Peter Kafka

Recent Posts by Peter Kafka

Comcast Says Surprisingly Good Ratings Will Let NBC Break Even On Olympics

No grousing about NBC’s Olympic coverage from Comcast executives today: On the company’s earnings call, Comcast EVP Steve Burke said prime-time ratings for the games are way ahead of the company’s estimates, and that the cable giant now expects to break even on its coverage, instead of a projected loss of $100 million to $200 million. (An earlier version of this report incorrectly attributed Burke’s statement to Comcast CEO Brian Roberts.)


Latest Video

View all videos »

Search »

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