Peter Kafka

Recent Posts by Peter Kafka

Carlyle Group Leads $100 Million Round for Video Service

Avail-TVN, a company that helps process and manage video for cable systems and other services, has raised $100 million in a round led by the Carlyle Group, along with previous investors including Columbia Capital, Valhalla Partners, Novak Biddle and Pioneer Ventures. Avail-TVN used $27 million of the round to buy UK-based On Demand Group, which provides video-on-demand services outside the U.S. Last year, it generated more than $200 million in revenue.


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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