
Heartdea13r w/ chr1stoph3r g0nda Randy Fusee: “There is plenty of money to pay artists. You just have to be willing to do it.”
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Oct 16, 2025 Randy Fusee, Founder and CEO of Coda Music, is a tech-savvy entrepreneur with a passion for fair music economics. In this lively discussion, he delves into the challenges of launching Coda, emphasizing the need for transparency and equitable pay for artists. Randy shares insights on blending social networking with music streaming and the innovative 'Fan Direct' payment model that empowers fans to support artists directly. He also reflects on his leadership philosophy and the importance of human connection in music discovery, aiming to reshape the industry for the better.
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Licensing Is The Hidden Barrier
- Licensing an on-demand streaming catalog is much harder than expected because major deals haven't been granted since 2008.
- Randy discovered the industry resists new DSPs unless they clearly add value to rights holders.
Streaming Economics Are Misaligned
- Current streaming pools subscription revenue but pays artists per-stream, creating misaligned incentives that favor top artists.
- This causes artists to chase streams, shorten songs, and prioritize release frequency over craft.
Let Fans Direct Subscription Dollars
- Give fans agency by letting them direct subscription dollars to artists without spending extra money.
- Peel a portion of streaming subscription revenue to pay artists directly and transparently.
