---
schema_version: "secwatch.filing_event.v1"
accession: "0001062993-25-017471"
form_type: "8-K"
ticker: "DSNY"
cik: "0001099369"
company_name: "DESTINY MEDIA TECHNOLOGIES INC"
filed_at: "2025-12-23T23:59:59+00:00"
generated_at: "2026-05-16T12:13:23.604959+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001062993-25-017471
- form_type: 8-K
- ticker: DSNY
- cik: 0001099369
- company_name: DESTINY MEDIA TECHNOLOGIES INC
- filed_at: 2025-12-23T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1099369/000106299325017471/0001062993-25-017471-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1099369/000106299325017471/form8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001062993-25-017471
- JSON: https://secwatch.observer/filing/0001062993-25-017471.json
- Plain text: https://secwatch.observer/filing/0001062993-25-017471.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.