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Substack says it has reached 1M paying subscribers, up from 250,000 last December

Many top journalists have left legacy media to go it alone on publishing platform  —  Newsletter start-up Substack has reached 1m paying subscribers, underlining the growing power of à la carte journalism … Source: Substack .

Financial Times Anna Nicolaou

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Discussion

  • @hamishmckenzie Hamish McKenzie on x
    Fun fact: A little over four years ago, there were zero paid subscriptions to substacks. Today, there are 1 million. https://on.substack.com/...
  • @andrewchen Andrew on x
    It's still early days for Substack - but incredible momentum so far! https://twitter.com/...
  • @ggreenwald Glenn Greenwald on x
    In case you've been wondering why there is a never-ending tidal wave of identical articles from liberal corporate media outlets attempting to malign and disparage Substack using the same script over and over: https://twitter.com/...
  • @apompliano Pomp on x
    Substack is a very special company. It is great to see them reaching the 1 million subscriber mark. Hopefully just the first million on the way to many more. Congratulations @cjgbest and @hamishmckenzie :) https://on.substack.com/...
  • @mediaevan Evan DeSimone on x
    Impressive for a platform where the primary growth engine is being annoying on Twitter. https://www.axios.com/...
  • @ljin18 Li Jin on x
    it's easy to forget this now but just a couple years ago, paid newsletters were thought to be too niche and the overall TAM too small to support a large company. then @SubstackInc showed them wrong. https://twitter.com/...
  • @carnage4life Dare Obasanjo on x
    Substack now has 1M paying users, up from 250K this time last year and the top ten writers earn $20M/year in revenue. Journalists should consider if fighting Substack with FUD is the right approach versus moving there to create a brand and beat the rush. https://www.ft.com/...