VNUE, PEX to Form Strategic Partnership

VNUE, a top disruptive music technology company focused on revenue opportunities and rights management for artists, announced that the company has signed an MOU to form a strategic partnership with Pex, in order to pursue several initiatives surrounding VNUE’s groundbreaking Soundstr music recognition technology and Pex’s content identification technology, which identifies audio, melody, video, and lyrics in real time.

Pex is the global leader in digital rights technology, enabling the fair and transparent use of copyright online. With Pex’s industry-leading identification technology, customers can simplify copyright compliance and identify content at the speed and scale of the Internet.

Pex spent years refining and improving their technology, which utilizes advanced digital fingerprinting and matching techniques to identify content with extreme precision and accuracy.

Their infrastructure helps to enable more fair compensation and increased access to content.

This is an exciting step in the evolution of Soundstr,” said Zach Bair, CEO of VNUE, Inc. “Pex shares the same values as VNUE when it comes to music licensing and identification — fairness, particularly to rightsholders who are seldom compensated properly these days — as well as integrity and the freedom to create. We believe that there are significant opportunities between our two companies, and that Pex’s technology is significantly complementary to Soundstr, and that the results will create even more opportunities to positively affect music licensing.”

“Pex technology put rightsholders back in control which is why we are thrilled to work with a like-minded company to help provide more data to those that need it,” said Larry Mills, SVP of Sales at Pex. “Together with VNUE we hope to solve some of the key issues facing all rightsholders, but certainly those that have to date received less focus by the industry at large.”