Peter Kafka

Recent Posts by Peter Kafka

Rdio Rounds Up More Cash for Online Music

No one has figured out how to make online music subscriptions really work, but people are still trying: Rdio has raised a new $17.5 million round led by Mangrove Capital. The company had previously raised at least $6 million from Skype and its founders; the new dollars are supposed to help it compete with Apple’s iTunes and a host of other subscription services, including Spotify, Rhapsody and MOG.


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Nobody was excited about paying top dollar for a movie about WikiLeaks. A film about the origins of Pets.com would have done better.

— Gitesh Pandya of BoxOfficeGuru.com comments on the dreadful opening weekend box office numbers for “The Fifth Estate.”