Destiny Media Technologies Inc. (OTCQB: DSNY; TSX-V: DSY) is a music-industry SaaS company that operates the Play MPE online platform for promotional music distribution. Revenue comes from record labels and artists paying to distribute broadcast-quality audio to radio stations, media outlets, and other music industry recipients through Play MPE's curated recipient lists. The company is incorporated in Nevada with principal offices in Vancouver, British Columbia, and was originally incorporated in August 1998, with its core operating subsidiary Destiny Software Productions Inc. dating to 1992. Play MPE maintains more than 400 targeted distribution lists covering approximately 17,000 active recipients across more than 60 countries, updated through proprietary curation processes. Adjusted EBITDA was $202,276 for FY2025 ended August 31, 2025, down from $577,284 in FY2024. As of November 24, 2025, the company had 9,637,410 common shares outstanding and has not declared or paid any cash dividends. Shares also trade on German exchanges (Frankfurt, Berlin, Stuttgart, Xetra) under the symbol DME1.

Revenue model

Transactional and subscription SaaS fees paid by record labels and independent artists to distribute promotional music releases through the Play MPE platform to targeted recipient lists of radio stations and media professionals.

Products and services

Play MPE: an online SaaS platform for promotional music distribution delivering broadcast-quality audio to curated recipient lists. The platform includes proprietary targeted distribution lists (400+ packages, ~17,000 active recipients across 60+ countries as of the FY2025 10-K), real-time list curation, and recipient analytics. Subsidiaries include Destiny Software Productions Inc., MPE Distribution Inc., Tonality Inc., and Sonox Digital Inc.

Customers and end markets

Record labels (major and independent) and independent artists are the paying customers. Recipients of distributed content include radio stations, music journalists, and other music industry professionals. The end market is promotional music distribution within the global recorded music industry.

Value-chain role

Intermediary SaaS platform sitting between music rightsholders (labels, artists) and media/broadcast recipients. The company owns and maintains the distribution infrastructure, recipient lists, and analytics tools rather than owning music rights.

Geographic exposure

Operations headquartered in Vancouver, British Columbia, Canada. Platform reaches recipients in more than 60 countries. Shares trade in the U.S. (OTCQB), Canada (TSX Venture Exchange), and Germany (Frankfurt, Berlin, Stuttgart, Xetra) as of the FY2025 10-K filing dated November 24, 2025.

Source: SEC 10-K, filed 2025-11-24

Industry: Services-Prepackaged Software