Peter Kafka

Recent Posts by Peter Kafka

Music Sales Still Going, Going…

More than a decade after the Napster era, the music business is still declining: Warner Music Group‘s sales dropped 14 percent in the last three months of 2010. And digital revenue, via Apple’s iTunes and the mobile business, is sputtering too. It was up just 1.6 percent, and down 5 percent from the previous quarter.


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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.”