Destiny Media Technologies Inc. has extended its Online Content Distribution Services Agreement with Universal Music Group Recording Services, Inc. for an additional three years, through December 31, 2028. The agreement sets service fees at USD $1.6 million for the 2026 calendar year, with a 2% annual increase for the remainder of the term. The revised fee structure reflects reduced engineering development requirements following Universal Music’s transition to the Play MPE® platform. Additional development services will be subject to separate fees. This extension is the longest agreed to date and is the first to include an annual inflation adjustment over a multi-year period.

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