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Duetti Secures $200 Million in Credit For Indie Artists’ Catalogs

Duetti has secured $200 million from Viola Credit and another bank to finance acquisitions of royalty and publishing catalogs, and masters rights.

Duetti, a growing catalog acquisition company that works with independent artists, said on Tuesday it has secured $200 million from Viola Credit and another bank. Duetti says it works with independent artists who earn at least $2,000 a year from their music by providing cash in exchange for “their rights, royalty shares, or portions of their catalog … allowing them to unlock financial value from their work … ultimately making it easier for independent creators to earn money.” The 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 $3 million.

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