0001460629-15-000002.txt : 20150212 0001460629-15-000002.hdr.sgml : 20150212 20150212094442 ACCESSION NUMBER: 0001460629-15-000002 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20150212 DATE AS OF CHANGE: 20150212 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: DTS, INC. CENTRAL INDEX KEY: 0001226308 STANDARD INDUSTRIAL CLASSIFICATION: PATENT OWNERS & LESSORS [6794] IRS NUMBER: 770467655 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-79566 FILM NUMBER: 15602598 BUSINESS ADDRESS: STREET 1: 5220 LAS VIRGENES ROAD CITY: CALABASAS STATE: CA ZIP: 91302 BUSINESS PHONE: 818 436-1000 MAIL ADDRESS: STREET 1: 5220 LAS VIRGENES ROAD CITY: CALABASAS STATE: CA ZIP: 91302 FORMER COMPANY: FORMER CONFORMED NAME: DIGITAL THEATER SYSTEMS INC DATE OF NAME CHANGE: 20030407 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Sarbit Advisory Services Inc. CENTRAL INDEX KEY: 0001460629 IRS NUMBER: 000000000 STATE OF INCORPORATION: A2 FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 100 - 1 EVERGREEN PLACE CITY: WINNIPEG STATE: A2 ZIP: R3L 0E9 BUSINESS PHONE: 1-204-942-2177 MAIL ADDRESS: STREET 1: 100 - 1 EVERGREEN PLACE CITY: WINNIPEG STATE: A2 ZIP: R3L 0E9 SC 13G/A 1 sasdts0414.txt HOLDINGS REPORT UNITED STATES Securities and Exchange Commission Washington, D. C. 20549 Schedule 13G Under the Securities Exchange Act of 1934 DTS Inc. (Name of Issuer) Common Stock (Title and Class of Security) 23335C101 (CUSIP Number) December 31, 2014 (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [ X ] Rule 13d-1(b) [ ] Rule 13d-1(c) [ ] Rule 13d-1(d) - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - 1) Name of reporting person: Sarbit Advisory Services Inc. (the "Investment Manager") 2) Check the appropriate box if a member of a group: a) n/a b) x 3) SEC use only 4) Place of organization: Winnipeg, Manitoba, Canada Number of shares beneficially owned by each reporting person with: 5) Sole voting power: - 0 - 6) Shared voting power: - 0 - 7) Sole dispositive power: - 0 - 8) Shared dispositive power: - 0 - 9) Aggregate amount beneficially owned by each reporting person: - 0 - 10) Check if the aggregate amount in row (9) excludes certain shares: n/a 11) Percent of class represented by amount in row (9): 0% 12) Type of reporting person: IA - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - Item 1a) Name of issuer: DTS Inc. Item 1b) Address of issuer's principal executive offices: 5220 Las Virgenes Road Calabasas, California 91302 Item 2a) Name of person filing: Sarbit Advisory Services Inc. Item 2b) Address of principal business office: Sarbit Advisory Services Inc. 100 - 1 Evergreen Place Winnipeg, MB, R3L 0E9 Item 2c) Citizenship: Federal - Canada Item 2d) Title of class of securities: Common Shares Item 2e) CUSIP No. 23335C101 Item 3) If this statement is filed pursuant to Rule 13d-1(b), or 13d-2(b), check whether the person filing is a : (a)[ ] Broker or dealer under Section 15 of the Act. (b)[ ] Bank as defined in Section 3(a)(6) of the Act. (c)[ ] Insurance Company as defined in Section 3(a)(6) of the Act. (d)[ ] Investment Company registered under Section 8 of the Investment Company Act. (e)[ ] Investment Adviser registered under Section 203 of the Investment Advisers Act of 1940. (f)[ ] Employee Benefit Plan, Pension Fund which is subject to ERISA of 1974 or Endowment Funds; see 240.13d-1(b)(ii)(F). (g)[ ] Parent holding company, in accordance with 240.13d-1(b)(ii)(G) (h) [ ] Group, in accordance with 240.13d-1(b)(1)(ii)(J). Item 4) Ownership: (a) Amount beneficially owned: - 0 - (b) Percent of Class: 0% (c) Number of shares as to which such person has: (i) sole power to vote or to direct the vote: - 0 - (ii) shared power to vote or to direct the vote: - 0 - (iii) sole power to dispose or to direct the disposition of: - 0 - (iv) shared power to dispose or to direct the disposition of: - 0 - Item 5) Ownership of Five Percent or less of a class: n/a Item 6) Ownership of more than Five Percent on behalf of another person: x Item 7) Identification and classification of the subsidiary which acquired the security being reported on by the parent holding company: n/a Item 8) Identification and classification of members of the group: n/a Item 9) Notice of dissolution of group: n/a Item 10) Certification: By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect. Signature ----------- After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. -------------------------------- Date February 12, 2015 Sarbit Advisory Services Inc. By___________________________________________ Lawrence A. Sarbit Chief Investment Officer