OLD Media Moves

Forbes launching expansion of paid newsletters

Forbes is launching a newsletter platform that will allow journalists to launch their own paid newsletters and split the revenue with the 103-year-old publisher, reports Sara Fischer of Axios.

Fischer writes, “Forbes will hire 20-30 writers with big followings to help get the platform up and running. It later plans to add some of its existing editorial verticals to the platform and make the offering available to its 2,800-person contributor network.

“How it works: The idea is to create a platform that offers writers all of the marketing, editorial and salary benefits of being a part of Forbes’ newsroom, but gives them enough editorial independence to ensure that their audiences follow them over to Forbes.

“Writers will be able to split subscription revenue for the newsletters 50/50 with Forbes. They will also be able to receive a cut of advertising revenue with Forbes, with no cap on potential earnings.”

Read more here.

Chris Roush

Chris Roush was the dean of the School of Communications at Quinnipiac University in Hamden, Connecticut. He was previously Walter E. Hussman Sr. Distinguished Professor in business journalism at UNC-Chapel Hill. He is a former business journalist for Bloomberg News, Businessweek, The Atlanta Journal-Constitution, The Tampa Tribune and the Sarasota Herald-Tribune. He is the author of the leading business reporting textbook "Show me the Money: Writing Business and Economics Stories for Mass Communication" and "Thinking Things Over," a biography of former Wall Street Journal editor Vermont Royster.

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