- 282 pages
- English
- ePUB (mobile friendly)
- Only available on web
About This Book
A free ebook version of this title is available through Luminos, University of California Press's Open Access publishing program. Visit www.luminosoa.org to learn more. Sequels, reboots, franchises, and songs that remake old songsâdoes 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 offers readers the critical financial literacy necessary to understand the destructive financialization of film, television, and popular musicâand provides a plan to reverse this dire threat to culture.
Frequently asked questions
Information
Table of contents
- Cover
- Title
- Subvention
- Copyright
- Dedication
- Contents
- List of Illustrations
- Introduction
- PART ONE. THE EFFECT OF FINANCE ON MEDIA INDUSTRIES
- PART TWO. THE EFFECT OF FINANCE ON MEDIA TEXTS
- Conclusion
- Acknowledgments
- Glossary of Financial Terms
- Notes
- Bibliography