#Music Creators #Duetti #Royalty Deals

Duetti's New Era of Financial Empowerment for Musicians

In a significant move for the independent music community, Duetti, a leader in music financing and catalog services, is making waves with its latest announcement. Following a successful funding round that secured $200 million, the company is expanding its offerings to include royalty and publishing catalog deals alongside traditional masters agreements. This expansion aims to empower songwriters, producers, and sound recording collaborators, providing them with new avenues to monetize their work and gain financial freedom.

The Power of Expanded Offerings

Duetti's fresh strategy revolves around the simple premise of unlocking financial potential for creators who often find themselves overwhelmed by the complexities of music rights. Many independent artists have historically struggled to access traditional catalog deals. Led by CEO Lior Tibon, Duetti aims to democratize access to finance, ensuring that more artists can reap the rewards of their creative endeavors.

The latest funding has been organized through two credit facilities: a substantial $150 million bank facility managed by Truist Securities Inc. with notable support from Truist Bank and City National Bank, alongside a $50 million side facility arranged by Viola Credit. These financial resources will be used to propel growth and provide more equitable access to funding in the music sector.

Creating New Opportunities

The introduction of royalty and publishing cash deals, which complement the existing master agreements, gives independent artists the chance to earn more from their music. Artists generating at least $2,000 annually from their rights can now take advantage of Duetti's innovative deal structure. This approach allows them to sell their rights, royalty shares, or portions of their catalog according to their unique circumstances, providing much-needed flexibility.

With a transparent revenue breakdown and a user-friendly cash deal process, Duetti ensures that artists can receive upfront, lump-sum payments without worrying about hidden fees or long-term commitments. This model is designed to enhance artists' overall earnings and mitigate the financial risks commonly associated with launching and maintaining a music career.

Comprehensive Artist Support

What sets Duetti apart is not just the financial backing but also the extensive catalog management and marketing support provided to its partnered artists. The platform offers unique growth opportunities for musicians, assisting them with distribution playlisting, advertising, press outreach, and fan engagement strategies.

Real-life success stories lit up the industry’s attention, like that of singer-songwriter Anuhea, who shared her experience with Duetti’s support, emphasizing how it revolutionized her music's reach and earning potential. Marketing efforts led to her song