Coda Music’s business model is built on solving two major problems in the modern music landscape: discovery and fair compensation. CEO Randy Fusee argues that algorithms, while convenient, can’t replicate the genuine, human-driven discovery that makes music so special. The platform is designed to be a true social network where fans and artists drive curation. Users can share their listening activity, create and share playlists, and stumble upon new music through a community-driven feed, proving that true music discovery is a product of human connection, not machine learning. This is a deliberate shift from platforms that were built for utility rather than community, offering a return to authenticity.
The company is also tackling the notorious problem of artist compensation. While most streaming services funnel the majority of revenue to the top 1% of artists, Coda Music aims to rebuild the “middle class of artists.” This is accomplished through two key features.
First, the company claims it offers the “highest per-stream rates in the industry.” More importantly, Coda has introduced a unique “FanDirect” program, where subscribers can allocate a $1 portion of their monthly fee directly to any qualifying independent artist. As Fusee explains, this creates a “per-fan” model that better aligns artist compensation with their actual fan base, rather than just play counts. Coda has secured licensing deals with all three major music companies as well as key independents like Merlin and Beggars Group, a testament to the industry’s desire to solve these long-standing issues.
By focusing on human curation and equitable artist payments, Coda Music is positioning itself as a platform with integrity. It represents a bold attempt to address the problems of discovery and compensation that have frustrated artists and fans for years. Coda won’t make every artist a millionaire, but its innovative approach offers a sustainable path forward for thousands of creators and a more engaging, community-centric experience for listeners. The service has launched in the U.S. and Canada, with plans to expand globally, signaling a promising new chapter in the evolution of music streaming.
About the Author
