DES 0.00% 9.5¢ desoto resources limited

Destra Signs Another Major Retailer – Harvey NormanDestra...

  1. 380 Posts.
    Destra Signs Another Major Retailer – Harvey Norman
    Destra Continues ‘Click-n-Mortar’ Strategy

    --------------------------------------------

    Destra Corporation Limited (ASX:DES), Australia’s No 1 Digital Rights
    Management (DRM) provider, has signed an agreement with Harvey Norman
    (ASX:HVN) to provide online music through the specialised website,
    www.musicandgames.com.au.

    Destra’s CEO, Mr. Domenic Carosa said, “With the addition of Harvey
    Norman’s 157 store retail chain across Australia, we are continuing to
    focus on our ‘click-n-mortar’ strategy maintaining Destra as Australia’s
    No 1 online music company.”

    “www.musicandgames.com.au will provide our customers with a safe and
    reliable source for all their digital music needs. With Harvey Norman’s
    continued expansion into the rapidly expanding portable digital media
    market, we believe this partnership will provide an excellent
    opportunity,
    now and in the future, for promoting this category within our stores,”
    said Colin Wright, Product & Marketing Manager for Harvey Norman
    Communications.

    Harvey Norman’s 157 retail stores across Australia are widely recognised
    for selling PCs, MP3 players and home entertainment equipment in
    addition
    to general household goods.

    DestraMusic.com (100% owned by Destra) was the first company in
    Australia
    to launch a legal digital music service in December 2003, offering music
    through its network of online retail partners. Today, DestraMusic has
    access to 500,000 tracks from the major record companies including BMG
    Australia, EMI Music, FMR, Warner and Sony Music Entertainment.

    “Consumers are more comfortable embracing new technology when it is
    provided by a brand they trust and recognise. Our partnerships with
    retailers such as Harvey Norman help achieve this objective,” Carosa
    added.

    The music is in the Windows Media Architecture (WMA) format and will
    have
    built-in technology for customers to copy the songs onto a CD three
    times,
    as well as to a portable media player. The technology ensures that the
    tracks are not able to be transferred to pirate websites.

    “We have built-in technology that gives the record companies protection
    from copyright violation, but will allow customers to make copies to CD
    for playing in their car or portable CD player,” said Carosa.
 
watchlist Created with Sketch. Add DES (ASX) to my watchlist
(20min delay)
Last
9.5¢
Change
0.000(0.00%)
Mkt cap ! $5.693M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
1 53235 9.2¢
 

Sellers (Offers)

Price($) Vol. No.
9.9¢ 66407 1
View Market Depth
Last trade - 10.31am 24/06/2024 (20 minute delay) ?
DES (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.