Peter Kafka

Recent Posts by Peter Kafka

Magnify Finishes Waywire Acquisition

Video distributor Magnify has completed the acquisition of Waywire, the video startup best known for its connection to politician Cory Booker. As we reported earlier, Magnify will now power Waywire’s video curation/aggregation site. Booker, who donated his shares in Waywire to charity last week, won one of New Jersey’s U.S. Senate seats in a special election yesterday.

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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