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Peter Kafka Quotes

Total quotes: 5
“Demand Media is selling humor site Cracked to E.W. Scripps for $39 million... It has 40 employees, and generated $11 million in revenue last year.In January, comScore said the site attracted eight million U.S. visitors.”
— Peter Kafka, Re/Code, No joke: Demand Media sells Cracked.com to E.W. Scripps for $39 million
Tagged: Media Acquisitions, Demand Media
“Here’s the problem: No matter how hard Google and Facebook try to help publishers, they will do more to hurt them, because that’s the way they’re supposed to work. They’re built to eviscerate publishers.”
— Peter Kafka, Google and Facebook can’t help publishers because they’re built to defeat publishers
Tagged: Media Cliff Notes, Facebook, Google, Digital media
“And yes, Topolsky says, he didn’t expect to end up working with Goldberg, either.”
— Peter Kafka, Bustle Digital, the company that bought Gawker and Mic, has acquired the Outline
Tagged: Bustle Digital, The Outline, Media Cliff Notes, Digital media
“Conde Nast is the company behind some of the world’s most glamorous and influential magazines, including Vogue, the New Yorker, and Vanity Fair. It is also a company in decline, because the magazine business is in decline.”
— Peter Kafka, The company that owns the New Yorker and Vogue is bleeding money
Tagged: Vogue, Condé Nast, New Yorker, Media Cliff Notes, Media
“Bankoff has pledged not to cut any editorial jobs when the two companies combine, which leaves open the very real possibility that Vox will consolidate other parts of the business, like tech or sales operations. He told me the deal is not premised on cost-cutting, but that’s different from saying he won’t be cutting some costs.”
— Peter Kafka, Why Vox Media says it bought New York Media
Tagged: Media Cliff Notes
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