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10 Tuesday AM Reads - The Big Picture

10 Tuesday AM Reads - The Big Picture
ritholtz.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ritholtz.com Daily Mail and Mail on Sunday newspapers.

The Capitalism is Broken Economy

Culture Study Share This is the midweek edition of Culture Study the newsletter from Anne Helen Petersen. If you like it and want more like it in your inbox, consider subscribing.  Subscribers: If you haven’t activated your invitation to Sidechannel, email me for a new one! Along with Eric Newcomer, I’ll be interviewing the CEO of Cameo this Thursday afternoon (4/22) at 4 pm ET / 1 pm PT. If you’re curious about Sidechannel, read more about it here. We have four positions open, Christy Welch, the co-owner of Black Cat Bake Shop, told the Missoulian. One is for a barista. We ve gotten maybe three to four applications for that job, when we would usually get 20-25. We have three back-of-house positions and we ve gotten no applications.

Substack will spend $1 million to support up to 30 local news writers » Nieman Journalism Lab

Substack will spend $1 million to support up to 30 local news writers » Nieman Journalism Lab
niemanlab.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from niemanlab.org Daily Mail and Mail on Sunday newspapers.

Substack announces a $1M initiative to fund local journalists – TechCrunch

Substack announces a $1M initiative to fund local journalists While the seemingly unending debate around Substack has focused on well-known writers with a national profile, the newsletter platform just announced that it will be supporting local (presumably non-famous) journalists through a new program. The startup described Substack Local as a $1 million initiative that will fund independent writers creating local news publications. Similar to the Substack Pro program, the company will offer cash advances of up to $100,000, as well as mentorship and “subsidized access” to health insurance and design services. In exchange, Substack will take 85% of subscription revenue for a year (its cut goes back to the standard 10% after that).

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