Daily-Dose

Contents

From New Yorker

From Vox

And this week Facebook said it also plans to launch its paid newsletter product “in the coming months.”

In both cases, the potential advantages the big platforms have over Substack are obvious: Enormous reach, and an ability to compete viciously on pricing. Twitter says it will take 5 percent of authors’ revenue — half of the 10 percent Substack currently takes. And Facebook hasn’t said what it will charge, though its reps are nudging and winking and suggesting they may not take anything at all.

Meanwhile, Substack has deliberately made it easy for new competitors to take root, since it tells authors that they can take everything they’ve built on Substack — both their archives and their mailing list — and move it anywhere they want. Doyle, for instance, was able to get up and running on Ghost days after they wrote their first post criticizing Substack.

“I do think that the current Substack Discourse has sort of underweighted how big their business model challenge is here,” Yglesias told me when I asked him if he would stay on Substack after his first year on the platform. “In the long run, it seems like Substack is at serious risk of losing its biggest players.”

On the other hand, unless you’re running your own private newsletter business, it seems like anyone on any newsletter platform runs the risk of the same problem Doyle identified in their first blog post. If you’re on someone else’s platform, then other people will be there too — perhaps even making money — and you may hate them.

That’s fine, Doyle told me. In that case, they wrote: “I have the option to say ‘fuck it,’ leave, and encourage others to leave.”

From The Hindu: Sports

From The Hindu: National News

From BBC: Europe

From Ars Technica

From Jokes Subreddit