Destiny Media Technologies Inc. Expands Access to Play MPE

Rhea-AI Summary

Destiny Media Technologies Inc. (TSXV: DSY) (OTCQB: DSNY), creators of Play MPE®, has announced a significant update to its music promotion distribution platform. The company has introduced self-service account creation for record labels and independent artists, allowing users to easily explore Play MPE's ecosystem. This update is part of a series of platform enhancements planned through 2025.

The new feature aims to remove barriers to entry for independent artists, simplifying the onboarding and release creation process. This improvement is expected to expand the platform's reach into new markets, encourage larger marketing purchases, and facilitate broader music exposure. The goal is to help more artists connect with industry curators, broadcasters, and other key players, potentially increasing radio airplay and media exposure.

Positive

• Introduction of self-service account creation for record labels and independent artists
• Streamlined onboarding process expected to expand platform reach into new markets
• Potential for increased marketing purchases and broader music exposure
• Improved efficiency in distribution process
• Reduced need for manual staff engagement

Negative

• None.

Vancouver, British Columbia--(Newsfile Corp. - September 16, 2024) - Destiny Media Technologies Inc. (TSXV: DSY) (OTCQB: DSNY), creators of Play MPE®, the leading music promotion distribution platform, is thrilled to announce a major update: the introduction of self-service account creation for record labels and independent artists. This new feature empowers users to seamlessly explore Play MPE's comprehensive ecosystem, marking the first in a series of platform enhancements rolling out through 2025.

As part of our ongoing commitment to supporting independent artists, this streamlined process removes barriers to entry, making it easier for musicians to connect with industry curators, broadcasters, and other key players. By simplifying the onboarding and release creation process, we aim to enhance distribution efficiency and minimize the need for manual staff engagement.

Looking ahead, these updates will expand our platform's reach into new markets, encourage larger marketing purchases, and facilitate broader music exposure. As a result, more artists will have the opportunity to get their music in front of the right audiences, increase radio airplay, and boost the likelihood of being featured on TV and other media outlets.

"This marks an exciting new chapter for our company," said Ro Fernandez, Director of Product Management at Play MPE®. "We've created an intuitive onboarding experience that empowers artists and labels to independently manage their releases, ultimately helping them increase their exposure and royalties. Our goal is to remove the obstacles musicians face in connecting with the right audiences and maximize their promotional reach beyond streaming platforms."

About Destiny Media Technologies Inc.

Destiny Media Technologies ("Destiny") provides software as service (SaaS) solutions to businesses in the music industry solving critical problems in distribution and promotion. The core service, Play MPE® (www.plaympe.com), provides promotional music marketing to engaged networks of decision makers in radio, film, TV, and beyond. More information can be found at www.dsny.com.

Forward-Looking Statements

This release contains forward-looking statements that reflect current views with respect to future events and operating performance. Any such statements are subject to risks and uncertainties that could cause actual results to differ materially from those projected in these forward-looking statements. Destiny Media Technologies is not obligated to update these statements in the future. For more information on the Company's risks and uncertainties relating to those forward-looking statements, please refer to the Risk Factors section in our Annual Form 10-K for the fiscal year ended August 31, 2023, which is available on www.sedarplus.ca or www.sec.gov.

For inquiries, please contact:
Fred Vandenberg
CEO, Destiny Media Technologies, Inc.
604 609 7736 x236

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/223379

FAQ

What new feature has Destiny Media Technologies (DSNY) introduced for Play MPE?

Destiny Media Technologies has introduced self-service account creation for record labels and independent artists on its Play MPE platform.

How will the new self-service feature benefit artists using Play MPE (DSNY)?

The self-service feature will remove barriers to entry, simplify onboarding, and help artists connect with industry curators and broadcasters more easily, potentially increasing their radio airplay and media exposure.

What are Destiny Media Technologies' (DSNY) plans for Play MPE through 2025?

Destiny Media Technologies plans to roll out a series of platform enhancements for Play MPE through 2025, with the self-service account creation being the first major update.

How does Destiny Media Technologies (DSNY) aim to expand its market reach with the new Play MPE update?

The streamlined process is expected to expand Play MPE's reach into new markets, encourage larger marketing purchases, and facilitate broader music exposure for artists.