Substack news and trends

Media Platforms Race to Monetize Influencers’ Followings With Subscriptions
Subscriptions // December 19, 2023

As businesses seek more effective ways to monetize the rise of the influencer economy, leading players are pushing options for creators to offer their followers subscriptions, capitalizing on their fan bases. For instance, Meta shared last month that its Instagram Subscriptions offering for accounts with...

Substack Pushes Video as Creator Subscriptions Compete to Stand Out
Subscriptions // November 30, 2023

With increasing competition among platforms promising influencers and creators the opportunity to monetize their followings, Substack is pushing back against its reputation as a newsletter platform, emphasizing its multimedia tools. In a post to the platform Wednesday (Nov. 29), Co-founder and CEO Chris Best, Co-founder...

Platforms, Not Creators, Reap Financial Rewards of Creator Economy
Connected Economy // April 23, 2023

The creator economy is apparently leaving a bulk of creators out in the cold. In an opinion piece published Saturday (April 22) by the Financial Times, Leo Lewis argues there is a “stunning concentration of revenues” on a small number of Gen Z creators, and...

Facebook to Shut Down Bulletin Subscription Newsletter Service
Facebook // October 04, 2022

Facebook will be shutting down the Bulletin subscription service it had been using to compete with Substack and other popular newsletter services, The New York Times wrote Tuesday (Oct. 4). Facebook said the service will be wound down early next year. “Bulletin has allowed us to...

Quick Reads
Substack Rolls out Payment Support for International Currencies

January 29, 2024
Substack readers can now pay for their subscriptions in local currencies. It’s part of a wider series of changes by the newsletter publisher announced last week as it seeks to make things easier for international writers and readers, according to a company blog post. “Substack has implemented pricing in 13 different currencies, so readers can […]

Platforms, Not Creators, Reap Financial Rewards of Creator Economy

April 23, 2023
The creator economy is apparently leaving a bulk of creators out in the cold. In an opinion piece published Saturday (April 22) by the Financial Times, Leo Lewis argues there...

Facebook to Shut Down Bulletin Subscription Newsletter Service

October 04, 2022
Facebook will be shutting down the Bulletin subscription service it had been using to compete with Substack and other popular newsletter services, The New York Times wrote Tuesday (Oct. 4). Facebook...

Bitcoin Daily: El Salvador Prepares To Launch Bitcoin Wallet In September; After Visa’s NFT Buy,...

August 23, 2021
El Salvador President Nayib Bukele said the country’s government-supported cryptocurrency wallet will be live at the beginning of September, The Block reported. The Chivo wallet, which will be made available Sept....