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

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.
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.
In this host-only bonus episode, Charlotte and Jo discuss some of their most memorable reads of 2025. Authors discussed include Shon Faye, Sarah Schulman, Ai Yazawa, Marjane Satrapi, Ariana Reines, Kyung-Ran Jo, and more.
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Charlotte Shane’s most recent book is An Honest Woman. Her essay newsletter, Meant For You, can be subscribed to or read online for free. Her social media handle is @charoshane.
Jo Livingstone is a writer who teaches at Pratt Institute.
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