Peter Kafka

Recent Posts by Peter Kafka

Sony Re-Ups Movie, Music Boss Michael Lynton

michael_lynton3Lots of people think Sony is looking to sell off its entertainment properties. But here’s an argument against that notion: The company has re-signed Michael Lynton as head of its movie studio and music business.

Lynton had run the movie studio for some time; last year, Sony bumped him up by adding music to his responsibilities. Sony won’t disclose the length of Lynton’s contract, but a statement from Sony CEO Kazuo Hirai indicates that it’s a multiyear term.

Hirai’s press release quote also telegraphs that Sony isn’t in any hurry to dump the businesses Lynton is running: “I look forward to working closely with Michael in ensuring that music and pictures remain integral parts of our global strategy.”

Lynton’s appearance at our D: Dive Into Media conference in February was one of my personal favorites; we had a wide-ranging conversation about everything from home video to Netflix to Facebook. You can see the whole thing here, or watch a highlight reel below:


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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