fromAlleywatch
11 hours agoDuetti Raises $200M to Close the $160B Gap in Independent Music Financing
As independent music reaches $160B in market value and commands nearly half of the global music industry, a critical disconnect persists: while indie creators now generate 47% of all recorded music revenue, catalog financing remains concentrated among the top 1% of artists. This gap forces emerging and mid-tier creators to choose between waiting years for streaming royalties that may never materialize at scale or signing away their rights through exploitative deals with hidden terms and recoupment structures.
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