Verbatim from the venue. The analyst must quote these, never paraphrase.
If Sony Music Publishing and Warner Chappell has achieved the superior outcome in the trial-level resolution of their law suit against Anthropic (Case 5:26-cv-09217 ) (originally filed in the U.S. District Court for the Northern District of California, San Jose Division), then the market resolves to Yes.
Sony Music Publishing and Warner Chappell achieves the superior outcome through the following exclusive hierarchy:
Net Monetary Recovery (Highest Priority): Sony Music Publishing and Warner Chappell achieves the superior outcome if they receive a larger net monetary award than all opposing parties combined (after offsetting any awards against Sony Music Publishing and Warner Chappell). Attorney's fees and costs are excluded.
Substantive Legal Victory (Second Priority): If no net monetary advantage exists, Sony Music Publishing and Warner Chappell achieves the superior outcome if they prevail on claims seeking the largest dollar amount of relief in their original pleadings, or if relief amounts are equal, on the greater number of primary causes of action.
Case Termination Advantage (Third Priority): If the case terminates without substantive judgment, Sony Music Publishing and Warner Chappell achieves the superior outcome if (as defendant) all claims are dismissed with prejudice, or (as plaintiff) opposing parties voluntarily dismiss all claims with prejudice. All other termination scenarios result in no superior outcome for any party.
Settlements: Superior outcome if net payment flows to Sony Music Publishing and Warner Chappell; no superior outcome if payment flows from Sony Music Publishing and Warner Chappell; no party achieves superior outcome if terms are sealed or undisclosed.
Key exclusions: Applies only to trial-level resolution — specifically excludes all appeals processes. Procedural victories alone do not constitute superior outcomes.
opens
Aug 31 · 5:00 PM UTC
closes
Jan 1, 2028 · 3:00 PM UTC · may close early
expires
Jan 1, 2028 · 3:00 PM UTC
Recent trades
Most recent first. Price is the YES side.
Raw payload
Exactly what the API returned for this market.
Show JSON
market40
can_close_earlytrue
close_time2028-01-01T15:00:00Z
created_time2026-08-31T16:30:33.61091Z
early_close_conditionThis market will close and expire early if the event occurs.
Time
Yes
No
Size
Taker
17h ago
55¢
45¢
200
no
6d ago
56¢
44¢
2.18
no
event_ticker
KXCASEWINMUSIC-28
exchange_index0
expected_expiration_time2028-01-01T15:00:00Z
expiration_time2028-01-01T15:00:00Z
expiration_value
last_price_dollars0.5500
latest_expiration_time2028-01-01T15:00:00Z
liquidity_dollars0.0000
market_typebinary
no_ask_dollars0.4800
no_bid_dollars0.3900
no_sub_titleBefore 2028
notional_value_dollars1.0000
occurrence_datetime2028-01-01T15:00:00Z
open_interest_fp202.18
open_time2026-08-31T17:00:00Z
previous_price_dollars0.5600
previous_yes_ask_dollars0.6500
previous_yes_bid_dollars0.5500
price_level_structurelinear_cent
price_ranges1
[0]3
end1.0000
start0.0000
step0.0100
result
rules_primaryIf Sony Music Publishing and Warner Chappell has achieved the superior outcome in the trial-level resolution of their law suit against Anthropic (Case 5:26-cv-09217 ) (originally filed in the U.S. District Court for the Northern District of California, San Jose Division), then the market resolves to Yes.
rules_secondarySony Music Publishing and Warner Chappell achieves the superior outcome through the following exclusive hierarchy:
Net Monetary Recovery (Highest Priority): Sony Music Publishing and Warner Chappell achieves the superior outcome if they receive a larger net monetary award than all opposing parties combined (after offsetting any awards against Sony Music Publishing and Warner Chappell). Attorney's fees and costs are excluded.
Substantive Legal Victory (Second Priority): If no net monetary advantage exists, Sony Music Publishing and Warner Chappell achieves the superior outcome if they prevail on claims seeking the largest dollar amount of relief in their original pleadings, or if relief amounts are equal, on the greater number of primary causes of action.
Case Termination Advantage (Third Priority): If the case terminates without substantive judgment, Sony Music Publishing and Warner Chappell achieves the superior outcome if (as defendant) all claims are dismissed with prejudice, or (as plaintiff) opposing parties voluntarily dismiss all claims with prejudice. All other termination scenarios result in no superior outcome for any party.
Settlements: Superior outcome if net payment flows to Sony Music Publishing and Warner Chappell; no superior outcome if payment flows from Sony Music Publishing and Warner Chappell; no party achieves superior outcome if terms are sealed or undisclosed.
Key exclusions: Applies only to trial-level resolution — specifically excludes all appeals processes. Procedural victories alone do not constitute superior outcomes.
settlement_timer_seconds1800
statusactive
tickerKXCASEWINMUSIC-28
titleWill Sony Music Publishing and Warner Chappell win their law suit against Anthropic (Case 5:26-cv-09217 )?