The New Music Business with Ari Herstand Is This The Future of Superfandom?
Nov 26, 2025
Matt Jones, CEO and co-founder of Medallion, discusses innovative direct-to-fan models. He dives into why traditional platforms like Patreon aren’t a fit for most musicians. The conversation highlights the outdated streaming economic model and the necessity for greater transparency in artist payments. Listeners hear about the importance of artist-owned data, the difference between single-artist fan clubs and a networked approach, and future industry dynamics centered on ownership and sustainability. Expect insights on how major labels might adapt to these changes.
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Platform For Artist-Owned Fan Data
- Medallion aims to give artists ownership of their fan data and distribution in one platform.
- Matt Jones argues this is the missing 21st-century artist-first product the industry needs.
Private Beta With Notable Artists
- Medallion ran a private beta with about 60 artists and big names like Parcels and Jungle.
- Matt says opening to all artists will change the visible activity and network effects dramatically.
Streaming Is Technically Great, Economically Old
- Streaming is a great technical product but its economic model is outdated and born of desperation.
- Matt expects new artist-driven economic models to emerge as frustration with payouts grows.
