Peter Kafka

Recent Posts by Peter Kafka

Spotify May Have 70,000 Paid Subscribers a Week After U.S. Launch

All that publicity — and all those free invitations — looks to have worked for Spotify: Billboard editor Bill Werde says his sources estimate that the music service has 70,000 paid subscribers just a week after launch. For context: The service says it has 1.6 million paid subscribers after two years of operation in Europe. If American users follow the European pattern, they will have overwhelmingly signed on for the service’s $10-a-month option.


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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