Peter Kafka

Recent Posts by Peter Kafka

Warner Music Rewards New Owner With Decent Quarter

This is a nice way to greet the new boss: Warner Music, set to be acquired by investor Len Blavatnik, reports a nice Q2, particularly by music industry standards: Revenue was up 2 percent, while digital sales were up 9 percent. But operating income was down 6 percent, in part because of severance charges, and the company lost 25 cents per share.


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Another gadget you don’t really need. Will not work once you get it home. New model out in 4 weeks. Battery life is too short to be of any use.

— From the fact sheet for a fake product entitled Useless Plasticbox 1.2 (an actual empty plastic box) placed in L.A.-area Best Buy stores by an artist called Plastic Jesus