Peter Kafka

Recent Posts by Peter Kafka

Viacom Says Netflix Isn’t Hurting Nickelodeon Ratings

Viacom, which has seen ratings decline at its Nickelodeon cable channel, doesn’t think it is losing eyeballs to Netflix, which offers an array of kids programming, including Nickelodeon shows like “Dora the Explorer.” Viacom CEO Philippe Dauman, speaking during the company’s earnings call this morning, continues to argue that the ratings decline stems primarily from a Nielsen miscount. Viacom saw revenue increase 3 percent for Q4, while earnings dropped 5 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