Marketplace®
Every story is an economic story
Season 9Episode 8Nov 11, 2025

What are royalties, trademark and copyright?

How people make money from their creative ideas!

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What are royalties, trademark and copyright?
Binglin Hu

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It’s karaoke night for Bridget and Ryan, but something stops them from belting their favorite tunes on their podcast: the law. It’s the perfect setup to answer a question from Garrett, who wants to know about copyright, trademarks, and royalties. We all know people deserve to be paid for their creative ideas. But how does it actually work? Together, we’ll find out how creators protect their ideas and make money from them. Plus, will Ryan be able to turn what he’s learned into a lucrative musical career?

Illustration explaining copyright and trademark icons
Binglin Hu

Tips for grownups listening to “Million Bazillion” with kids

Money Talks

After you listen to the episode, here are some questions and conversation starters you can use with your kid listener to see how much they learned:

  1. Walk around your home and see how many items you can find with the trademark™ or copyright © symbols?

  2. How would you feel if someone copied something you created it without asking?

  3. Could you think of two songs that sound similar to you?

  4. *Bonus* Not-So-Random Question:  If you could invent a new toy, what would it be?

Tip Jar

For listeners who want to keep learning, we’ve got some ideas: 

  • Test your knowledge on copyright with this activity sheet!

  • Still a little confused? Check out this YouTube video from the U.S. Copyright Office.

  • To learn more about trademarks and other kinds of intellectual property check out this page for kid creators!

  • To register or copyright your own creative work, visit the U.S. Copyright Office website.

  • The law works differently when it comes to brand names and generic products! Listen to our episode all about brand-name items and generics here. 

Gimme 5!

Thanks for listening to this episode! We’re working on future seasons and would love to hear your kid’s money questions! Especially if you have questions about artificial intelligence (AI).

Record your Million Bazillionaire and send the audio using this online form and we just might include your kid in an upcoming episode!

The Team

Thanks to our sponsors

NGPF

The Ranzetta Family Charitable Fund and Next Gen Personal Finance, supports Marketplace’s work to make younger audiences smarter about the economy. Next Gen Personal Finance is a non-profit that believes all students benefit from having a financial education before they cross the stage at high school graduation.

Sy Syms Foundation

The Sy Syms Foundation: Partnering with organizations and people working for a better and more just future since 1985.

What are royalties, trademark and copyright?