Since then it raised a $57m funding round in February 2021, and then powered the launch of a new collecting society called RME focused on royalties from user-generated content. Now Pex is banging another drum to alert the music industry to a potential problem: ‘modified audio’. That means music tracks that have been modified: most famously with sped-up songs in apps like TikTok, but also other kinds of alterations designed to evade takedowns.
Source: Pex claims streaming services have a ‘modified audio’ problem – Music Ally