1995 in film in the context of Die Hard with a Vengeance

Dolby Digital, originally synonymous with Dolby AC-3 (see below), is the name for a family of audio compression technologies developed by Dolby Laboratories. Called Dolby Stereo Digital until 1995, it uses lossy compression (except for Dolby TrueHD). The first use of Dolby Digital was to provide digital sound in cinemas from 35 mm film prints. It has since also been used for TV broadcast, radio broadcast via satellite, digital video streaming, DVDs, Blu-ray discs and game consoles.

Dolby AC-3 was the original version of the Dolby Digital codec. The basis of the Dolby AC-3 multi-channel audio coding standard is the modified discrete cosine transform (MDCT), a lossy audio compression algorithm. It is a modification of the discrete cosine transform (DCT) algorithm, which was proposed by Nasir Ahmed in 1972 for image compression. The DCT was adapted into the MDCT by J.P. Princen, A.W. Johnson and Alan B. Bradley at the University of Surrey in 1987.

The 68th Academy Awards ceremony, organized by the Academy of Motion Picture Arts and Sciences (AMPAS), honored the best films of 1995 in the United States and took place on March 25, 1996, at the Dorothy Chandler Pavilion in Los Angeles beginning at 6:00 p.m. PST / 9:00 p.m. EST. During the ceremony, AMPAS presented Academy Awards (commonly referred to as Oscars) in 24 categories. The ceremony, televised in the United States by ABC, was produced by David Salzman and Quincy Jones and directed by Jeff Margolis. Actress Whoopi Goldberg hosted the show for the second time, having previously presided over the 66th ceremony in 1994. Three weeks earlier, in a ceremony held at the Regent Beverly Wilshire Hotel in Beverly Hills, California, on March 2, the Academy Awards for Technical Achievement were presented by host Richard Dreyfuss.

Braveheart won five awards, including Best Picture. Other winners included Apollo 13, Pocahontas, Restoration, and The Usual Suspects with two awards and Anne Frank Remembered, Antonia's Line, Babe, A Close Shave, Dead Man Walking, Leaving Las Vegas, Lieberman in Love, Mighty Aphrodite, One Survivor Remembers, Il Postino: The Postman, and Sense and Sensibility with one. The telecast garnered almost 45 million viewers in the United States.