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

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Isabelle Dussauge, Claes-Fredrik Helgesson, and Francis Lee, “Value Practices in the Life Sciences and Medicine” (Oxford UP, 2015)

Isabelle Dussauge, Claes-Fredrik Helgesson, and Francis Lee, “Value Practices in the Life Sciences and Medicine” (Oxford UP, 2015)

Valuation is a central question in contemporary social science. Indeed the question of value has a range of academic projects associated with it, whether in terms of specific questions or in terms of ...

26 Sep 201551min

Lois Lee, “Recognizing the Non-religious: Reimagining the Secular” (Oxford UP, 2015)

Lois Lee, “Recognizing the Non-religious: Reimagining the Secular” (Oxford UP, 2015)

What does non-religion mean? In a new book Recognizing the Non-Religious: Reimagining the Secular (Oxford University Press, 2015), Lois Lee, one of the editors of Secularism and Non-Religion, interrog...

14 Sep 201538min

Alf Gunvald Nilsen and Srila Roy, “New Subaltern Politics: Reconceptualizing Hegemony and Resistance in Contemporary India” (Oxford UPs 2015)

Alf Gunvald Nilsen and Srila Roy, “New Subaltern Politics: Reconceptualizing Hegemony and Resistance in Contemporary India” (Oxford UPs 2015)

New Subaltern Politics: Reconceptualizing Hegemony and Resistance in Contemporary India (Oxford University Press, 2015), edited by Alf Gunvald Nilsen and Srila Roy, is a wonderfully rich and theoretic...

8 Sep 201537min

Liz McFall, “Devising Consumption Cultural Economies of Insurance, Credit and Spending” (Routledge, 2014)

Liz McFall, “Devising Consumption Cultural Economies of Insurance, Credit and Spending” (Routledge, 2014)

The role of financial services in individuals’ and communities’ everyday lives is more important than ever. In Devising Consumption: Cultural Economies of Insurance, Credit and Spending (Routledge, 20...

2 Sep 201546min

William Davies, “The Happiness Industry: How the Government and Big Business Sold Us Well-Being” (Verso, 2015)

William Davies, “The Happiness Industry: How the Government and Big Business Sold Us Well-Being” (Verso, 2015)

Are you happy? In his new book The Happiness Industry: How the Government and Big Business Sold Us Well-Being (Verso, 2015), William Davies, a senior lecturer at Goldsmiths’ College, University of Lon...

18 Aug 201544min

Christopher Vitale, “Networkologies: A Philosophy of Networks for a Hyperconnected Age” (Zero Books, 2014)

Christopher Vitale, “Networkologies: A Philosophy of Networks for a Hyperconnected Age” (Zero Books, 2014)

Networks seem to be the dominant metaphor for contemporary society. In Networkologies: A Philosophy of Networks for a Hyperconnected Age (Zero Books, 2014), Christopher Vitale sets out a manifesto for...

12 Aug 201543min

Craig Martin, “Capitalizing Religion: Ideology and the Opiate of the Bourgeoisie” (Bloomsbury, 2014)

Craig Martin, “Capitalizing Religion: Ideology and the Opiate of the Bourgeoisie” (Bloomsbury, 2014)

Whether you need help being more focused at work, are having a spiritual crisis, or want to understand how you can change your inner self for the better, the popular self-help and spiritual well-being...

4 Aug 20151h 2min

Alexander Etkind, “Warped Mourning: Stories of the Undead in the Land of the Unburied” (Stanford UP, 2013)

Alexander Etkind, “Warped Mourning: Stories of the Undead in the Land of the Unburied” (Stanford UP, 2013)

Theoretical and historical accounts of postcatastrophic societies often discuss melancholia and trauma at length but leave processes of mourning underexplored. In Warped Mourning: Stories of the Undea...

26 Juli 201550min

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