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DSNY News: Current Report Filing (8-k)

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iamlong   Monday, 12/03/18 02:50:44 PM
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DSNY News: Current Report Filing (8-k)

Item 8.01 Other Events

On November 30, 2018, UMG Recording Services, Inc. (“Universal Music”) renewed its Online Content Distribution Services Agreement (the “Agreement”) with Destiny Media Technologies Inc. for use of Play MPE®. The term of the Agreement has been extended to December 31, 2020 and includes a 14 per cent increase in monthly fees from Universal Music, effective January 1, 2019, to accommodate their expanded use of the Play MPE® system.

https://ih.advfn.com/p.php?pid=nmona&article=78803310



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