Peter Kafka

Recent Posts by Peter Kafka

Thomas Hesse, Bertelsmann’s Top Digital Exec, Steps Down

Thomas Hesse, the executive in charge of Bertelsmann’s business development and digital ventures, is leaving the company. The German media giant says Hesse won’t be replaced, and that CEO  Thomas Rabe will assume his responsibilities. Hesse joined Bertelsmann in 2012; he had previously overseen Sony Music’s digital operations.


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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