DTS AND PARAMOUNT ENTER AGREEMENT TO INCLUDE DTS:X AUDIO IN SELECT HOME ENTERTAINMENT RELEASES Daddy’s Home, The Big Short, Zoolander No. 2 and Whiskey Tango Foxtrot are first Paramount titles to feature next-generation DTS:X immersive audio CALABASAS, Calif. (July 19, 2016) – DTS, Inc. (Nasdaq: DTSI), a global leader in high-definition audio solutions, has entered into an agreement under which Paramount Home Media Distribution will release a collection of home entertainment titles with a DTS:Xä soundtrack. DTS:X is the most advanced immersive, object-based, multi-dimensional audio technology available to enhance the home entertainment experience like never before. Paramount’s first titles released on Blu-ray Disc™ with DTS:X audio are Daddy’s Home, starring Mark Wahlberg and Will Farrell; The Big Short, starring Christian Bale, Steve Carell, Ryan Gosling and Brad Pitt; Zoolander No. 2, starring Ben Stiller and Owen Wilson; and Whiskey Tango Foxtrot, starring Tina Fey and Margot Robbie. DTS:X audio technology delivers a truly captivating entertainment experience in home theaters and sound bars, by accurately conveying the fluid movement of sound to create a richer soundscape than has previously been possible. DTS:X technology adapts to the speaker layout to best fit the individual consumer space by seamlessly transporting sound to and through specific locations within the viewing environment – in front of, behind, above and beside the audience. “DTS is constantly innovating in order to offer consumers the best entertainment experience possible,” said Bill Neighbors, general manager, digital media and streaming solutions at DTS, Inc. “DTS:X is our most recent, most advanced product offering, raising the bar for in-home entertainment. Consumers and content creators have higher expectations than ever and DTS:X will exceed the most demanding expectations.” An AVR or sound bar with DTS:X technology is required for the full immersive audio experience. Denon, Marantz, Sony, Trinnov and Yamaha have delivered DTS:X to many of their AVR models via firmware updates. Throughout the year, several brands, including Acurus, Anthem, ARCAM, Integra, Krell, McIntosh, Onkyo, Outlaw Audio, Pioneer, Steinway Lyngdorf and Theta Digital/ATI will release DTS:X firmware updates to their AVRs. Additionally, Yamaha will deliver a firmware update to its YSP-5600 sound bar this summer. On Daddy’s Home, The Big Short, Zoolander No. 2 The Magnum Edition and Whiskey Tango Foxtrot, as well as additional select titles available with DTS:X audio, Paramount and DTS will also make a DTS Headphone:X track available via participating digital retailers. DTS Headphone:X puts listeners in the very center of the film’s soundscape, creating an immersive experience that provides the best entertainment experience available through any headphones. “Paramount continues to progress the entertainment experience for audiences at home,” said Edward Hoxsie, Senior Vice President, Worldwide Product Production & Fulfillment, Paramount Pictures. “Working with DTS, a leading contributor in sound innovation, allows us to deliver a great consumer experience with audio technology that enables the immersive audio our feature content deserves.” For more information about DTS:X, please visit www.dts.com, and connect with DTS on Facebookand Twitter (@DTS). About DTS, Inc. Since 1993, DTS, Inc. (Nasdaq: DTSI) has been dedicated to making the world sound better. Through its pioneering audio solutions for mobile devices, home theater systems, cinema, automotive and beyond, DTS provides incredibly high-quality, immersive and engaging audio experiences to listeners everywhere. DTS technology is integrated in more than two billion devices globally, and the world's leading video and music streaming services are increasingly choosing DTS to deliver premium sound to their listeners’ network-connected devices. For more information, please visit www.dts.com. About Paramount Home Media Distribution Paramount Home Media Distribution (PHMD) is part of Paramount Pictures Corporation (PPC), a global producer and distributor of filmed entertainment. PPC is a unit of Viacom (NASDAQ: VIAB, VIA), home to premier media brands that create television programs, motion pictures, consumer products, and digital content for audiences in 180 countries and territories. The PHMD division oversees PPC’s home entertainment and transactional digital distribution activities worldwide. The division is responsible for the sales, marketing and distribution of home entertainment content on behalf of Paramount Pictures, Paramount Animation, Paramount Vantage, Paramount Classics, MTV, Nickelodeon, Comedy Central and CBS and applicable licensing and servicing of certain DreamWorks Animation titles. PHMD additionally manages global licensing of studio content and transactional distribution across worldwide digital distribution platforms including online, mobile and portable devices and emerging technologies.