How is the Svbtle model working out? The one where they charge content creators $ to host on their site but readers get to read the content for free. Maybe Med

How is the Svbtle model working out? The one where they charge content creators $ to host on their site but readers get to read the content for free. Maybe Medium should have gone this way instead. I find it difficult that there's a working model in which subscription from the readers is going to be sufficient enough to survive, much less grow. Of course certain site s are capable of doing this (NYT, Economist, etc). Medium? I dunno.