Newsletter startup Substack has hit the one-million-paying-subscriber milestone, highlighting the growth of journalism by individual writers as a business model for news.
The number of paying subscribers rose from 250,000 in December 2020 to one million this November. Renowned writers from outlets such as The New York Times have left their jobs to join Substack because of more editorial freedom and cash advances.
Substack offers writers a tech platform to self-publish and create their own freelance business, charging a fee for access to their newsletters, with Substack taking a 10 percent cut of the revenue writers make from subscriptions.
Read more here.
Former CoinDesk editorial staffer Michael McSweeney writes about the recent happenings at the cryptocurrency news site, where…
Manas Pratap Singh, finance editor for LinkedIn News Europe, has left for a new opportunity…
Washington Post executive editor Matt Murray sent out the following on Friday: Dear All, Over the last…
The Financial Times has hired Barbara Moens to cover competition and tech in Brussels. She will start…
CNBC.com deputy technology editor Todd Haselton is leaving the news organization for a job at The Verge.…
Note from CNBC Business News senior vice president Dan Colarusso: After more than 27 years…