Subscription Media

while this podcast will 100% reduce my daily update open rates, it will also 100% increase my likelihood of retention to @stratechery. subscription media models are masterful for aligning business and user incentives in a way that ad models are not. @noahchestnut WDYT?

Web2 content pricing is so broken: a subscription to 70 million songs costs the same amount as a subscription to one newsletter.

a fascinating distinction between subscriptions (legacy media) & membership (creators) happening in real time— subscriptions: best content is paywalled because content is the only value membership: best content is free because the creator and the community is the value.

4/ Software subscription businesses: 1. Activation rate: The percentage of free/trial users who hit a valuable milestone in the first X days after signing up (e.g. meditate, watch a show, listen to a song, find a match, sync a folder, etc.) 2. Intensity of engagement: L7/L30

1/ Thread: Newsletter TAM Today I polled on twitter how many investment professionals pay for newsletter/research blog/substack subscription. Almost half responded: Zero. The other half who pays for subscription, more than half of them pays for only one... See more