Peter Kafka

Recent Posts by Peter Kafka

New Funding Round Puts Spotify Valuation at $3 Billion

Spotify has closed its latest funding round, which values the company at around $3 billion, according to a person familiar with the transaction. The Wall Street Journal had previously reported that Goldman Sachs would lead a group of investors putting $100 million into the streaming music company.


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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.”