Peter Kafka

Recent Posts by Peter Kafka

YouTube’s New Revenue Plan: Gouge Warren Buffett!

Here’s the full text of a blog post titled “Announcing YouTube Pro *Wink*,” posted on the Google-owned (GOOG) site tonight:

It was with great pleasure that we heard billionaire investor Warren Buffett enjoys hours and hours of YouTube watching his favorite videos.

The “Oracle of Omaha” also suggested that YouTube should be charging him “a lot of money” based on the enjoyment he gets from YouTube. We agree and are happy to announce a new subscription offering: YouTube Pro. Pro will be offered for a limited time at the low price of $100 million/year. We don’t expect to sell many, but if Mr. Buffett wants to make sure he’s paying his fair share, we take cash, credit and, for him, personal check.


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The problem with the Billionaire Savior phase of the newspaper collapse has always been that billionaires don’t tend to like the kind of authority-questioning journalism that upsets the status quo.

— Ryan Chittum, writing in the Columbia Journalism Review about the promise of Pierre Omidyar’s new media venture with Glenn Greenwald