VANCOUVER, Nov. 24, 2014 /CNW/ - Destiny Media Technologies (TSXV: DSY) (OTCQX: DSNY), the makers of Play MPE®, a system for the secure distribution of pre-release music to radio and the developer of Clipstream®, a cross-platform player-less video streaming format, today announced its financial results for the fourth quarter and fiscal year ended August 31, 2014. Fourth Quarter Results Fourth quarter revenue increased four percent over the prior year quarter to $896,681. Revenue from the Play MPE segment increased six percent versus last year, driven by increased usage by independent labels. This segment has grown in 24 of the last 25 quarters. Net loss for the fourth quarter was ($74,059),...
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