Toggle Menu

The Financialization of Modern Media

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

Daniel Bessner and Derek Davison

December 17, 2024

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.

The Financialization of Modern Media w/ Andrew deWaard | American Prestige
byThe Nation Magazine

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.

Our Sponsors:* Check out Avocado Green Mattress: https://avocadogreenmattress.com

Advertising Inquiries: https://redcircle.com/brands

Privacy & Opt-Out: https://redcircle.com/privacy

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.

How LA Defeated Trump, Plus Bob Dylan’s Xmas | Start Making Sense
byThe Nation Magazine

In June, Trump sent more than 4,000 National Guard troops and 700 Marines to occupy Los Angeles and terrorize the immigrant population. But by the end of July, almost all the Guard and the Marines were gone. Bill Gallegos explains how that happened and what other cities can learn from it. 

Also: Bob Dylan fans have been puzzled and troubled by his Christmas album ever since he released it in 2009. To help figure out what Dylan was doing, we turn to Sean Wilentz. He’s author of Bob Dylan in America, and he also teaches history at Princeton. (Originally recorded in January, 2005.)​ 

Our Sponsors:* Check out Avocado Green Mattress: https://avocadogreenmattress.com

Advertising Inquiries: https://redcircle.com/brands

Privacy & Opt-Out: https://redcircle.com/privacy

Subscribe to The Nation to Support all of our podcasts

Daniel BessnerTwitterDaniel Bessner is an historian of US foreign relations, and cohost of American Prestige, a podcast on international affairs.


Derek DavisonDerek Davison is a writer and analyst specializing in international affairs and US foreign policy. He is the publisher of the Foreign Exchanges newsletter, cohost of the American Prestige podcast, and former editor of LobeLog.


Latest from the nation