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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The Financialization of Modern Media w/ Andrew deWaard | American Prestige
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.
The Nation Podcasts
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.
US Plan for Venezuela’s Oil, Gaza Ceasefire Phase Two, Iran Protests w/ Matt Lech and Negar Mortazavi | American Prestige
Derek welcomes Matt Lech to the show to bring you the news while a sick Danny convalesces. This week: Trump pushes U.S. oil companies to reenter Venezuela and outlines plans for a long-term U.S. takeover of the Venezuelan oil industry (1:34); opposition leader Maria Corina Machado presents Donald Trump with her Nobel Peace Prize medal (7:01); Southern Transitional Council leader Aidarus al-Zubaidi flees Yemen as the group fractures amid competing leadership claims (8:50); Somalia cuts ties with the United Arab Emirates following the latter’s support for Somaliland and the evacuation of Yemeni separatist leaders through Somali territory (12:05); the second phase of the Gaza ceasefire begins as Israel continues to restrict humanitarian aid (14:27); UK Palestine Action prisoners conduct hunger strikes as part of a broader campaign against repression and arms manufacturing, with Matt relaying a statement from the group (18:11); Sudan’s military government announces its return to Khartoum while preparing a major operation against the Rapid Support Forces in Darfur and Kordofan (21:22); China records a $1.2 trillion trade surplus despite U.S. tariffs (24:09); Japan’s prime minister moves toward snap elections amid high approval ratings and ongoing political instability (26:30); the UN reports 2025 as the deadliest year for Ukrainian civilians since 2022 (28:40); American, Danish, and Greenlandic officials meet in Washington as Trump continues to press claims over Greenland (31:06); the Trump administration halts immigrant visa processing for 75 countries (33:15); and the New York Times reports on possible U.S. war crimes involving the use of disguised military aircraft in “anti-smuggling” operations (34:23). Derek then speaks with Negar Mortazavi, journalist and host of The Iran Podcast, about the causes, trajectory, and implications of Iran’s recent nationwide protests (37:11). Find more of Matt’s work over at Left Reckoning, The Majority Report, and The Jacobin Show. Here is the complete statement from UK Palestine Action.
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