Destiny Media Technologies INC: directors' dealings · United States · SEC (Form 4)

About Destiny Media Technologies INC

Destiny Media Technologies Inc. (ticker DSNY) is a U.S.-registered company whose shares trade on the OTCQB in the United States under the symbol DSNY; for investors, it sits at the intersection of media software, communication tools, and niche SaaS. The company was incorporated in August 1998 in Colorado and later changed its corporate jurisdiction to Nevada in 2014. Its principal executive office is in Vancouver, British Columbia, which means Destiny is a U.S. issuer with operational roots and management infrastructure that are largely Canadian and North American in practice. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1099369/000106299325016994/form10k.htm)) Destiny’s core business is Play MPE®, a cloud-based SaaS platform built for promotional music distribution and marketing. The service lets record labels and artists distribute broadcast-quality audio, video, images, promotional materials, metadata, and other digital assets to targeted music-industry recipients such as radio programmers, streaming broadcasters, music reviewers, film and TV personnel, DJs, and other curators. In its latest annual filing, the company states that Play MPE® was first to market in its category and remains the largest provider of this service, with a feature-rich platform designed for professional music promotion workflows. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1099369/000106299325016994/form10k.htm)) Destiny’s commercial model is centered on helping labels improve campaign efficiency, secure content, and reach the right decision-makers at the right time. The company’s customer base ranges from independent artists and smaller labels to major global groups including Universal Music Group, Warner Music Group, and Sony Music Entertainment, underscoring the platform’s industry credibility. Destiny also offers Caster, a cloud-based release creation and scheduling tool, and MTR™, a radio and digital airplay tracking product launched in North America to extend the company’s analytics and measurement capabilities. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1099369/000106299325016994/form10k.htm)) From a competitive standpoint, Destiny emphasizes barriers to entry created by workflow integration, curated recipient lists, and network effects. The company says Play MPE® maintains more than 400 targeted lists and roughly 17,000 active recipients across more than 60 countries, supporting its international distribution reach. It also highlights a long-standing presence in the United States across genres such as Christian, Country, NPR/non-commercial, College, Triple A, and Americana, which helps anchor its domestic market position. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1099369/000106299325016994/form10k.htm)) Recent developments are important for investors. In February 2026, Destiny announced that CEO Fred Vandenberg stepped down and that Chairman Hoch Cho was appointed interim CEO while the board searches for a permanent replacement. In its latest quarterly reporting, the company said MTR™ still represents a small portion of revenue, but it is being developed as a growth vector alongside Play MPE® and may deepen monetization over time through cross-platform use. Overall, DSNY remains a small-cap, niche software company with a concentrated but defensible market position, recurring SaaS characteristics, and a product set aimed at music-industry promotion and measurement. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1099369/000106299326000714/exhibit99-1.htm))