How Many Computers Are in Your Computer? eejournal.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from eejournal.com Daily Mail and Mail on Sunday newspapers.
JEMIMA KELLY
The Pulitzer Prize-winning journalist Glenn Greenwald, one of Substack’s biggest names, makes between $80,000 and $160,000 a month in subscriptions to his newsletter. …
Substack, a newsletter platform whose model is based on paid subscriptions, is flying particularly high. It announced on Tuesday that it was raising a further $65m from investors, in a round led by Silicon Valley VC firm Andreessen Horowitz that will reportedly value it at $650m. Established in 2017, Substack now has more than half a million subscribers double what it had in December. And some of its biggest names are making out like bandits.
Glenn Greenwald, the Pulitzer Prize-winning journalist who in October resigned from The Intercept, the online media platform he co-founded, citing “repression, censorship and ideological homogeneity”, has between 20,000 and 40,000 paid subscribers to his newsletter, each contributing at least $5 a month. Once Substack has taken its standard 10 per cent c