The Financialization of Modern Media
On this episode of American Prestige, Andrew deWaard on his book Derivative Media: How Wall Street Devours Culture.

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On this episode of American Prestige, Danny speaks with Andrew deWaard, assistant professor of media and popular culture at UC San Diego, about his book Derivative Media: How Wall Street Devours Culture. The two discuss how the falling rate of profit shapes the modern media landscape, the increased drive toward consolidation in entertainment companies, the big movers like private equity firms, hedge funds, asset managers, and venture capitalists, artists' limited ability to defend themselves, the rise of IP, and more.
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On this episode of American Prestige, Danny speaks with Andrew deWaard, assistant professor of media and popular culture at the University of California–San Diego, about his book Derivative Media: How Wall Street Devours Culture. The two discuss how the falling rate of profit shapes the modern media landscape, the increased drive toward consolidation in entertainment companies, the big movers like private equity firms, hedge funds, asset managers, and venture capitalists, artists’ limited ability to defend themselves, the rise of IP, and more.

Here's where to find podcasts from The Nation. Political talk without the boring parts, featuring the writers, activists and artists who shape the news, from a progressive perspective.
Derek welcomes back Esfandyar Batmanghelidj, founder and CEO of the Bourse and Bazaar Foundation and professor at Johns Hopkins University, to discuss the economic consequences of the Iran war and its implications for the Gulf and the global economy. They discuss Iran’s strikes on Gulf infrastructure, disruptions to shipping and energy routes through the Strait of Hormuz, risks to logistics hubs like Dubai and Doha, rising oil prices, the vulnerability of global supply chains, and the potential long-term economic impact of the conflict on the Gulf.
Read Esfandyar’s article in Foreign Policy, “The Iran War Is Jeopardizing the Entire Global Economy.”
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