Destiny Media Tech Inc (DSNY)

[DoughDiligence]

'What am i missing' Lots of stuff.

H.264 will soon be obsoleted by H.265.

All the Amazon formats require royalty payments to the H.264 license owner if they distribute over 100,000 H.264 videos in a year. The payment is 20 cents per video transmission (I think), up to 6.5 million royalty payments per year. This may obligate the video trans-coding service users to start calculating their royalty payments. MP4 also requires royalty payments.

The Clipstream G2 format will be royalty free.

The Amazon format still requires multiple formats because Mozilla and other browser companies refuse to pay the royalty through running the videos natively - so the browsers run those video formats with a player component.