Destiny Media Renews Agreement with Universal Music Group for Use of its Play MPE® Distribution ...

(Source: Destiny Media Technologies Inc) VANCOUVER, Jan. 6, 2015 - Destiny Media Technologies, Inc. (TSXV: DSY) (OTCQX: DSNY), today announced that effective January 1, 2016, it has renewed its agreement with Universal Music Group (UMG) to provide secured digital media content through its Play MPE®'s global distribution service. 'We are very happy to announce that we have extended our agreement with UMG,' said Fred Vandenberg, CFO of Destiny Media Technologies. 'The renewal is a two-year license agreement in which Destiny is guaranteed to generate...