I'm struck by how much Ben's description of what the NYT is becoming - an opinionated, subscriber-focused institution - matches up with how I think about Substa

I'm struck by how much Ben's description of what the NYT is becoming - an opinionated, subscriber-focused institution - matches up with how I think about Substack and Patreon. I wouldn't be surprised if in the long run we basically end up with two types of news and media institutions: the advertising-focused ones who go for incredibly broad and often low-quality work, and the subscribed-focused ones who are more narrow.