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Labrish
Nyuuz
Xposure Music bags millions, indie artists eye new heights
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[QUOTE="Munyaradzi Mafaro, post: 74450, member: 636"] Montreal-based Xposure Music just locked down $42.5 million through a mix of debt from Andalusian Credit Partners and equity from private investors and family offices, bringing their total haul past $50 million since launching in 2021. The platform uses machine-learning tech to bankroll indie artists and buy up catalogs, claiming they've funded close to 100 artists over the past year and a half while dropping eight figures into music rights across different genres. The cash injection comes after they teamed up with Too Lost for distribution and co-funding deals. Co-CEOs Ryan Garber and Gregory Walfish said the money lets them scale up catalog acquisitions and give independent artists the same financing options that used to be reserved for major-label talent, with Too Lost handling the admin and royalty processing once deals close. [/QUOTE]
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Labrish
Nyuuz
Xposure Music bags millions, indie artists eye new heights
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