Destiny Media extends Universal Music agreement to 2028; fees set at $1.6M for 2026 with 2% annual increase

DESTINY MEDIA TECHNOLOGIES INC

Three-year extension of Online Content Distribution Services Agreement with Universal Music through December 31, 2028.
Service fees of USD $1.6 million for 2026, increasing 2% annually for the remainder of the term.
Reduced engineering development requirements after Universal Music fully transitioned to Play MPE online platform.
Longest term ever agreed and first multi-year agreement with annual inflation adjustment.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.