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The Substack Millionaire Myth Is Crumbling
Season 1
Episode 1
Published 1 month, 2 weeks ago
Description
Lucas and Luna kick off The Newsletter Podcast by examining Substack's 10% cut of writer revenue and the economics of paid newsletters. They compare Substack's fee to Beehiiv's 5% and explore Substack's failed attempt to win over journalists with upfront advances. The hosts also look at the broader newsletter boom and the question of audience portability. A sharp, data-driven conversation about who really makes money in the newsletter business.