RoyFi, a royalty advance platform established in 2021, has announced new partnerships with major music distributors to provide funding solutions for artists, songwriters, and independent labels.

Key Partnerships:

• Distro Nation (Live Nation spin-off with 150+ artists)
• KMG Distribution (invite-only distributor)
• CodeSwitch Agency (Atlanta-based independent distributor)
• Existing partners: Beatroot Distribution, Unchained Music, and Earthprogram

Unique Features:

• Flat repayment amount that never increases
• Early recoupment fee reduction
• No prepayment penalties
• Advance amounts from $250 to $1 million
• Advances based on past and projected earnings

Benefits for Distributors:

• Provides advances distributors normally wouldn't offer
• "Advances as a service" financial structure
• Low-risk marketing funding opportunities
• Simple integration (as few as four clicks)
• Available through straight referral basis

Global Expansion:

• Currently processing $1 million monthly in advances
• 30% international client base
• Expanding into Europe, Canada, and UK markets
• Focus on organic growth through word of mouth

The platform differentiates itself by not being affiliated with catalog acquisition companies, instead focusing on helping artists maintain control of their rights while accessing necessary funding for career development.

Partner Testimonials:

"We chose RoyFi because we were looking for a partner who values artists as much as Distro Nation does with deals that are fair and transparent." - Jon Baltz, CEO of Distro Nation

"RoyFi is providing us with the financial means to get bigger deals done with artists while still offering them equitable terms required in the independent distribution space." - Ross Robey, KMG Distribution Manager

Related Articles

Previous Articles