Derivative Media : How Wall Street Devours Culture
Book Details
Format
Paperback / Softback
ISBN-10
0520392477
ISBN-13
9780520392472
Publisher
University of California Press
Imprint
University of California Press
Country of Manufacture
GB
Country of Publication
GB
Publication Date
Sep 3rd, 2024
Print length
282 Pages
Weight
440 grams
Dimensions
15.10 x 22.90 x 1.90 cms
Product Classification:
Society & culture: general
Ksh 5,400.00
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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 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 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.
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