Peter Kafka

Recent Posts by Peter Kafka

For Sale:, Barely Used

Psst. Wanna buy a cool Web address?

Guardian Media has one for sale. The British publisher is peddling the “” domain name, people familiar with the company tell me. Asking price, I’m told, is something north of $100,000.

If that name rings a bell, it’s probably because you used to dine on big, well-prepared plates of media-covering-media during the first boom, when spent a lot of money trying to create an industry insider/outsider publishing business.

That didn’t work, and eventually paidContent’s Rafat Ali, an veteran himself, bought up the domain in 2008.

The idea was to use the name as an umbrella for his collection of trade sites, and perhaps to help Ali open up a Hollywood outpost. But that never panned out, and if you head to now it will direct you to paidContent.

Ali ended up selling that site and its parent company to Guardian Media in 2008, and left two years later. The British company once had aggressive plans to expand in the U.S., but it’s unclear what it intends to do now. Caroline Little, who was running American operations for the publisher, stepped down earlier this year.

I’ve asked Guardian for comment and will update if it has one.

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Just as the atom bomb was the weapon that was supposed to render war obsolete, the Internet seems like capitalism’s ultimate feat of self-destructive genius, an economic doomsday device rendering it impossible for anyone to ever make a profit off anything again. It’s especially hopeless for those whose work is easily digitized and accessed free of charge.

— Author Tim Kreider on not getting paid for one’s work