Peter Kafka

Recent Posts by Peter Kafka

Reed Hastings Has a Long Memory, Sharp Wit

Oh well. No one is right all the time.

– Netflix CEO Reed Hastings, on Facebook, linking to a 2005 MarketWatch story in which analyst Michael Pachter put a $3 price target on Netflix and said the company “continues to underestimate Blockbuster’s market position.”


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The problem with the Billionaire Savior phase of the newspaper collapse has always been that billionaires don’t tend to like the kind of authority-questioning journalism that upsets the status quo.

— Ryan Chittum, writing in the Columbia Journalism Review about the promise of Pierre Omidyar’s new media venture with Glenn Greenwald