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A Kodak moment at the new Dolby Theatre

Dolby Theatre

AP Photo/Dolby Laboratories

The new Dolby Theatre as two overhead speaker trusses are lifted into place in Los Angeles. The posh 3,400-seat Hollywood & Highland Center home of the Academy Awards is officially christened with a new name and a state-of-the-art audiovisual system that can project 3-D imagery and blast sound from multiple perspectives.

The 3,400-seat, four-level Hollywood home of the Oscars reopened Monday as the Dolby Theatre, outfitted with Dolby 3D and Dolby Atmos projection and audio systems, as well as new signage. 

The venue formerly known as Kodak was renamed by Dolby Laboratories Inc. as part of the 20-year deal with Hollywood & Highland Center owner CIM Group after Kodak was let out of its deal by a bankruptcy court judge.

Here's how it looked to the people passing by:

A Kodak moment at the Dolby Theatre

Seeing signs on Hollywood Boulevard (via KPCC)

Storified by Lisa Brenner · Mon, Jun 11 2012 20:50:35

ready for the reveal #dolby #hollywoodAmy Anderson
Looks like it's now the "Dolby" theater http://instagr.am/p/LvWLxUoEbv/Carrie Couch
The unveiling of the Kodak Theaters new name Dolby Theatre @ Dolby Theater http://instagr.am/p/LwFSdzCpc-/St?vên Troyë
On my way to change the Kodak into the Dolby theater http://pic.twitter.com/47prxFdAEder
Press day @ the Dolby Theatre w/ABC News. Bye bye Kodak... http://instagr.am/p/LwLCu-K6wf/Ruth O' Neill
Cirque de Soleil practicing for their performance tonight @ The Dolby Theatre http://instagr.am/p/LwJbixvLwr/andi_fisher
Whoa. This is crazy! #Dolby #dolbytheatre #cirquedusoleil #irisCassie Russek
Spinning in front of the Kodak Theatre for the unveiling of its new sign/name, the Dolby Theatre ! http://instagr.am/p/LvxEASyJn8/Shiva
Grand entrance to the new #dolbytheatre @ The Dolby Theatre http://instagr.am/p/LvYaZ9hZai/Dolby Laboratories
Good by Kodak, Hello Dolby... #KodakTheater #DolbyTheater #DolbyDigital #Theater #Hollywood #California #New http://instagr.am/p/LomkXyFxOa/JT Fletcher
Very amazing place, a place for oscar award and im here @ Dolby Theater http://instagr.am/p/LmlyzjrLiS/stevencphotography

Lisa Brenner can be reached via Twitter @lisa_brenner

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