Peter Kafka

Recent Posts by Peter Kafka

YouTube Nabs Next New Networks

YouTube has finalized its acquisition of Next New Networks, announcing a deal that’s been in motion since late last year. No word on price for the New York-based site, but industry sources I talk to have been describing the deal as an “acq-hire,” and YouTube’s announcement of the deal seems to suggest the same by referring to “the addition of the Next New Networks team.” Google’s video site says 17 full-time Next New employees will join YouTube; Next New Networks’ site now directs visitors to YouTube.


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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