193 unchanged sentences
These adjustments led to recovery of revenue in the latter half of the fiscal year.
−Removed: Play MPE® has maintained its global distribution agreement with our largest client.
−Removed: Play MPE® has been providing distribution to our largest client since 2004 and has had a global distribution agreement since 2009.
−Removed: Our largest client's distributions have grown dramatically since 2018 from expanded use in new territories and growing use of the online version of the platform.
−Removed: This client regularly uses Play MPE® for distribution in over 40 countries around the globe.
−Removed: Both a PC application and the online Caster platform are available.
−Removed: Caster's local distribution tools were launched in 2018, while the global architecture platform was launched in January 2022.
−Removed: As described above, Play MPE® has several global distribution features that provide competitive advantages that enhance label revenue and provide substantial efficiencies in the process.
−Removed: However, while Play MPE® has Major Record Label and international independent commercial use in several territories, Play MPE® does not currently have other global agreements in place.
Developing markets
26 unchanged sentences
The growing recipient engagement has helped the Company secure several exclusive agreements with independent record labels within the territory.
−Removed: Play MPE® has been in active use by Universal Music South Africa within South Africa since 2016.
+Added: Play MPE® has active use by Universal Music South Africa and Warner Music South Africa.
Play MPE® has now developed an established user base and brand recognition.
−Removed: Warner Music South Africa entered into an exclusive two-year renewable agreement with Play MPE® at the beginning of fiscal 2022.
−Removed: South African total revenue was immaterially up over prior year.
+Added: South African independent label revenue is an area targeted for growth as well as leveraging South Africa' use to expand into Africa more broadly.
Radio monitoring (MTR™)
9 unchanged sentences
OUR BUSINESS OPERATIONS
−Removed: In 2017, the Company entered into a lease agreement commencing July 1, 2017, and expiring June 30, 2022 consisting of approximately 6,600 square feet of office space.
−Removed: The Company terminated the lease agreement on January 31, 2022.
−Removed: Since then, the Company has secured a one-year renewable annual lease for office space in downtown Vancouver, British Columbia, scheduled to expire in April 2024.
As of November 20, 2024, the Company had 30 full-time employees and 4 full-time consultants .
70 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.