Abstract

Abstract:

The financial sector has a hidden but dramatic effect on Hollywood: three institutional investors hold the largest investment stakes in nearly all major companies; corporate venture capital has emerged within every entertainment conglomerate; and private equity firms have enacted leveraged buyouts of companies in all sectors, including production, distribution, exhibition, talent agencies, audience measurement, trade press, and content catalogs. This article argues that "financialized Hollywood" is a dangerous development; financial engineering strategies are extracting capital and reducing operational capacity, further depriving Hollywood of the diversity and heterogeneity it might provide the public sphere.

pdf

Additional Information

ISSN
2578-4919
Print ISSN
2578-4900
Pages
pp. 54-84
Launched on MUSE
2020-08-02
Open Access
No
Back To Top

This website uses cookies to ensure you get the best experience on our website. Without cookies your experience may not be seamless.