Play MPE® Signs Sony Australia to Exclusive Distribution Agreement
VANCOUVER, Feb. 27, 2014 /CNW/ - Destiny Media Technologies (TSXV: DSY) (OTCQX: DSNY) is pleased to announce that, effective March 1, 2014, Play MPE® will be the exclusive supplier of digital distribution services to Sony Music Entertainment Australia for promotional delivery of audio content in Australia.
Play MPE® is the promotional music distributor for Universal Music Australia, EMI Australia, Warner Music Australia, and now Sony Music Australia, as well as many independent record labels in Australia.
"We are very pleased to sign our first contract with Sony Music in Australia," said Fred Vandenberg, Chief Financial Officer for Destiny Media Technologies. "With this agreement, we expect that virtually all major radio music distribution in Australia now flows through Play MPE®, benefiting our record label customers and recipients."
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 video.
SOURCE: Destiny Media Technologies, Inc.
For further information:
CFO Destiny Media Technologies, Inc.
604 609 7736 x236
Three Part Advisors