this post was submitted on 21 Feb 2024
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chapotraphouse

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[–] davel@hexbear.net 35 points 2 years ago (7 children)

Is there anything Matthew Yglesias doesn’t not understand? Such a prolific and well-compensated nonunderstander of things.

Top 27 highest-earning Substack newsletters generate over $22m a year

Similarly, The Washington Post reported last month that Slow Boring, the newsletter run by Vox co-founder Matthew Yglesias, has at least 13,000 paying subscribers, which would mean his Substack generates at least $1.04m. Yglesias was originally tempted to the platform with a $250,000 up-front payment (offset by Substack taking 85% of his first year’s subscription revenue). According to Press Gazette's analysis, Slow Boring should also earn at least $800,000 annually before Substack's 10% fee.