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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.
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]
There is a difference between Bellingcat (as an example) setting themselves up as an independent self published publication and some of the recent Substack self publishing; which is effectively the last refuge of at least one journalist unhappy at being expected to follow the usual journalistic rigour and deciding to publish unqualified rumours ...
Publication of the document reflects how a shifting media ecosystem featuring more high-profile independent journalists on platforms like Substack can influence the ability of state-sponsored ...
A Washington Post cartoonist announced that she had quit the paper this week because it rejected her cartoon of Amazon founder and Post owner Jeff Bezos groveling to President-elect Trump. Post ...
Substack said that after a review, it had decided that the five publications had violated the company’s existing content rules, which prohibit content that incites violence based on protected ...
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 ...
It has also received a grant from its hosting platform, Substack, the only UK-based publication to receive a grant from its programme, [4] allowing it to set up two sister publications in other Northern cities: The Tribune in Sheffield, and The Post in Liverpool. [5] In 2024, a Glasgow title, The Bell, launched with a London launch to follow. [6]