Kimberly Adams

And I'm Kimberly Adams.

We'll see you next week.

This is APM.

Hey Smarties, it's Kimberly.

Make Me Smart is taking some time off for the holidays, hope you are too, but we're going to be back in the new year.

In the meantime, we're sharing some of our favorite episodes of 2025 and some amazing work from our friends at other Marketplace shows.

Here's one of my favorite Make Me Smart episodes of the year.

Enjoy.

Hello, everyone.

I'm Kimberly Adams.

Welcome back to Make Me Smart, where none of us is as smart as all of us.

Today, we're going to take a look at the music business, and there is a lot going down in that industry, both with big artists and behind the scenes.

You may have heard recently that the AI company Anthropic agreed to pay authors $1.5 billion to settle a

an AI copyright case and while yes this has big implications for the news and the book publishing industries we wanted to talk about what this might mean for the music business where there are a bunch of copyright fights happening right now and for that we are joined now by Dan Runcie who is the founder of Trapital a music and entertainment research group and Dan is here to make us smart about this industry and other industry news Dan welcome to the show

So what does this Anthropic Settlement mean for the music industry?

In what ways, though, is music different than how the book and publishing industry works in terms of copyright?

All this really comes down to this concept of what is considered fair use versus copyright violations and privacy.

And while Anthropic may have settled, other AI companies are fighting tooth and nail to try to say that training their algorithms on these works should be considered fair use.

How is that playing out in the music industry?

There's another fair use fight happening in the music world right now.