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John Philpin's avatar

.. and now Kevin Drum has left Mother Jones : https://jabberwocking.com/

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Seems I'm not just the only one talking about 'Substack Economics'.

"We’re Going to Be Stunned by How Much Money He Makes”:

- Wall Street Looks to Donald Trump’s Next Con - Vanity Fair

"What some on Wall Street think Trump will do is further tap into a subset of his army of 74.2 million voters and ask its members to give him, say, $100 a year to continue to get his pithy utterances, now that he has been removed from most of the major social media platforms. Think of it as a Trumpian version of Substack. Follow the logic for a moment."

"If 25 million people agreed to pay Trump $100 a year, that’s $2.5 billion free and clear, far more money than he would need to pay off his creditors."

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It seems that Twitter agrees that Newsletters are big business. One of Substack's competitors ... 'Revue' - has just been bought by Twitter.

Read All About it : https://www.getrevue.co/profile/the_week_in_newsletters/issues/whew-309265

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Jan 25, 2021
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That said - no argument that they felt ‘restricted’ in what they could say - but that has been for others ‘for ever’ ... now ‘passionate’ writers have a place to go - and build an income ....

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And to ‘balance’ - Uk’s ‘organ’ from the right - the Daily Torygraph remains firmly to the left of the American center.