Andrew deWaard, "Derivative Media: How Wall Street Devours Culture" (U California Press, 2024)

Andrew deWaard, "Derivative Media: How Wall Street Devours Culture" (U California Press, 2024)

Sequels, reboots, franchises, and songs that remake old songs—does it feel like everything new in popular culture is just derivative of something old? Contrary to popular belief, the reason is not audiences or marketing, but Wall Street. In this book, Andrew deWaard shows how the financial sector is dismantling the creative capacity of cultural industries by upwardly redistributing wealth, consolidating corporate media, harming creative labor, and restricting our collective media culture. Moreover, financialization is transforming the very character of our mediascapes for branded transactions. Our media are increasingly shaped by the profit-extraction techniques of hedge funds, asset managers, venture capitalists, private equity firms, and derivatives traders. Illustrated with examples drawn from popular culture, Derivative Media: How Wall Street Devours Culture (University of California Press, 2024) offers readers the critical financial literacy necessary to understand the destructive financialization of film, television, and popular music—and provides a plan to reverse this dire threat to culture. A free digital version of this title is available here. Andrew deWaard is Assistant Professor of Media and Popular Culture at the University of California, San Diego, and coauthor of The Cinema of Steven Soderbergh: Indie Sex, Corporate Lies, and Digital Videotape. Peter C. Kunze is assistant professor of communication at Tulane University. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/critical-theory

Episoder(2155)

Jen Harvie, “Fair Play: Art, Performance and Neoliberalism” (Palgrave, 2013)

Jen Harvie, “Fair Play: Art, Performance and Neoliberalism” (Palgrave, 2013)

Arts and culture are under threat in the age of austerity. This threat is underpinned by the misuse of the idea of participation in contemporary performance. This is one of the central arguments of Fa...

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Sam Gindin and Leo Panitch, “The Making of Global Capitalism: The Political Economy of American Empire” (Verso, 2013)

Sam Gindin and Leo Panitch, “The Making of Global Capitalism: The Political Economy of American Empire” (Verso, 2013)

Two Canadian socialist thinkers have published a new book on the successes and failures, the crises, contradictions and conflicts in present-day capitalism. In The Making of Global Capitalism: The Pol...

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Martin Shuster, “Autonomy after Auschwitz: Adorno, German Idealism and Modernity” (U of Chicago Press, 2014)

Martin Shuster, “Autonomy after Auschwitz: Adorno, German Idealism and Modernity” (U of Chicago Press, 2014)

The work of Theodore Adorno is well established as a crucial resource for understanding the complexities of contemporary capitalism, playing a foundational role in Critical Theory. Dialectic of Enligh...

2 Feb 201547min

Steven Shaviro, “The Universe of Things: On Speculative Realism” (University of Minnesota Press, 2014)

Steven Shaviro, “The Universe of Things: On Speculative Realism” (University of Minnesota Press, 2014)

Steven Shaviro‘s new book is a wonderfully engaging study of speculative realism, new materialism, and the ways in which those fields can speak to and be informed by the philosophy of Alfred North Whi...

16 Jan 20151h 3min

Robert Hewison, “Cultural Capital: The Rise and Fall of Creative Britain” (Verso, 2014)

Robert Hewison, “Cultural Capital: The Rise and Fall of Creative Britain” (Verso, 2014)

How did a golden age of cultural funding in UK turn to lead? This is the subject of a new cultural history by Robert Hewison. Cultural Capital: The Rise and Fall of Creative Britain (Verso, 2014) cha...

19 Des 201454min

Steven Fielding, “A State of Play” (Bloomsbury Academic, 2014)

Steven Fielding, “A State of Play” (Bloomsbury Academic, 2014)

To understand contemporary politics we must understand how it is represented in fiction. This is the main argument in A State of Play: British Politics on Screen, Stage and Page, from Anthony Trollop...

12 Des 20141h 2min

Beth Driscoll, “The New Literary Middlebrow: Readers and Tastemaking in the Twenty-First Century” (Palgrave-MacMillan, 2014)

Beth Driscoll, “The New Literary Middlebrow: Readers and Tastemaking in the Twenty-First Century” (Palgrave-MacMillan, 2014)

It is a cliche to suggest we are what we read, but it is also an important insight. In The New Literary Middlebrow: Readers and Tastemaking in the Twenty First Century (Palgrave-MacMillan, 2014), Beth...

3 Des 201441min

Sam Friedman, “Comedy and Distinction” (Routledge, 2014)

Sam Friedman, “Comedy and Distinction” (Routledge, 2014)

What is funny? What makes you laugh? We think of laughter as being universal idea that applies to everyone, no matter their age, ethnicity, gender or social class. In Comedy and Distinction: The Cultu...

21 Nov 201447min

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