Technology

37723 readers

473 users here now

A nice place to discuss rumors, happenings, innovations, and challenges in the technology sphere. We also welcome discussions on the intersections of technology and society. If it’s technological news or discussion of technology, it probably belongs here.

Remember the overriding ethos on Beehaw: Be(e) Nice. Each user you encounter here is a person, and should be treated with kindness (even if they’re wrong, or use a Linux distro you don’t like). Personal attacks will not be tolerated.

Subcommunities on Beehaw:

This community's icon was made by Aaron Schneider, under the CC-BY-NC-SA 4.0 license.

founded 2 years ago

MODERATORS

[email protected]

Substack wants to do more than just newsletters (www.semafor.com)

submitted 1 month ago by [email protected] to c/[email protected]

5 comments fedilink hide all child comments

The company still isn’t profitable on an annual basis, and declined to say how much revenue has grown since it was reported to be a modest $9 million in 2022. But Substack has added more than a million paid subscribers over the last year. News content continues to account for the company’s largest segment of subscribers, and it has more in the pipeline.

To avoid fizzling the way competitors like Medium have, Substack is trying to become less a journalism platform and more a payment system for creators.

In recent months, the company has been reaching out to influencers, video creators and podcasters to convince them to join the platform. It doesn’t need beauty influencers, say, to all of a sudden become bloggers. But it does want to be the primary vehicle for paying creators regardless of medium.

you are viewing a single comment's thread
view the rest of the comments

[–] [email protected] 7 points 1 month ago

So... a Patreon for neo-nazis?