Destiny Media Technologies Inc.

Description

Destiny Media Technologies Inc. is a software technology firm that provides secure distribution solutions for digital content, primarily in the audio-video format. The firm was incorporated in August 1998, originally under the laws of Colorado, but effectively from October 2014, its corporate jurisdiction switched to Nevada.

Destiney Media Technologies Inc. is a public company listed on the TSX Venture Exchange, where its common shares are traded under the trading symbol DSY. The company is also listed on the United States OTCQB market under the trading symbol DSNY.

The Vancouver-headquartered company is engaged in the development and marketing of Software-as-a-Service (SaaS) technology-based solutions to tackle the critical challenges faced by digital and promotion businesses that operate in the music industry. Its proprietary technology enables the distribution of digital media files via the internet in live streaming and digital download format.

The company provides Clipstream that allows non-technical customers to upload video files playable on all modern browsers. Play MPE® is the crux of the company. It is a music distribution and promotion platform that links record labels and music artists to influential music producers across the world. Play MPE increases the probability of the music becoming popular and, as a result, increases the revenue of the record labels and artists directly.

The company’s music platform currently serves global record labels, Epitaph, Broken Bow, Sony Entertainment, Warner Music, Beggars, Big Machine, BMG, Curb I Word, Universal Music, and many more. Its services are backed by proprietary security, watermarks and instant play streaming media technologies.

They offer audio and video formatted streaming solutions and facilitate secure media file distribution worldwide. The majority of the company's clientele are from the United States, Australia and Europe. The music-focused firm leverages its ever-growing platform to expand data tracking, integration and enhance functionality that would enable production and add valuable business-to-business products and services in the global music industry.