#journalism #dollarnomics #editorial - Tyler K. Nothing reporting.
DATELINE INTERNETOPIA - #Substack has created a mythology in the form of the $15 a month newsletter. The claim was that it would help support independent writers who have been driven out of organized news gathering by capitalist greed’s desire to “trim the fat” (meaning people who cost money they’d rather have in their Cayman bank accounts), but the model is unsustainable. In reality, all it does is net Substack more revenue.
Of course, they need that larger cut to support the now far more bloated model that appears to include completely free hosting of a blog, unless you want to use your custom domain, and then you’ll have to cough up …