The Guardian has taken a fresh look at Substack making money from subscribers to Nazi publishers on the platform.
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The Guardian has taken a fresh look at Substack making money from subscribers to Nazi publishers on the platform.
The article doesn’t mention how many of its own journalists and ex-journalists run Substacks (or for that matter how many are on white supremacy platform, X)
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The Guardian has taken a fresh look at Substack making money from subscribers to Nazi publishers on the platform.
The article doesn’t mention how many of its own journalists and ex-journalists run Substacks (or for that matter how many are on white supremacy platform, X)
…The article says that Substack has around 5 million paying subscribers and it cites 4 example Nazi accounts there, with an average annual subscription of around $80.
If that price point is typical, since Substack takes about 10% of subscriptions, we might infer that it has a subscription revenue of something like $40 million.
At $1.1 billion, Substack is valued at roughly 27x that figure.
One of the many news organisations actively promoting its free Substack account is the UK’s Channel 4
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The Guardian has taken a fresh look at Substack making money from subscribers to Nazi publishers on the platform.
The article doesn’t mention how many of its own journalists and ex-journalists run Substacks (or for that matter how many are on white supremacy platform, X)
@urlyman it doesn't mention the transphobia published by the guardian either
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@urlyman it doesn't mention the transphobia published by the guardian either
@otfrom true
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