Destiny Media Tech Inc (DSNY)

[stpioc]

["I think basically what happened with UMG is they lowered the fixed contract value but gave DSNY the chance to earn more if they (DSNY) could get other UMG subsidiaries / countries to adopt and would be paid based on volume. I think Steve complained about having to go and sell these other divisions of UMG. Steve obviously thought it would be easier to do this"]

Certainly possible, but I have two questions:

1) They basically argue that it is out of their hands, on multiple CCs we hear UMG moves in first, then the others, followed by independents. That's what they say anyway, whether that completely reflects reality I dunno.

2) Given that they are pretty cagey about the UMG contract (confidentiality and all that..) out of my memory there isn't really anything in the public domain warranting this interpretation, so I'm a little curious on what you base it.