Peter Kafka

Recent Posts by Peter Kafka

Netflix Heads to U.K. to Take on Amazon

Netflix says it will bring its streaming video service — but not its DVDs — to the United Kingdom and Ireland in “early 2012.” The announcement confirms earlier reports and speculation that the company would target the U.K. after a Latin American expansion in 2011; other reports have the company moving into Spain as well. Unlike other Netflix expansion moves, in the U.K. the company will run up against its first entrenched digital competitor: Amazon’s LoveFilm, most often known as “the Netflix of Europe.” Netflix reports Q3 earnings this afternoon.


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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