VANCOUVER, March 3, 2014 /CNW/ - Destiny Media Technologies, Inc. (TSXV:
DSY) (OTCQX: DSNY), provider of the global standard for the secure
distribution of pre-release music to radio and other music industry
professionals, is pleased to announce an agreement with Shazam
Entertainment Limited, the world's leading media engagement company,
whereby Destiny's Play MPE® system will automatically transmit digital
fingerprints and meta data to Shazam servers.
Shazam collects acoustic fingerprints of music and matches it against
its database of more than 35 million songs, allowing its more than 85
million monthly active users in 200 countries to quickly identify the
name and artist of a song they hear over the radio. With this
agreement, Shazam's fingerprinting technology will be integrated into
the Play MPE® system. This will provide Shazam with data access to the
thousands of tracks Destiny distributes each week from the major record
labels and thousands of independent labels from around the world.
The Shazam integration with Play MPE® will benefit both consumers and
record labels by increasing the likelihood of successful song
identification closer to the release date. The recognition and
availability of song information allows the consumer to learn more
about an artist, leading to a positive impact on digital sales.
"Shazam is known for its music discovery capabilities by music fans all
over the world. By incorporating their song fingerprints into the Play
MPE® system, we are simplifying the process for our record label and
independent artist customers to introduce new music. Making delivery
of pre-release music simple, secure and cost effective are all keys
to our success thus far, and will continue to be the main drivers for
the global adoption of Play MPE®," said Fred Vandenberg, CFO of Destiny
Media Technologies, Inc.
About Play MPE® and Destiny Media Technologies, Inc.
Play MPE® is trusted by world's largest record companies to efficiently
and securely distribute music to radio and music reviewers. Play MPE®'s
distribution network consists of the most relevant recipients in the
music industry. Patents and pending patents include techniques for
watermarking, digital locking and cross platform player-less streaming
For daily music distribution announcements please visit http://daily.plaympe.com or follow us on Twitter at https://twitter.com/PlayMPE or on Facebook at https://www.facebook.com/dailyplaympe
Shazam is the world's leading media engagement company with more than
350 million people in more than 200 countries and adding more than two
million new users each week. With the industry's unlimited fastest
tagging in the Free and premium Encore Apps on iOS and Android devices,
Shazam is the best way for people to discover, explore, buy, and share
more music, TV shows and branded content they love.
For further information about Shazam Entertainment visit www.shazam.com and @ShazamNews. You can also follow us on Facebook or Google+. For daily music updates
follow the Shazam Blog and @Shazam.
The Shazam, Shazam Encore, LyricPlay, Shazam for TV names and icons are
trademarks of Shazam Entertainment Limited.
The initial agreement is for one year.
SOURCE: Destiny Media Technologies, Inc.
For further information:
Investor Relations Contact:
Three Part Advisors