In the wake of the Summer of Substack, the novelty of launching a newsletter where readers pay directly for your work has given way to the reality of, well, keeping that newsletter up. And keeping those readers happy. And finding new ones when, inevitably, some of those readers decide they’re kind of over you (nicely termed as “churn”). Inevitably,... See more
“I think writers have always realized their own value; there just weren't a lot of options in the post-2008 recession for how to make good on it,” says Anne Helen Peterson, who writes the newsletter Culture Study. “But all of this feels very cyclical to me. The economy tanks, writers get laid off from their publications, writers go freelance, write... See more
And you have to wrestle with the paywall and its very unfortunate trade-off. You want to share your work with the widest audience possible. But to any publication that’s too small for ads, free readers are simply not that valuable. For these reasons, I’ve always struggled with the paywall. Asking people to pay for writing is not a great way to make... See more
Platforms like Substack have enabled the best journalists to leave their job, but it’s also put writers on a hamster wheel with a weekly publishing cadence, where they may be making less than they thought.
- A top journalist at a publication creates more value than she can capture, but that changes if he/she has their own audience communication channel (through a website, newsletter, etc.)
For the better part of two years, I struggled to find something of value to give my paid subscribers. Did people really just want to read extra newsletters from me? Not really
All throughout the media world, individual writers are finding that they can use social platforms for distribution, crank out writing coated in their signature style, and make far more money than they were able to when stuck behind the desk of a woebegone publisher.