Oscars venue reopens as Dolby Theatre

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LOS ANGELES (AP) — The venue for the Oscars has a new name — and sound.

The posh 3,400-seat theater formerly known as the Kodak Theatre reopened Monday with a new audio-visual system and new signage as the Dolby Theatre. Dolby Laboratories Inc. announced a 20-year deal with Hollywood & Highland Center owner CIM Group last month to rename the theater, which has hosted the Academy Awards since 2002.

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