Is This the Worst Month Ever for Legacy Media?

Sure, there are a few stars. But they’re very few. Andrew Sullivan was going it alone and had a limited audience, then he went to “New York” and had a guaranteed income and reached many more. Sure, he was fired from “New York” for his views, but now he’s got an independent newsletter and I ask you…other than reading how much money he is making doin... See more

The current unbundling phase is unsustainable and the long-term media business could look more like the past newspaper model than expected

Substack has built a fantastic platform for independent writers to not only reach their audiences directly, but to support themselves financially while doing so without having to depend on increasingly stultifying media institutions.