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Sure, but it was a good deal for them because Substack advanced them a lot of money. Substack's platform features and general content creator revenue model may
by notahacker 5y ago
Sure, but it was a good deal for them because Substack advanced them a lot of money. Substack's platform features and general content creator revenue model may be better than most but are incidental to why those heavy hitters chose to join.
Musicians complain a lot about Spotify being a poor deal for them financially, but there's no doubt it was an excellent deal for Joe Rogan.
- skybrian 5y agoWe know that for writers, Substack normally charges 10% of subscription revenue. Also, some writers said they would have made more money taking the normal deal over the Pro deal. However, a guaranteed paycheck for the first year is lower risk, so they took the deal. This all depend on your own efforts building an audience and it's still the case that most authors won't make much. But it seems like better terms than Spotify for moderately successful authors.