pex

The digital copyright management system Pex scored a $57 million investment as it attempts to become a larger player online.

Chinese conglomerate Tencent and its subsidiary Tencent Music Entertainment participated along with investing firms the CueBall Group, NextGen Ventures Partners, Amarinthine and others.

Pex has built what it calls its "attribution engine" — free for rights holders and creators — to identify, attribute and license content on the internet.

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The second annual Music Tectonics conference announced its lineup on Tuesday, which will focus on the growing confluence of music and tech.

The conference held its inaugural run in Los Angeles last year. This year, it will take place virtually on October 27 and 28.

Dmitri Vietze, chief executive of the event's organizer, music PR firm Rock Paper Scissors, pointed dot.LA to a few notable examples of topics to be discussed in the event panels.

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  • The pandemic has ravaged the music industry, but music-tech companies are poised to drive its growth into an industry where a music company is much more than music.
  • Los Angeles is home to a bustling ecosystem of startups empowering musicians through a variety of next-generation technologies.
  • The Takeaway: Innovations in music-tech offer new tools to independent artists to help them create music, manage money, reach fans and share their music in vivid, immersive ways.
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