Judd Legum

@JuddLegum ↗

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Last Checked Dec. 31, 2020

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Tue May 26 01:34:24 +0000 2020

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Judd Legum @JuddLegum

The number of subscribers you need to make this model work is not astronomical. Think about the NYT. It has 3.9 MILLION digital subscriptions. Sounds like a lot, right? But the NYT also has 1700 journalists. That's only 2300 subscribers per journalist — PolitiTweet.org

Posted May 26, 2020 Hibernated

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Judd Legum @JuddLegum

Let just add that everything I love about the @SubstackInc model is why I hate the @Medium model. Medium owns the relationship with readers and the subscription revenue Then they pay you each month based on an opaque and changing formula Each month, you start again at zero — PolitiTweet.org

Posted May 26, 2020 Hibernated

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Judd Legum @JuddLegum

The New York Times also has ad revenue etc. But the point stands because you can make a very nice living off of 2300 subscribers. And once you get there you can build to 4600 and 6600. Is it easy. No, it's quite hard. — PolitiTweet.org

Posted May 26, 2020 Hibernated