Peter Kafka

Recent Posts by Peter Kafka

Spotify Competitor Deezer Raises Big Round

Deezer, the Spotify-like streaming music service that is big in France, has raised a reported $130 million in a round led by Warner Music Group owner Access Industries. Of that, $30 million will supposedly be used to buy out existing shareholders. Earlier this week Deezer invited press to an October 10 event where it said it would reveal “details of a major new funding investment.”


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Nobody was excited about paying top dollar for a movie about WikiLeaks. A film about the origins of Pets.com would have done better.

— Gitesh Pandya of BoxOfficeGuru.com comments on the dreadful opening weekend box office numbers for “The Fifth Estate.”