Is Substack the Media Future We Want?
newyorker.com
newyorker.com
But while the author drops a few implications along the way, it's not really until the fifth or so paragraph from the end do they finally reveal a more concrete suspicion:
> A robust press is essential to a functioning democracy, and a cultural turn toward journalistic individualism might not be in the collective interest. It is expensive and laborious to hold powerful people and institutions to account, and, at many media organizations, any given article is the result of collaboration between writers, editors, copy editors, fact checkers, and producers.
Dunno, it kinda seems like wondering if there can be room for a multi-million dollar HBO special like Game of Thrones in a world where niche Patreon creators are making thousands of dollars. I guess we don't even need analogy: how do paid niche blogs (which is a far more accurate description of Substack than "premium newsletters") threaten large publications?
But to answer their question: yes, I think Substack is definitely part of the future we want. For years we've wondered if we could back out of our ad-driven internet economy where small players had no shot at making a living if they couldn't attract ad dollars. We've brainstormed so much about what that could even look like.
Then platforms like Patreon and Substack popped up and demonstrated what a lot of us assumed was impossible: people opening their wallet to support an individual.
Looks like there actually is a way through this ad-driven mess.
But reading the article, especially with the 15(!!) inset ads and the Creative Cloud sidebar ad that followed me the whole length of the article, I realized how hard it is to damn Substack with anything that doesn't pale in comparison to ad-captured traditional media.
You wrote what I wanted to.
Substack is an enabling technology, and functionally replaces the printer that magazines like the New Yorker use to physically print their magazine before sending them out to readers via USPS (instead of email) or to bookstores.
They also picked a very good payment processor in Stripe, another enabling technology that functionally replaces the physical terminals you would get from Square or First Data.
In the long term I might be concerned about Substack if they take on too much VC money and try to go the full Medium route. In the short term, concerning yourself with Substack is like concerning yourself with what kind of printers that a book publisher uses. A printer can be technically interesting, but ultimately it does the job you ask of it.
10 years ago, users of a free service I run urged me to put up a Paypal donation button like they were dying to throw money at me. After months of urging, I finally did. ...I received so little in donations that I refunded the money.
Last year, my users urged me to put up a Patreon and, expecting the worst, I finally did it. The service isn't nearly as popular as it was 10 years ago, yet they've committed $300+/month which is enough to at least pay for some of my time to improve the service, a service I considered taking down.
It's hard to overstate what's going on here. There are avenues opening up just when I thought, yesterday, that they closed off for good.
Just like Adsense created a content renaissance that let small creators (on a couple mediums) make a living, it might not be overstating it to say that we're seeing the next one, this time with direct, recurring (important!) funding.
Aside, I wonder what the historian's analysis of the cultural shift would look like mapped out. I wouldn't be surprised if Twitch was the lynchpin in normalizing direct contribution.
Unlike Medium, however, it's attracted some quality writing. (e.g. Medium seems to attract writers who are (a) blown away by much easier it is to get usage numbers compared to a real blog, and (b) are blown away by getting 70 "views" on an article.)
IIRC Medium was like this too in the beginning. There was a time where I wanted to read articles on Medium because they were higher quality than average. I agree that it's hard to see Substack turning out differently. Although if the company isn't acquired / doesn't IPO then it's also true that these things can vary based on who is running the company.
I think that's right. And one of the things that made Medium attractive to me to cross-post from my own blog to every now and then was that people who mostly didn't know any better saw the overall quality and assumed that there was some filtering going on. Which in turn made it seems more authoritative than a "blog." I stopped bothering once the quality went down and the paywalls went up.
There could be a market for a service that just does quality filtering as a news aggregation service. So basically the opposite of what YouTube is doing -- don't show anything from OAN or CNN or similar partisan outlets, don't show garbage blogs, show the good ones. Maybe easier said than done, but I bet there's a market there.
Of course the question is always how to properly rank an article's quality. I'd say the best approach is to crowdsource it - develop an algorithm that takes into account how many other highly ranked articles reference a given article, and give a higher rank to articles that have more references.
If you do this, make sure to give the algorithm a clever name. Ideally name it after yourself, unless your name is Smith. You'll never do well with a business built around something called SmithRank.
Now if your last name happened to be something related the things you're ranking, like, say..."Article"...wow, call it ArticleRank!
Just remember you heard it first here on HackerNews.
That feels like a big difference.
I really genuinely cannot tell whether you are being sarcastic.
https://twitter.com/substack/status/1323049757615353856?s=21
Unsure of the validity to those claims. But it did seem like they capitalized on the familiarity of his username to gain traction early on.
If you're the New Yorker, no. Duh.
What do you mean by this? What does "traditional media" mean in this context? Anything that isn't self-published?
A specific term coined by Curtis Yarvin, "The Cathedral," comes to mind.
If the alternative to traditional media is more Moldbug, I'll pass.
Could you go more into the religious aspects of the Black Lives Matter movement?
Linking to flawed critiques of the 1619 project and proclaiming "BLM" both authoritarian (it's not, and decentralized) and calling it a religious cult (not a religion, nor a cult, nor a formalized central power structure) is just totally irrelevant and implicit subversive racism. Your comment stands out for nothing substantive but bigotry.
No bigotry or racism here.
(The definition of "inappropriate" being "whatever people on Twitter dislike today".)
Substack still likes drama, "In November, an anonymous Substack account published a newsletter titled “vote_pattern_analysis,” with a single, elaborate post claiming election fraud. On Twitter, the link was tagged with a fact-check label. For a time in December, the newsletter became one of the top free publications on Substack.", but I doubt it will descend into reddit territory.
Good one. Kinda similar to third rate marketers become thought leaders when they are on linkedin.
A new product newsletter gives you the edge on sourcing products.
Don’t they have another piece to write about how Trump is a crazy dictator?
Ironically, platforms like SubStack strike a fantastic balance. They're generally populated by journalists who can actually write or have huge notoriety (Glenn Greenwald and the like) who are writing substantive news and not JS tutorials. I think "freedom of speech" in time will be promulgated as metered and well thought out arguments that don't seek to slander or directly attack any singular person. This is how real adults talk, not how activists talk.
To be fair, Medium is shit. It's already started to become susceptible to similar "creator negatives" that have emerged on YouTube in the last 5 years (Casey Neistat personified this trend). People now just write clickbait / click-driven sharticles that sell ads. Granted, it's still better than what the NYT generally publishes.
Moreover - the boomer concept of physical newspaper delivery is equivalent to how millennials perceive well structured html / css emails that contain "news" or "journalism". It's a place I expect to see longer-ish form content and it's not in an app or platform that wants me to look at ads, boobs or something else they want to glue my eyeballs to.