs are mostly attributed to the fact that all DTS encoded DVDs are heavily delayed. First announced last January for an
early spring release, the first wave of 13 titles, all of which are Universal Pictures releases, are currently expected to hit streets as
late as November. DTS’ professional theater sound business suffered from delays either, however, making matters worse. DTS has
been late delivering their digital cinema processor, which directly competes with products from Dolby and Sony. Despite the
problems however, the company’s cinema system sales are ahead of expectations and their sales in other ventures are also
ahead of schedule.