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RoyFi is solving the problem of access to money for musicians, producers, and songwriters. The company combines the most transparent, artist-friendly terms with the lowest rates in the industry, so that creatives can advance their careers while maintaining 100% ownership and control of their rights. RoyFi assumes all the financial ...

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Christian Harp
(646) 921-0481

Current News

  • 09/28/202309/28/2023

RoyFi teams up with Independence Wealth Managers to roll out an educational program for artists

RoyFi, the industry’s leading artist-first financing company, believes that advances are just the beginning of the support services that up-and-coming independent artists need. In a continued effort to promote financial literacy, RoyFi is partnering with Independence Wealth Managers (IWM) to release a series of sessions about everything artists need to know to protect and stretch their money.

Kicking off with “Budgeting 101” in December, each free session will tackle a new...

Press

  • Music, Money and Life, Interview, 10/02/2023, Financing For Artists & Creatives With Peter Harvey From RoyFi Text
  • Billboard, Highlight, 09/21/2023, The Deals: Mau y Ricky Start Label With Warner Music; Round Hill Expands Into Neighboring Rights Text
  • Limitless Magazine, Feature story, 09/14/2023, RoyFi partners with earthprogram Text
  • Record of the Day, Feature story, 09/13/2023, RoyFi partners with earthprogram, creating hub for music financing and artist development Text
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News

09/28/2023, RoyFi teams up with Independence Wealth Managers to roll out an educational program for artists
09/28/202309/28/2023, RoyFi teams up with Independence Wealth Managers to roll out an educational program for artists
Announcement
09/28/2023
Announcement
09/28/2023
RoyFi believes that advances are just the start of the support services that up-and-coming independent artists need. In a continued effort to promote financial literacy, RoyFi is partnering with Independence Wealth Managers to release a series of sessions about everything artists need to know to protect their money. MORE» More»

RoyFi, the industry’s leading artist-first financing company, believes that advances are just the beginning of the support services that up-and-coming independent artists need. In a continued effort to promote financial literacy, RoyFi is partnering with Independence Wealth Managers (IWM) to release a series of sessions about everything artists need to know to protect and stretch their money.

Kicking off with “Budgeting 101” in December, each free session will tackle a new element of financial planning and literacy in an easy and approachable way. The programming will also feature insights from a range of industry professionals–distributors, content creators, labels, CPAs, attorneys, financial planners, and more.

“The majority of artists haven’t been taught the basics of financial planning. RoyFi is pleased to work with IWM, a team that shares our values of transparency and integrity, to teach artists how to leverage what they have now and make their paychecks last through their career,” says Peter Harvey, Co-Founder and CEO of RoyFi.

Partnerships with other artist-friendly finance and tech companies have proven critical to RoyFi’s mission to extend the artist’s dollar as far as possible–forming an ecosystem of support for the creative community. Through these alliances, RoyFi has broadened access to vital services and education to amplify artists' chances at a sustainable career.

Over the years, members of the IWM team have worked with many artists and professional athletes–two groups that share a lot of similarities. The inconsistent and unpredictable nature of income from each nontraditional career has contributed to a historical mismanagement of finances. Just as an NFL player should save 60-80% of their income in case of injury in next week’s game, an artist never knows which of their songs will be the next hit that brings home the big check. 

“In order to build long-lasting careers, artists need to be able to make the right financial calls, but until now there hasn’t been a playbook,” explains Celines Barrington of Independence Wealth Managers - IWM. “We’re honored to partner with RoyFi to guide and empower creatives to be their own business executives–teaching them how to stretch what they have now by saving, investing, and spending smartly.”

About RoyFi
RoyFi is solving the problem of access to money for artists, musicians, producers, and songwriters. RoyFi combines the most transparent, artist-friendly terms with the lowest rates in the industry, so that creatives can advance their careers while maintaining 100% ownership and control of their rights. RoyFi assumes all the financial risk and compensates its partners — distributors, labels, publishers, and other stakeholders in the royalty ecosystem — while empowering them to fast-forward cash to independent artists and rightsholders who need it the most. RoyFi’s flexible, customizable platform can be white-labeled or co-branded. The founders of RoyFi have over 45 years of combined experience in finance, the entertainment industry, and technology, and have underwritten nearly $100 million in artist advances. Email info@royfi.com for more. 

About Independence Wealth Managers
“Failing to plan is planning to fail”- Benjamin Franklin
Drawing on our knowledge, experience, and world class tools, we teach our clients how to protect and grow their assets. Through full 360 degree comprehensive planning, our team of professionals will create strategies to help build financial freedom and independence for our clients and their loved ones.

Announcement
09/28/2023

09/12/2023, RoyFi partners with earthprogram, creating hub for music financing and artist development
09/12/202309/12/2023, RoyFi partners with earthprogram, creating hub for music financing and artist development
Announcement
09/12/2023
Announcement
09/12/2023
Artist-first music financing service RoyFi has teamed up with earthprogram, a leading provider of strategic business development solutions for the music industry, to deliver career-propelling services to artists. Through this partnership, artists can apply to access funds via RoyFi directly through the new earthprogram website. MORE» More»

Artist-first music financing service RoyFi has teamed up with earthprogram, a leading provider of strategic business development solutions for the music industry, to deliver career-propelling services to artists. Through this partnership, artists can apply to access funds via RoyFi directly through the new earthprogram website.

“We discover new artists every day and every artist who comes to us has the same problem–they need funding to grow,” explains Jason Jordan, Co-Founder of earthprogram. “We are thrilled to join forces with RoyFi to connect them with access to capital and power sustainable careers.”

Having started a hardcore punk label in high school that sold 50,000 physical units prior to their graduation, twin brothers and earthprogram co-founders Jason and Joel Jordan sealed their fate as music industry trailblazers from the start. Following a few years of work–Jason leading A&R for major labels and Joel developing youth culture branding as a designer–the brothers reunited to found earthprogram in 1995. In the years since, Joel also designed and founded Synchtank, a leading global platform for managing, marketing, and licensing music and media assets, rights, and royalties.

Acting as a quasi-record label and consulting business operating within the realms of music distribution, publishing & licensing and business development, earthprogram shares with RoyFi a commitment to teaching artists as they work with them. This alliance creates a consistent through line of support and career development from the beginning of consultancy with earthprogram through capital provision and financial literacy education with RoyFi. 

earthprogram has been instrumental in launching several artists' careers, signing them early and walking along them in early-stage development and distribution. Mike Glaser, earthprogram’s lead business development partner and musician’s musician, leads the company’s day-to-day operations from its studio and office in Flatbush, Brooklyn–utilizing his A&R experience to take artists from creative expression to return on investment.

“The earthprogram approach to working with artists is in perfect alignment with RoyFi’s,” says Peter Harvey, CEO of RoyFi. “Just as we pull from our team’s decades of underwriting experience to set contract terms that result in quick recoupment, earthprogram has a proven track record of setting attainable goals and helping artists smash them.”

About RoyFi
RoyFi is solving the problem of access to mo ney for artists, musicians, producers, and 
songwriters. RoyFi combines the most transparent, artist-friendly terms with the lowest 
rates in the industry, so that creatives can advance their careers while maintaining 
100% ownership and control of their rights. RoyFi assumes all the financial risk and 
compensates its partners — distributors, labels, publishers, and other stakeholders in 
the royalty ecosystem — while empowering them to fast-forward cash to independent 
artists and rightsholders who need it the most. RoyFi’s flexible, customizable platform 
can be white-labeled or co-branded. The founders of RoyFi have over 45 years of 
combined experience in finance, the entertainment industry, and technology, and have 
underwritten nearly $100 million in artist advances. Email info@royfi.com for more. 

About earthprogram
As the leading provider of strategic business development solutions for the music industry, earthprogram is proud to deliver innovative services that offer guidance to artists, labels, publishers, and music rights tech companies–equipping them with the knowledge and skills necessary to navigate the complexities of the music business. Founded by brothers Jason and Joel Jordan in 1995, earthprogram cultivates an ecosystem of uniquely talented artists, musicians, writers, and producers and connects them with resources to produce high-quality content and the infrastructure to distribute it commercially. hello@earthprogram.com

Announcement
09/12/2023

06/20/2023, found.ee and RoyFi Launch Innovative “Market to Recoup” Partnership to Accelerate Advance Recoupment for Artists
06/20/202306/20/2023, found.ee and RoyFi Launch Innovative “Market to Recoup” Partnership to Accelerate Advance Recoupment for Artists
Announcement
06/20/2023
Announcement
06/20/2023
Music funding platform, RoyFi, and found.ee, the Downtown-owned digital marketing and advertising platform, have announced “Market to Recoup,” a brand new partnership that provides access to advance recoupment for artists at an accelerated pace. MORE» More»

The joint venture aims to boost financial capital for artists and revolutionize traditional recoupments in the music industry

June 20, 2023 -
Music funding platform, RoyFi, and found.ee, the Downtown-owned digital marketing and advertising platform, have announced “Market to Recoup,” a brand new partnership that provides access to advance recoupment for artists at an accelerated pace. The initiative gives RoyFi creators access to nearly 10% back from every dollar spent on found.ee advertising, which allows their advance to recoup at a faster pace for artists by automatically accounting their found.ee advertising toward what they owe. 

“In traditional music advances, marketing budgets often put artists in a further financial hole with each dollar spent,” Jason Hobbs, found.ee President, said. “found.ee and RoyFi have flipped the script so that digital marketing and even TV advertising will generate financial benefits beyond measurable impact and will accelerate an artists’ recoupment. It’s a revolutionary concept for creators.”

As part of the joint effort, RoyFi creators will utilize found.ee’s self-service marketing platform and live reporting dashboard, which gives users full transparency over their own first-party data and access to powerful digital marketing tools, including tailored interactive ads, customizable landing pages, remarketing capabilities and more. RoyFi creators using found.ee will also be able to reach more fans in a more cost-effective manner through interactive HTML5 ad units and connected TV pre-roll video ads that offer access to premium television programming at about four cents per completed view.

"RoyFi is giving artists and creators the power to shape their own careers by giving them the capital they need, when and how they need it,” RoyFi CEO Peter Harvey said. “found.ee shares this aim, and our partnership will give creatives the boost they need to both promote their music and recoup their advances faster, with 100% of any revenue share going back to recoup the advance. We can’t wait to see the positive impact this will have on the creative community."

As creator-first companies, RoyFi and found.ee both seek to empower creatives, disrupt the status quo and create innovative solutions that fit the needs of today’s creators. Acquired by Downtown Music Holdings in 2021, found.ee is widely used throughout the music industry, found.ee has empowered thousands of artists, creators, and companies to harness their own first-party data audiences through found.ee’s robust integrated marketing platform. As a fintech company for creatives, RoyFi gives artists, musicians, producers, and songwriters access to affordable capital with low rates and 100% control of their rights.  

RoyFi creators now have access to found.ee’s “Market to Recoup” feature to recoup about 10% of every dollar spent on advertising services. Users will also receive access to powerful first-party data tools and marketing and advertising services tailor-made for today’s creators. Together, RoyFi and found.ee are empowering modern-day artists to take control of their careers by revolutionizing the traditional process of recoupment that hindered artists and their growth in years past. 

About found.ee
Created in 2013, Downtown-owned found.ee is a comprehensive advertising and digital marketing platform and Saas APIs that provides creators and businesses with a range of tools to capture audiences while building, targeting and optimizing promotional campaigns. found.ee was developed specifically to provide powerful ad tech tools in a self-service, turn-key manner. found.ee enables users to develop custom interactive ads, related promotional tools and analytics that can improve the effectiveness of digital campaigns. found.ee and its API integrations power numerous platforms in addition to found.ee’s 7,000 B2B entertainment clients and its 400,000 artist users.
found.ee 

About Downtown
Downtown is the world's leading music services company with over 1.7 million clients in over 145 countries with a catalog of over 23 million music assets in a wide variety of genres and languages. Downtown's service offerings support creators and businesses in all facets of the music industry including music creation, distribution, marketing, royalty collection, financing, accounting and payment services. Downtown clients can choose to opt-in for only the services they need, in any territory they want, for as long as they want, without having to give up ownership or control of their work. DowntownMusic.com

About RoyFi
RoyFi is solving the problem of access to money for artists, musicians, producers, and songwriters. RoyFi combines the most transparent, artist-friendly terms with the lowest rates in the industry, so that creatives can advance their careers while maintaining 100% ownership and control of their rights. RoyFi assumes all the financial risk and compensates its partners — distributors, labels, publishers, and other stakeholders in the royalty ecosystem — while empowering them to fast-forward cash to independent artists and rightsholders who need it the most. RoyFi’s flexible, customizable platform can be white-labeled or co-branded. The founders of RoyFi have over 45 years of combined experience in finance, the entertainment industry, and technology, and have underwritten nearly $100 million in artist advances. Email info@royfi.com for more information.
RoyFi.com

Announcement
06/20/2023

05/11/2023, RoyFi and Unchained Music Team up to Give More Artists Access to Capital
05/11/202305/11/2023, RoyFi and Unchained Music Team up to Give More Artists Access to Capital
Announcement
05/11/2023
Announcement
05/11/2023
RoyFi, the most artist-friendly music financing service in the business, is partnering with Unchained Music, the distribution and artist services company that harnesses defi to give artists 100% royalties, to provide advances on artist royalties. The match will help savvy creators earn more and invest more in their projects. MORE» More»

RoyFi, the most artist-friendly music financing service in the business, is partnering with Unchained Music, the distribution and artist services company that harnesses defi to give artists 100% royalties, to provide advances on artist royalties. It’s a match that will help savvy creators earn more and invest more in themselves and their projects. 

“Our mission is to give more power to creatives by giving them access to affordable capital, at terms that make business sense. Access to capital means more sustainable music careers,” explains Peter Harvey of RoyFi. “Unchained Music and RoyFi make a great team, as we share a deep commitment to thoughtful financial innovation that lets artists make more of their work with fewer fees, hassles, and bottlenecks.”

The partnership lets artists distributed by Unchained Music get advances on future recording-related royalties to fund their next big thing. These advances can be small boosts to an artist’s cashflow ($250), or big enough to build a new studio or front a major tour. RoyFi has the lowest rates in the industry, and with Unchained Music’s unique 100% free distribution, this results in rights holders recouping their advances far faster, all without handing over rights or control.

“We’re building a new model for artist-first services and we’re thrilled to add a helpful financial service component to the innovative distribution, promotion, and surrounding tools that we’re launching,” says Matt Waters, CEO of Unchained Music. “RoyFi is the perfect partner to help us help our creatives. They’ve done enough deals to have perfected the art of artist-friendly advances, while staying innovative and forward thinking, just as we are.”

About RoyFi

RoyFi is solving the problem of access to money for musicians, producers, and songwriters. The company combines the most transparent, artist-friendly terms with the lowest rates in the industry, so that creatives can advance their careers while maintaining 100% ownership and control of their rights. RoyFi assumes all the financial risk and compensates its partners in the royalty ecosystem while empowering them to fast forward cash to independent artists and rightsholders who need it the most. Its flexible, customizable platform can be white-labeled or co-branded.

The founders of RoyFi have over 45 years of combined experience in finance, entertainment, and technology, and have underwritten nearly $100M in artist advances. Email info@royfi.com for more information.

About Unchained Music

Unchained Music is a digital music distribution service that provides a completely free, web3-integrated platform for independent musicians and labels to place their music into over 200 online stores, services, and streaming platforms. In addition to distribution, Unchained Music is also building end-to-end AI and Web3 solutions for independent musicians and labels, from creation to promotion. The service aims to reduce barriers to entry for independent music and connect musicians in growing music markets worldwide.

Announcement
05/11/2023