Trapital
Trapital is where technology meets culture. Hear breakdowns on the most important trends in tech, media, and entertainment. Trapital founder Dan Runcie and various guests break down the moves that shape the rest of society. Learn more
Episodes
June 9, 2026 • 30 mins
AI keeps getting called music's biggest threat. Or its biggest opportunity. Both framings miss the point.
The real question is harder: if AI can handle the cognitive work, what's left that actually matters?
We're joined by Jessica Powell, CEO and co-founder of AudioShake, to figure that out. We talked about why experienced practitioners get the most out of AI, what happens to the creators caught in the middle, and whether "AI-gen...
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June 2, 2026 • 29 mins
Interstellar wasn't a phenomenon when it dropped in 2014. Now it's widely seen as a masterpiece. It’s more popular now than it was on release.
How does that happen? Can we see it coming?
In this solo episode, we break down the mechanics of a cultural reappraisal: why some polarizing work ages into greatness, and why other art quietly disappears. From Yeezus to Reasonable Doubt, Mr. Brightside to Cruel Summer, the pattern is more ...
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May 28, 2026 • 32 mins
Was there ever truly a "monoculture”? Or have we been telling ourselves a comforting story about past shared experience? We sit down with Tatiana Cirisano, VP of Music Strategy, MIDiA Research to unpack how we got from finale watch parties to infinite algorithmic feeds.
If culture is so fragmented, why does everything online look, sound, and feel the same?
We did more into the great cultural collapse, and whether live events are t...
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May 19, 2026 • 28 mins
K-Pop is in a unique situation. The genre “feels” like it’s everywhere. BTS, Blackpink, Stray Kids, and KPop **Demon Hunters have topped Billboard and Netflix charts. But recent data shows that roughly 2% of global streams are from K-Pop, and the genre is and trending down.
We are joined by Will Page, former Chief Economist at Spotify and author of Pivot. He released a new report on Music Business Worldwide in collaboration with J...
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May 12, 2026 • 26 mins
"Blue dot fever" is the new phrase floating around for artists whose tours have seat maps full of unsold blue dots for concerts, especially in arenas and stadiums. It’s said to be a precursor to a cancelled tours. The term is catchy, it captures headlines, but is the “problem” a bit exaggerated?
With blue dot fever now part of the discourse, we dive deep into the latest in the business, how agents anticipate demand, and what usual...
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May 5, 2026 • 35 mins
The multiples for music rights and catalog sales continue to rise, despite high interest rates. Selling can look rational in the moment but great music keeps finding new formats, new buyers, and new value. But it's hard to look at sales are pure financial decisions. As most investors know, there are countless factors that can go into a sale.
We are joined by Josh Gruss, founder of Round Hill Music. We dive deep into the deals that...
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April 28, 2026 • 36 mins
I sat down with Troy Carter during SXSW in Austin. We talked about Suno role in music, where record labels stand today, artist management, catalog sales, estates, we covered it all!
The conversation was hosted by Chaka Mahone at his company, DAWA, 4-day event titled Vision 8291, in collaboration with Venice Music, where Troy is the co-founder and CEO.
CHAPTERS
03:30 Stayed Ahead of AI News
08:37 Why Suno Matters
14:38 AI and...
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April 24, 2026 • 19 mins
Is “Artists vs. AI” the wrong way to think about music’s future?
At HumanX, I hosted a conversation with Splice CEO Kakul Srivastava and Universal Music Group’s Michael Nash on how AI can become a creative force multiplier for artists, not a replacement.
We discussed why music’s supply problem existed long before generative AI, how artists are using new tools to reduce production friction, and why authentic connection still matt...
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April 21, 2026 • 37 mins
SoundCloud is at a turning point, and CEO Eliah Seton takes us inside the strategy shaping its future.
In this conversation, we break down how SoundCloud evolved into a two-sided marketplace for artists and fans, why it moved on from potential sales, how it's embracing AI, and doubling down on the moves that work best for both creators and fans.
CHAPTERS
03:34 Update on a Potential Sale
08:23 How SoundCloud is Structured Toda...
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April 14, 2026 • 31 mins
In part two, you'll hear Clive Davis reflect on strategic decisions made when running a record label and career revivals he helped shape that defined another chapter of his run.
He discusses the balance of control and economics in label joint ventures, why hitmakers are not always great talent scouts, and how LaFace became a powerful force through artists like Toni Braxton, TLC, and Pink. Davis also shares how he revived the car...
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April 14, 2026 • 31 mins
I sat down with the legendary record executive Clive Davis. We looked back on the career-defining moments that made him one of the most influential figures in music.
He shares memories from the Beverly Hills Hotel, where we recorded the conversation. We also discussed the evolution of his famed pre-Grammy gala, and the philosophy behind honoring artists in the room. Davis also revisits being pushed out at Columbia, Arista, launc...
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April 6, 2026 • 29 mins
Coachella sold out in five days after announcing Justin Bieber as headliner. That's the good news. The bad news? It tells you how hard it's become to book a headline act who can actually move 250,000 tickets for the one of most premiere music festivals in the world.Dave Brooks, a music correspondent at Puck and host of the Decibel and Docket podcast, joins the show to break down the business of festival season 2026. We get into why...
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March 30, 2026 • 30 mins
Now that Wasserman Agency has rebrand itself to "The Team," what's next? Who will lead The Team? Who will the new owner be? What will they do with it? Elsewhere in the talent agency world, CAA has a new managing director for music touring, and UTA's longtime leader has stepped down. Who will lead the next era?
I am joined by Ben Sisario from the New York Times to unpack the talent agency business, the leadership and reputational...
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March 23, 2026 • 32 mins
As streaming growth slows, the music industry is searching for its next big opportunity. One of the leading bets? AI-powered music creation.
I'm joined by MIDiA Research’s Tati Cirisano to break down whether platforms like Suno represent a true growth engine or just another niche product.
We explore the rise of consumer creation, the limits of the “superfan” narrative, and why the future of music revenue may be more fragmented...
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March 16, 2026 • 29 mins
The Department of Justice has settled its lawsuit against Live Nation - Ticketmaster. There will be no breakup of the live entertainment company, but Live Nation has agreed to several remedies in an effort to improve the ticketing industry. But more rust that’s settled… what’s next? What will this change?
In this episode, we are joined by returning guest and NYU professor Larry Miller to break down the DOJ’s settlement with Live...
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March 9, 2026 • 27 mins
Investors have poured more money into music than ever before. Music as an asset class if hotter than ever,. But the public markets have discounted the value of music companies:
UMG stock is currently trading near its all-time low
WMG trades at a discount on its earnings relative to UMG
RSVR is going through a takeover attempt
Several publicly traded music companies have been taken off the public markets
This is a hug...
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February 26, 2026 • 35 mins
Sphere Entertainment is now profitable, Wizard of Oz was a hit, and more locations are coming. Has the business turned the corner, or are there still question marks?
In this episode, I’m joined by Tati Cirisano, MIDiA Research, to assess where Sphere Entertainment stands in 2026. We unpack the company’s narrative, scalability, residencies, challenges, and more.
CHAPTERS
01:34 Is It Really Profitable?
10:01 The Concert Resi...
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February 20, 2026 • 42 mins
In music right now, the winners aren’t just the artists with the biggest audiences, they’re the teams that control the infrastructure.
First, I sit down with Mag Rodriguez, CEO and co-founder of EVEN, to break down how Even became a key part of J. Cole’s The Fall Off rollout, from exclusive drops and direct-to-fan sales to tour presales and fan community features designed to keep people coming back.
Then, I’m joined by Lior Tibon...
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February 11, 2026 • 26 mins
For the past 20 years, subscription streaming has produced an outcome that still gets overlooked. The category winners weren’t the big tech giants or the major studios. In music, Spotify became the default. In premium video, Netflix did the same.
In this episode, we break down how pure-play focus, faster decision-making, and a single retention-driven scoreboard create compounding advantages that big tech’s money and bundling can’t...
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