Trapital

Dan Runcie
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Mar 30, 2026 • 31min

Talent Agencies: Who Leads the Next Era?

Ben Cesario, New York Times reporter with 20+ years covering music and the music industry, breaks down the recent agency shakeups. He explores Wasserman’s rebrand and sale scenarios. He discusses agency margins, reputation risk, leadership turnover, and why music often plays second fiddle in big firms.
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7 snips
Mar 23, 2026 • 33min

Can AI Music Creation Be a Real Growth Market?

Tati Cirisano, a MIDiA Research analyst who tracks music industry and creator-economy trends, discusses AI-powered music creation as a potential growth lever. She and Dan explore consumer creation vs professional use. They dig into Suno’s traction, label deal dynamics, and why monetization will likely be fragmented across many fan and creator use cases.
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Mar 16, 2026 • 29min

Live Nation and DOJ Settled. Now What?

Larry Miller, NYU music business professor and Sony Audio Institute director, breaks down the DOJ settlement with Live Nation/Ticketmaster. He explains why DOJ settled quickly. Short takes cover whether prices will fall, how primary and secondary markets interact, Ticketmaster’s tech edge, and what limits on exclusivity might change for venues.
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Mar 9, 2026 • 28min

Private Investors Love Music. Why Doesn’t Wall Street?

A deep look at why private buyers are pouring cash into music catalogs while public label stocks lag. The host compares music investing to real estate and REITs. He explores 2021 market resets, small-cap company risks, and differences between major labels’ ownership and debt. Predictions include more take-private moves and new deal structures bridging private and public gaps.
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Mar 9, 2026 • 1min

Trapital: Where Business Meets Culture

A lively conversation about how money and deals shape modern culture. Short takes on the intersection of entrepreneurship, music business, and cultural trends. Quick explorations of dealmaking, revenue streams, and cultural influence.
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9 snips
Feb 26, 2026 • 35min

Is The Sphere… A Good Business?

Tati Cirisano, a media analyst at MIDiA Research focused on music and immersive experiences, weighs in on Sphere Entertainment. She discusses profitability, why Wizard of Oz clicked, and whether immersive hits are repeatable. The conversation covers residency lineups, expansion plans, novelty risk, and whether Sphere can scale or find true comps.
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13 snips
Feb 20, 2026 • 43min

Follow The Money: EVEN, Duetti, and The New Deal Stack

Mag Rodriguez, CEO of EVEN, builds direct-to-fan commerce and community tools used on high-profile rollouts like J. Cole’s. Lior Tibon, CEO of Duetti, runs a data-driven music rights investment platform that raised institutional equity and debt. They discuss artist-focused storefronts and presales, fan community features, the mechanics of catalog financing, and digital-first catalog marketing.
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Feb 11, 2026 • 26min

Why Netflix and Spotify Won in Paid Streaming

A sharp look at how Spotify and Netflix became the default paid streaming services. Focus on pure-play urgency, cannibalization freedom, and a retention-driven scoreboard. Discussion of speed, ownership, and the data flywheel that compounds small improvements. Comparison of subscription-first services with platform or ad-driven rivals.
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Feb 4, 2026 • 38min

Inside Grammy Week: Galas, Deal Rooms, and “The Two Grammys”

Tati Cirisano, music industry analyst at MIDiA Research, gives a behind-the-scenes look at Grammy Week and industry dynamics. She breaks down live vs. TV production, standout performances like Lauryn Hill and Cher moments, Bad Bunny’s commercial impact, prediction markets, and the networking and deal-making that happen during the week.
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Jan 23, 2026 • 19min

Can YouTube Have It All?

A tight look at YouTube's push to conquer the living room and win traditional TV ad dollars. Discussion of the strategy behind securing big sports and awards rights. Tension between becoming premium-friendly and preserving a creator-driven, open platform. Debate over Shorts, YouTube TV's economics, and how all this reshapes the future of media and attention.

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