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Substack is an American online platform that provides publishing, payment, analytics, and design infrastructure to support subscription newsletters. [5] It allows writers to send digital newsletters directly to subscribers.
Substack takes 10% of his gross, and he has other costs, like credit-card-processing fees. But Yglesias and his family get to keep the vast majority of what Slow Boring brings in.
Subscriptions "represent a rush of new money into the media ecosystem, the vast majority of it going directly to writers," says co-founder Hamish McKenzie Substack Reaches 1 Million Paid Subscriptions
The Substack Reader app brings all of your Substack subscriptions into one place where you can read content from writers you follow. The rollout of the Android app comes six months after Substack ...
The money ultimately comes from advertising revenue and/or subscription sales. The author(s) creates a publication, e.g., The Company Newsletter or The Weekly School News. The author is frequently a group, e.g., an organization's marketing department or a fundraising team, but it may be a single-person publication (e.g., Substack newsletters).
James Patterson uses other writers to help him produce work under his name. Which kind of sounds like ChatGPT, right?
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. [ 11 ] [ 20 ] As of December 2024, The Free Press had over 136,000 paid subscribers and was taking in at least $10 million annually.
Substack has no plans to shift its business model to one centered around advertising, even as questions swirl around its revenue outlook in the face of cooling venture investments.
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