Peter Kafka

Recent Posts by Peter Kafka

QOTD: Spotify Gets a Pat on the Head, But Not a Deal

We do see Spotify, and services like Spotify, as ever-more meaningful for our results.

Warner Music Group CEO Edgar Bronfman Jr. during this morning’s earnings call, making his most encouraging noises yet about the streaming music service. But while Warner works with Spotify in Europe, it has yet to ink a deal with the company for the U.S. As of this week, Sony is the only major label to do so.


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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