MusicDish e-Journal - August 14, 2018
MusicDish Advertising Network
» HOME » INSIDER SCOOP » CAREER TIPS » MUSIC SPOTLIGHT » MUSICDISH*CHINA
» INDUSTRY INTERVIEWS » NEWS BEAT » DIGITAL SKOOL » OPEN REVIEW » MUSICDISH EDELWEISS
Search MusicDish e-Journal (Advanced)
Subscribe To MusicDish e-Journal
About | Contact | Advertise | RSS | Submit Article | Submit News | Artist Development | Premium PR Distribution
Mi2N | MusicDish*China | MusicDish Network | MusicDishTV | Urban Music News Network

Destiny Media Technologies cans CFO
By Jon Newton, p2pnet.net
(more articles from this author)
2002-02-07
Comment | Email | Print | RSS

Music Industry News - as it happens
Source: Mi2N - February 4, 2002

Vancouver, Canada's, Destiny Media Technologies has dropped its plans to spin off of its Audiomail, Clipstream and very cool VideoClipstream Java-based streaming audio and video on-demand technologies, and fired its CFO, hired only last year to manage the spin-off, "and the financing process," as DMT says in a press release. On its web site, the company says Destiny Software was founded in 1991 as a video game development company. In 1995, it, "took advantage of proprietary compression algorithms created for the game industry to develop a suite of streaming products. In 1999, the company was purchased by Destiny Media Technologies, Inc."

Its press release says, "The board of directors concluded that the spin-off financing technique would not ultimately benefit the shareholders of Destiny and has accordingly determined to proceed with the marketing and distribution of its products through its existing subsidiary, Destiny Software Productions Inc," adding that it, "has notified AVC Venture Capital Corp. that it will not participate in that company's proposed arrangement with the proposed spin-off company, Clipstream Technologies Inc". AVC Venture Capital Corp is also Canadian.

Related News from Mi2N:
» Destiny Media Technologies, Inc. Announces Discontinuance Of Planned Spinoff Of Clipstream Technology Inc.


Home » News Beat » Destiny Media Technologies cans CFO
Permalink:http://www.musicdish.com/mag/?id=5245
Email |Print |Comment |RSS

back | top


MusicDish Advertising Network

News Beat

» 13 Music Label Sold to MTN

» Darcus Beese Named President Of Island Records

» ASCAP Revenues Top $1.144 Billion In 2017

» BMG Appoints New Creative Directors In Nashville

» Live.me Launches Its First Live Musical Themed Content Series

News Beat Directory



» [2018-06-23] The 2018 MIDEM Silk Road International Music Alliance Signing; International Music Industries Signing Of A Mutual Resource Sharing Agreement With Shanghai Conservatory Of Music & The China Records Group

» [2018-06-06] Screen Music Connect To Explore The Music Of Film, Television And Interactive Media; Created By James Hannigan, Award-winning Composer And Game Music Connect Co-founder, Screen Music Connect Builds On The Success Of The Sold-out Game Music Conferences

» [2018-06-05] Fred Casimir To Develop BMG's Global Recordings Business; As Well As Building BMG's European Infrastructure, Casimir Was Instrumental In Developing BMG's Recordings Business

» [2018-06-03] 13 Music Label Sold To MTN; DSN Music Spins Off Record Label To Albuquerque Music Entrepreneur's New Group

» [2018-06-02] CISAC 2018 Annual Report; A Comprehensive Overview Of The Confederation's Work To Serve 4 Million Creators And 239 Authors Societies Across The World

» [2018-06-02] MusicDish Announces A Love Electric 2018 China Tour; The Tour Will Crisscross Through China With 12 Shows In 8 Cities, Including Guangzhou, Dongguan, Zhuhai, Shenzhen, Kunming, Jiaxin, Wuhan And Beijing

» [2018-06-02] Darcus Beese Named President Of Island Records; Renowned U.K. Music Executive To Join Universal Music Group's U.S. Label Leadership

» [2018-05-17] Avant-Garde Label Maybe Noise Launches In Beijing; The Official Launch Will Be On May 26 At Magnet Theater With A Performance Supporting Its First Vinyl Release: Píng Zč

» [2018-05-04] Award-Winning Lithuanian Rock Band Colours Of Bubbles "She Is The Darkness" 2018 China Tour; The Tour Will Kickoff In Shanghai Where The Band Will Represent Lithuania During The Country's Signing To The Silk Road Music Alliance

» [2018-05-01] Hollywood Heavyweights Launch New Christian Music Label; Their Debut Release, Firma Collective - Songs For Every Soul, Was Produced By Mgrdichian And Mixed By The Legendary Brian Reeves

» [2018-04-30] Pop Artist Ava King Releases New Single; Paris-born Ava King Decided To Move To Beijing Where She Wrote For One Of The Biggest Chinese Movie Production Companies, HuaYi Brothers

» [2018-04-27] NetEase Cloud Music Sign Distribution Partnership With B2 Music; Chinese Music Streaming Service To Release Billboard "Best Of Asia" Album Series
MusicDish Advertising Network

follow MusicDish on
Follow MusicDish on Twitter

Mi2N Music PR

OcnSide Releases Summery Indie-Pop Single “Taking Me Over”

indieOn Connects Music To The Blockchain And Creates Better Experiences For Artists And Music Fans

Singer/Songwriter Mariel Darling Releases First Single And Video “No Mirrors”

LESLIE WOODS RELEASES FIRST NEW MUSIC IN THREE YEARS

LA Alt Rock Band VATTICA Release New Single Criminal

HighVolMusic Throwing End Of Summer Party!

Pace Pictures Posts Live Video Series For Benedict Cork



Websites: Mi2N | MusicDish*China | MusicDish Network | MusicDishTV | Urban Music News Network
Services: Submit Article | Submit News | Submit Video | Artist Development | Premium PR Distribution

Copyright © 1997-2018 MusicDish LLC., all rights reserved.
About MusicDish e-Journal | Contact Us | Advertise | RSS | Internships