Company: DSNY
Filing Date: 2025-01-14
Form Type: 10-Q
Source: 0001062993-25-000745
Chunk: 5

Company: DESTINY MEDIA TECHNOLOGIES INC
Filing Date: 2025-01-14
Form: 10-Q
Item: Part I, Item 2
Chunk 5
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 a unique account environment allowing for its own unique setup, list curation, favorites, staff roles, templates etc. These unique environments also improve release security for a record label with a large global footprint.Global release sharing (replication): With global release sharing, distribution centers can share a release to a territory.  That territory then can reuse the release while localizing it to suit the particular needs of that jurisdiction (editing language, artist information, local concert dates, local contacts etc). This eliminates duplication of upload and data entry while reducing errors.  In the context of global distribution, across multiple territories, multiple labels, and thousands of unique releases, savings of staff time is significant.  Metadata completeness and accuracy are also increased. When complete metadata is conveyed, recipient engagement is higher.  Higher recipient engagement, increases record label revenue.  Within the included metadata are ISRC codes which are unique codes used to remit track royalties globally.  When ISRC codes are communicated, royalty remittances are complete and timely. These aspects provide significant competitive advantages.Release embargos: When marketing and promotion departments create global campaigns for highly anticipated music releases, staff restrict access to this content until the public release time.  Here, record labels can permit early access to the relevant content so local offices can edit, localize and schedule releases but controls are added to restrict certain permissions and prevent premature release.  Our largest client enjoys competitive advantages with these capabilities derived through cost savings and improved marketing campaigns.  Absent these functions, global release coordination is more costly, less coordinated and often delayed.12Asset repository integration: With this integration, Play MPE® automatically captures music, art, and associated metadata from an archival repository of our largest client, vastly reducing errors in release creation and data entry while making the process quicker.  This further expands the competitive advantages enjoyed in global release sharing.Release management: There are numerous capabilities within release management that are necessary for efficient global release management. Content owners can change DRM for specific recipient groups within a release and quickly remove content globally if necessary etc.Asset management:  Assets include music tracks, album art, metadata etc. Within the assets management portion, several features allow assets to be used, recomposed, combined, recombined etc. Features here allow efficient and quick delivery of new releases. Various aspects of assets management are used in global distribution situations.Release scheduling: While release scheduling is available for local distribution, many additional administrative features are designed to facilitate actions that reduce staff time in a global environment.Contacts management: Critically important to all promotions is