Musonomics
Musonomics
Larry Miller
Musonomics is a twice-monthly podcast about the business of the music and culture industries. Hosted by Larry Miller and produced with support from the NYU Steinhardt Music Business Program, we use data, music and interviews with newsmakers and analysts to provide insight into what.s happening now -- and what's coming next.
The Future of Music + AI Is Already Here - It's Just Not Evenly Distributed
With apologies to cyberpunk author William Gibson, the technology is out in the wild. The lawsuits are filed. The licensing deals are being signed. The future of the music industry is already here. It's just not evenly distributed. This is the third episode in Musonomics' AI series, and it's the one that looks forward -- beyond the fear and hype to what's already taking shape. When content becomes infinitely abundant, what gets more valuable? And who wins? Larry sits down with Cherie Hu, founder of Water and Music, and Daniel Rowland, VP of Strategy and Partnerships at LANDR to map where things actually stand -- and where they're heading. They cover why professional AI adoption is far higher than anyone publicly admits, how major labels are quietly re-centralizing by buying up indie distributors, what the "DAWification of everything" means for the line between assistive and generative tools, and why the music company of the future might look like a label, a tech company, and a data company all at once. One thread runs through all of it: authenticity is still the industry's most fragile -- and most valuable -- asset.
Jun 12
55 min
AI, Music, and the Law:  Innovation vs Compensation
Artificial intelligence is the force reshaping the music industry's future. And the legal battle over who gets paid, and for what, is just getting started. In 2024, the major labels sued AI music companies Suno and Udio. Music publishers sued Anthropic this year for $3 billion. The AI companies say training on copyrighted music is transformative, and protected by fair use. Rightsholders say if you're building a business on music, you have to pay for it. The courts haven't settled it. Congress hasn't touched it. But the marketplace is already moving. Larry talks with David Israelite of the National Music Publishers Association and Judge David Strickler of the U.S. Copyright Royalty Board, both adjunct professors at NYU Steinhardt, about fair use, the shadow of litigation, why voluntary licensing deals are quietly multiplying, and whether greed, fear, or good old-fashioned bargaining theory will ultimately draw the line between innovation and compensation. In this episode: - Why the fair use argument is the central legal battleground, and what the courts have said so far - How settlements with Suno and Udio are reshaping the landscape before any landmark ruling arrives - Why voluntary licensing deals are multiplying, and what the YouTube era teaches us about where this is headed - Whether Congress will step in, and why the best-case scenario is that it doesn't - What the next three to five years look like for creators, rights holders, and the AI companies caught in between
May 11
41 min
AI & Music: Tool or Threat?
Artificial intelligence is no longer on the horizon for the music industry. It's here, and it's moving fast. But is AI the next great instrument in a long line of tools that musicians learn and master? Or is it something fundamentally different, a technology that doesn't extend what artists do, but replaces it? In the first episode of a three-part series, Larry sits down with Cherie Hu, founder of Water & Music, and Grammy Award-winning producer and AI analyst Yung Spielberg to map the current landscape: where the tools are, what's actually working, where value is concentrating, and what it all means for the next generation of artists. What you'll hear: - The modern history of AI in music and why music has lagged behind other creative fields in adopting it. - How Suno and Udio differ, and what Udio's shift to a closed, licensed platform means for creators. - Assistive vs. generative AI tools, and why those two worlds are increasingly colliding. - Where value is concentrating: platforms winning, major labels racing to deal, artists largely left out. - Should a 20-year-old artist be excited or worried? The case for live music and human connection as the safest bets
Apr 21
1 hr 6 min
What's a Superfan?
Superfan is a strong contender for Music Industry Buzzword of 2025-26. But what does it mean, exactly? And what does it mean for the industry? On this episode, Larry talks with Olivia Jones from MIDIA research who is watching the space closely, and Musonomics correspondent Mariel Darling sits down with Mag Rodriguez, founder of EVEN, one of the leading platforms doing the heavy lifting to talk about the challenges and rewards of superfan engagement.
Dec 8, 2025
46 min
Catalogs and Capital
In this episode, we take a look back at the first half of 2025. Larry sits down with Tatiana Cirisano of MIDIA research to discuss underlying industry trends across the globe, including where music meets audiences. Larry also talks with Paul Sipio of Apollo Global Management, which has invested billions in the industry over the past few years, about why music catalog has been, and continues to be, an attractive investment on Wall Street and beyond.
Jul 18, 2025
37 min
Music and Presidential Campaigns
It is presidential election season and music is back in the thick of it. In 2016 we spoke with Ben Sisario of the New York Times, Professor Chris Sprigman of NYU Law School and music industry lawyer Joel Schoenfeld about the historical and then current role of music in Presidential politics. In this episode, we revisit that episode and provide a 2024 update.
Sep 23, 2024
30 min
Flash Episode: Music and Two Big Games
In this episode, Larry and Lynn discuss a streaming fraud bust, music meets presidential politics yet again, Kendrick spikes the ball, and protect those copyrights!
Sep 13, 2024
14 min
Songwriters Take the Stage + Two Rising Music Publishers
We're in a song economy but not yet a songwriter economy, according to a landmark report by MiDiA Research. In this episode: the report's co-author Tatiana Cirisano, and two new-school independent music publishers rewriting the rulebook, Evan Bogart from Seeker Music and Lylette Pizarro from Influence Media.
Aug 20, 2024
1 hr 1 min
Warner Music's big restructuring, UMG earnings, the Labels' showdown with AI platforms, and has on-demand streaming peaked?
On this episode: Larry And Lynn on Warner Music's big restructuring. Also UMG earnings, the Labels' showdown with AI platforms, and has on-demand streaming peaked?
Aug 9, 2024
13 min
Flash episode: DOJ v. Live Nation, Spotify's low churn, $1B for Queen?
On this episode: Larry and Lynn dive into the DOJ vs. LiveNation, what's behind recent arena tour cancellations, and Spotify's price increase and what it means. Also: is Queen's catalogue a billion dollar property?
Jun 6, 2024
24 min
Load more