Peter Kafka

Recent Posts by Peter Kafka

Chernin Group Confirms Crunchyroll Investment

Peter Chernin’s investment company has announced its investment in Crunchyroll, the online anime subscription service. The Chernin Group now owns a majority stake in the company, via a deal that values the startup at something close to $100 million. AllThingsD reported on the deal in October.


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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