Destiny Media Technologies
Vancouver, British Columbia, Canada · Music, Software
Destiny Media Technologies Inc. provides software as service (SaaS) solutions to businesses in the music industry solving critical problems in distribution and promotion. The core service, Play MPE®, is the world's leading provider of music promotional delivery services, dedicated to empowering artists and industry professionals with innovative solutions for success in the digital age.
Key facts
- Headquarters
- Vancouver, British Columbia, Canada
- Employees
- 19
- Industries
- Music, Software
- Status
- Public (DSNY)
- Website
- dsny.com
- Company page
Recent activity at Destiny Media Technologies
- : SEC 8-K (5.02): Effective July 15, 2026, Destiny Media Technologies Inc. appointed Sharath Cherian as the Chief Executive Officer and President, while Hyonmyong 'Hoch' Cho transitioned from Interim Chief Executive Officer to continue as Chairman of the Board. This change reaffirms the company's commitment to strategic leadership, as Mr. Cherian previously advised the Board as a strategic consultant since February 2025. Along with his appointment, the company entered into an Employment Agreement with Mr. Cherian, which stipulates an annual base salary of $240,000 and potential performance bonuses. Additionally, Mr. Cherian will receive options for 482,000 shares of the company’s common stock, signaling a proactive approach to incentivizing his leadership in the company's future growth.
- : Destiny Media Technologies Appoints Sharath Cherian as Chief Executive Officer
- : SEC 8-K (5.02): Fred Vandenberg has stepped down from his position as President and Chief Executive Officer of Destiny Media Technologies Inc., effective February 9, 2026, to pursue other interests. The company has begun a search for a new CEO in light of this transition. In the interim, Hyonmyong ('Hoch') Cho, who also serves as the Chairman of the Board of Directors, has been appointed to take over the responsibilities of the CEO. This leadership change comes as part of the company's strategic realignment and future growth initiatives.
- : Destiny Media Technologies Extends Agreement with Universal Music Group
- : SEC 8-K (8.01):
- : SEC 8-K (8.01): On December 19, 2025, Destiny Media Technologies Inc. extended its Online Content Distribution Services Agreement with Universal Music Group Recording Services, Inc. for an additional three years, now running through December 31, 2028. The service fees are set at USD $1.6 million for the year 2026, increasing by 2% annually thereafter. This change reflects reduced development requirements after Universal Music's complete transition to the Play MPE® online platform. The agreement also stipulates separate fees for any additional development services required and excludes distributions to certain clients not covered under the Agreement. This extension strengthens the long-term relationship between Destiny Media and Universal Music.
- : Destiny Media Technologies Inc. launched Caster and Caster +, enhancing digital asset management capabilities for businesses in the music industry.
- : Destiny Media Technologies Appoints Assel Mendesh as Chief Financial Officer
Leadership
- Dave Summers, Board of Directors
- Sharath Cherian, Chief Executive Officer
- Annie Lam, Good
- Assel Mendesh, Chief Financial Officer
- Assel Mendesh, Chief Financial Officer
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Destiny Media Technologies in the news
- Destiny Media Technologies Inc. Appoints Sharath Cherian as Chief Executive Officer, Effective July 15, 2026 - Yahoo Finance (Jul 14, 2026)
- Destiny Media Technologies Inc. Announces Fiscal 2026 Third Quarter Results - TradingView (Jul 14, 2026)
- Destiny Media Technologies Inc. (DSY.V) Stock Price, News, Quote & History - Yahoo! Finance Canada (May 22, 2017)
- DSNY Stock Price and Chart — OTC:DSNY - TradingView (Sep 14, 2017)
- Samuel Jay Graber Net Worth (2026) - GuruFocus (Aug 21, 2023)
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About Destiny Media Technologies: questions and answers
What does Destiny Media Technologies do?
Destiny Media Technologies Inc. provides software as service (SaaS) solutions to businesses in the music industry solving critical problems in distribution and promotion. The core service, Play MPE®, is the world's leading provider of music promotional delivery services, dedicated to empowering artists and industry professionals with innovative solutions for success in the digital age.
Where is Destiny Media Technologies headquartered?
Destiny Media Technologies is headquartered in Vancouver, British Columbia, Canada.
How many employees does Destiny Media Technologies have?
Destiny Media Technologies has about 19 employees.
Who leads Destiny Media Technologies?
Sharath Cherian is a Chief Executive Officer at Destiny Media Technologies.
What is the latest news on Destiny Media Technologies?
On Jul 16, 2026, SEC 8-K (5.02): Effective July 15, 2026, Destiny Media Technologies Inc. appointed Sharath Cherian as the Chief Executive Officer and President, while Hyonmyong 'Hoch' Cho transitioned from Interim Chief Executive Officer to continue as Chairman of the Board. This change reaffirms the company's comm
Is Destiny Media Technologies a public company?
Yes. Destiny Media Technologies is publicly traded under the ticker DSNY.
Source: Fundz records from SEC filings, press releases and company announcements. How Fundz measures data accuracy