Peter Kafka

Recent Posts by Peter Kafka

New York Times Digital Subscription Numbers Grow 20 Percent

The New York Times ended 2011 with 390,000 digital subscribers, up about 20 percent from its third-quarter total. Some of the new subscriptions came from the publisher’s International Herald Tribune, which started digital sales last fall. The Times saw overall revenue drop 2.8 percent for the quarter, as ad revenue shrank 7.1 percent while circulation revenue increased.


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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