Media homogenization results from the broader political economy and financial capital’s power

Evidence

The era of consolidation and homogenization in film, television, and popular music documented in this book is an outcome of the broader political economy and its current material realities. … Because the increasing power of financial capital is so important to the past, present, and future of our political economy, as well as the media system within it, its history is our focus. — Andrew deWaard, Derivative Media, 69

Categorization

• XREF: Connects directly to the reader’s core thesis that ownership structure leaves fingerprints on artistic form — this frames the whole causal argument. — connects to: Capital profits from local cultural uniqueness while destroying it via gentrification and homogenization — Max Haiven, Cultures of Financialization, 463; Broadcast networks actively molded homogeneous postwar Americans into a unified consumer mass — Tim Wu, The Attention Merchants, 618