What's your music catalog actually worth, and where is the industry still leaving money on the table? This week, Dmitri is joined by our chief writer Tristra Newyear Yeager for a deep dive into eight revenue multipliers that they believe can grow the total addressable market for music. Building on last month's conversation with Eleanor about the rising tide thesis, Dmitri and Tristra break down each multiplier one by one: catalog valuation, revenue recovery, artist and label services, licensing, AI licensing, fan growth, fan revenue, and new music products. Along the way, we mention a ton of companies that are actually building in this space right now, so keep an ear out if you're looking for tools to grow your own business. They talk about where catalogs are becoming an investable asset class, why the industry still has multiple black boxes leaking royalty revenue, and how distributors are evolving into full platforms for artists and labels. They also dig into the complicated economics of AI licensing, from training data to generation to the songs that come out the other end, and look at emerging companies working on attribution, revenue recovery, and fan monetization across the space. This episode is part of the Rising Tide miniseries, tied to this year's Music Tectonics Conference theme, Rising Tide: Grow the Music, Grow the Value. The conference takes place October 27 to 29, 2026, in Santa Monica. Companies mentioned: Royaltyport, Beatlibrary, Primordial, Legitary, Luminate, Chartmetric, Viberate, Mogul, MusicInfra, Shine-X, Claimy, Curve Royalty System, AIMS, ONErpm, Orphiq, beatBread, SongStats, Sound Credit, LyricFind, Soundstripe, feed.fm, Soundtrack Your Brand, Merlin Connect, ClicknClear, Musical AI, Vocana, Laylo, Symphony OS, Audience Republic, Rap Fame, OpenStage, Fave, Even, Patreon, Vinyl Bar in Shibuya, Hook, AudioShake, Kitbetter, Tiny Vinyl. The Music Tectonics podcast goes beneath the surface of the music industry to explore how technology is changing the way business gets done. Visit musictectonics.com to find show notes and a transcript for this episode, and find us on LinkedIn, Twitter, and Instagram. Let us know what you think! Get Dmitri's Rock Paper Scanner newsletter.
