24min chapter

American Prestige cover image

E189 - The Financialization of Modern Media w/ Andrew deWaard

American Prestige

CHAPTER

Financial Realities in Media and Music

This chapter explores the financial complexities in media and music industries, particularly focusing on the implications of financialization and corporate consolidation. It addresses how massive investments in properties like 'Lord of the Rings' and the impact of platforms such as Spotify contribute to an environment where artists struggle for fair compensation. Through discussions on market valuation discrepancies and regulatory changes, the chapter highlights the urgent need for a more equitable support system for musicians amidst daunting corporate structures.

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