Peter Kafka

Recent Posts by Peter Kafka

Mediaite Runs on Video It Doesn't Pay For. Can It Keep Going?

Can Mediaite continue to run big chunks of other people’s videos without their permission? Dan Abrams’s media site, which depends on clips from TV news operations to fuel its traffic, thinks it can. So does Magnify.net, which actually hosts the clips for Abrams. But DailyFinance’s Jeff Bercovici wonders if one of the media giants will finally bring the hammer down.

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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