Hedged: How Private Investment Funds Helped Destroy American Newspapers and Undermine Democracy by Susca, Margot

Hedged: How Private Investment Funds Helped Destroy American Newspapers and Undermine Democracy

The untold history of an American catastrophe The ultrawealthy largely own and guide the newspaper system in...
€55,35 EUR
€55,35 EUR
SKU: 9780252087561
Product Type: Books
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Author: Margot Susca
Format: Paperback
Language: English
Subtotal: €55,35
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Hedged: How Private Investment Funds Helped Destroy American Newspapers and Undermine Democracy by Susca, Margot

Hedged: How Private Investment Funds Helped Destroy American Newspapers and Undermine Democracy

€55,35

Hedged: How Private Investment Funds Helped Destroy American Newspapers and Undermine Democracy

€55,35
Author: Margot Susca
Format: Paperback
Language: English
The untold history of an American catastrophe

The ultrawealthy largely own and guide the newspaper system in the United States. Through entities like hedge funds and private equity firms, this investor class continues to dismantle the one institution meant to give voice to average citizens in a democracy.

Margot Susca reveals the little-known history of how private investment took over the newspaper industry. Drawing on a political economy of media, Susca's analysis uses in-depth interviews and documentary evidence to examine issues surrounding ownership and power. Susca also traces the scorched-earth policies of layoffs, debt, cash-outs, and wholesale newspaper closings left behind by private investors and the effects of the devastation on the future of news and information. Throughout, Susca reveals an industry rocked less by external forces like lost ad revenue and more by ownership and management obsessed with profit and beholden to private fund interests that feel no responsibility toward journalism or the public it is meant to serve.



Author: Margot Susca
Publisher: University of Illinois Press
Published: 01/23/2024
Pages: 232
Binding Type: Paperback
ISBN: 9780252087561


Review Citation(s):
Kirkus Reviews 10/15/2023
Publishers Weekly 11/13/2023

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