Peter Kafka

Recent Posts by Peter Kafka

About That Music Recovery…

If you were looking for some reason not to get too excited about a reported uptick in music sales, here you go: Universal Music Group, the world’s largest music label, says revenue decreased 5 percent in the last quarter, after accounting for currency effects. The label said digital revenues were up 17.6 percent.


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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