Xperi (XPER) unit DTS and Imax (IMAX) said Thursday that Sony (SONY) Pictures Entertainment plans to expand its catalog of Imax-enhanced content featuring DTS:X immersive sound.
The expansion will add hundreds of Sony Pictures titles to catalog of films available in the format.
Content from the catalog is expected to be first available via ad-supported video on demand on certain Hisense and Toshiba television models in the UK and Germany beginning early next year, the companies said.
Xperi shares were up 1.4% in recent premarket activity, while Sony rose 2.3%. Imax was down 0.2%.