{"id":139206,"date":"2025-03-04T12:10:23","date_gmt":"2025-03-04T17:10:23","guid":{"rendered":"https:\/\/www.cyberlego.com\/web\/2025\/03\/04\/duetti-secures-200-million-in-credit-for-indie-artists-catalogs\/"},"modified":"2025-03-04T12:10:23","modified_gmt":"2025-03-04T17:10:23","slug":"duetti-secures-200-million-in-credit-for-indie-artists-catalogs","status":"publish","type":"post","link":"https:\/\/www.cyberlego.com\/web\/2025\/03\/04\/duetti-secures-200-million-in-credit-for-indie-artists-catalogs\/","title":{"rendered":"Duetti Secures $200 Million in Credit For Indie Artists\u2019\u00a0Catalogs"},"content":{"rendered":"

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\n\tDuetti, a growing catalog acquisition company that works with independent artists, said on Tuesday it has secured $200 million from a group of banks led by Truist.<\/p>\n

\n\tDuetti says it will use the new lines of credit to finance the acquisitions of royalty and publishing catalogs, masters rights, and an expansion into \u201ccatalog management and marketing opportunities for a broader set of recording artists, songwriters, producers, and other collaborators,\u201d according to a statement. <\/p>\n

\n\tLaunced in 2022 by former Tidal COO\u00a0Lior Tibon<\/strong>\u00a0and former Apple Music business development executive\u00a0Christopher Nolte<\/strong>, the company has taken advantage of a surge in interest from Wall Street funders in companies that provide services to independent musicians and creators. <\/p>\n

\n\tIn October, Duetti raised $114 million<\/a> including $34 million in equity financing from Flexpoint Ford, Nyca Partners and Viola Ventures. (The remaining $80 million was raised through the sale of a privately rated asset-backed security, structured and placed by Barclays.) <\/p>\n

\n\tViola Credit, which provided $50 million of the credit Duetti announced Tuesday (March 4), is the alternative credit asset management arm of Viola Group, which also includes Viola Ventures. Duetti said a $150 million bank facility was led by Truist Securities, with Truist Bank,\u00a0City National Bank and Regions Bank as participating as joint lead arrangers.\u00a0<\/p>\n

\n\tDuetti says it works with independent artists who earn at least $2,000 a year from their music by providing cash in exchange for \u201ctheir rights, royalty shares, or portions of their catalog \u2026 allowing them to unlock financial value from their work \u2026 ultimately making it easier for independent creators to earn money.\u201d<\/p>\n

\n\tThe company, which employs 45 people based in Miami, New York, Los Angeles and London, has worked with more than 700 artists on deals worth as much as $7 million.<\/p>\n<\/p>\n<\/div>\n<\/div>\n

Aller \u00e0 la source<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Duetti, a growing catalog acquisition company that works with independent artists, said on Tuesday it has secured $200 million from a group of banks led by Truist. Duetti says it will use the new lines of credit to finance the acquisitions of royalty and publishing catalogs, masters rights, and an expansion into \u201ccatalog management and […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[17],"tags":[],"class_list":["post-139206","post","type-post","status-publish","format-standard","hentry","category-musique","et-doesnt-have-format-content","et_post_format-et-post-format-standard"],"_links":{"self":[{"href":"https:\/\/www.cyberlego.com\/web\/wp-json\/wp\/v2\/posts\/139206","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.cyberlego.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.cyberlego.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.cyberlego.com\/web\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.cyberlego.com\/web\/wp-json\/wp\/v2\/comments?post=139206"}],"version-history":[{"count":0,"href":"https:\/\/www.cyberlego.com\/web\/wp-json\/wp\/v2\/posts\/139206\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.cyberlego.com\/web\/wp-json\/wp\/v2\/media?parent=139206"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cyberlego.com\/web\/wp-json\/wp\/v2\/categories?post=139206"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cyberlego.com\/web\/wp-json\/wp\/v2\/tags?post=139206"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}