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As of August 2021, Substack had more than 250,000 paying subscribers and its top ten publishers were making $7 million in annualized revenue. [41] In April 2022, The New York Times reported Substack may be valued at $650 million. [42] Substack dropped an effort to raise money in May 2022. [43]
The Wall Street Journal. TechCrunch. Vice.These are just a handful of the media outlets who reached out to me earlier this year for comment in their stories. However, they weren't actually looking ...
Substack confirmed that it was the top newsletter on the platform by revenue. It is also at the top of the leaderboard at Substack for politics. [ 18 ] [ 19 ] As of December 2024, The Free Press had over 136,000 subscribers and was taking in at least $10 million annually.
Substack has faced criticism over the last several weeks after a report revealed the platform was hosting Nazi content. Pressure builds on newsletter company Substack to stop revenue sharing with ...
When Patti Smith joined Substack — the now-five-year-old online platform that has writers getting paid via a subscription model — the poet, author and Rock and Roll Hall of Famer had been ...
The company pulled in nearly $2 million in revenue during its first year, most of which was from Substack subscriptions. [5] [13] The Dispatch was Substack's first media company. [7] In October 2022, the publication moved from Substack to its own website. [14] The Dispatch has been sharply critical of Donald Trump from a center-right ...
Anne Helen Petersen is an American writer and journalist. She worked as a Senior Culture Writer for BuzzFeed until August 2020, [1] when she began writing full-time for her newsletter "Culture Study" on Substack. [2]
The burgeoning newsletter platform has become an unexpected social marketplace for vintage finds and high-ticket, in-demand items.