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In March 2021, Substack revealed that it had been experimenting with a revenue sharing program in which it paid advances for writers to create publications on its platform; this became a program known as Substack Pro. [4] Substack has been criticized for not disclosing which writers were part of Substack Pro. [45]
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 ...
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 ...
The publication is primarily funded by subscription revenue, [2] and, since October 2022, is financially self-sustaining. [3] 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 ...
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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 ...
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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.