Spectak is a moment – Again. But the time runs out

Before June 8, TV journalist is not a tallest and respected news, Terry Moran, a familiar name or a lightning rod for lightning. This suddenly changed when Moran Posted on X The Vice President of Donald Trump Stephen Miller was “a global hatred of the style”, followed by an addition that the president was also bad. (the mail It was later lowered) He was suspended, then refused. Moran, though, had one step left. On June 11, writing began on a suit.

Moran was joining a movement based on a dream: journalists can start a news message and subscription fees in a alternative that would correspond to their previous salaries or overcome them. They will be edited by me! There are no editors to raise the copies, nor control from the presidents when the advertisers complain, and there are no companies that surpass the shooting on you when you say that the President of the United States is his hatred. Padiak says that some people already live a dream. CEO Chris Best is proud of recently In a speech “More than 50” of its users were withdrawing the revenue of one million dollars.

More journalists also happen I pushed Of their functions, they are tired of their presidents, or they just want to breathe cold air from freedom, they now have what appears to be a viable escape. Recently, many of them benefit from it. Jeff Bezos was good for Substack: The recent lack of attention in the Washington Post on the liberation page has led to democracy from death, popular opinion writer Jennifer Robin to Start a publication called contradictionAnd the postcreatic message after monitoring the teams Publish now On the alternative as well. The former MSNBC host Mahdi Hassan started his publication. Even Chuck Todd has gone Indie.

You may tend to believe that the alternative revolution shakes the foundations of the press, and agrees with it Stlight Emily Sundberg The leaders of the news room should be prohibited to prevent further splits. Well, not so quickly. The STIMBAD model may work very well for a few, but it is not easy to walk in the march and match the salary. Readers have to pay a high price for a sound that they enjoy once in a publication to share. The book must attack the idea that their widening is limited to a small percentage of beneficiaries. Is Stectack sustainable for writers who address a public audience?

Only last week or so, a group of critics was published that the platform may be on a brittle floor. It started when Eric New Al -Wafid – who was advancing his success Get $ 45 million a year in revenue. He claimed that she was seeking a new investment tour that would estimate the company at $ 700 million. (STIMBACK did not confirm these numbers.)

But then Dylan Bayers is from a pile I looked at these numbers He wondered whether the end of the end result is actually lower in the previous rounds. Bayers, just like other critics, was concerned that once you were overwhelmed by the real adult owners, the platform was full of low mediators: “The truth is that the vast majority of content is boring, amateur or crazy Pacite.” His conclusion was that STIMBACK was a media company trying to be evaluated as a technical company, which is a familiar failure point for similar companies. (Wire himself once Fail in public subscription For this particular reason.)

Anna Mary Cox, who once enjoyed the fame of blogging in the name of Wonkit, Even GracemAnd writing in its news message that Stectack is “unstable as the launch of Spacex.” She was not admired of the most modern flow of the Book of Names. “How many Terry Morans has a space?” I wrote. “Is there even a general appetite for dozens of Terry Morans, each of them Terry Moran in his newsletter?”

Cox refers to the contribution fatigue, which is something I think about every time the recording page appears when opening a new alternative. The alternative Proations usually requires a monthly fee ranging between $ 5 and 10 or an annual average of $ 50-150. Usually there is a free set of content, but journalists who hope to make at least a part of their livelihood on Stectack save good things for paid customers. Compared to subscribing to full posts, this is a terrible proposal for value. After leaving the Atlantic Ocean, the famous writer Derek Thompson Alternative This cost $ 80 a year – this is one penny more than just a digital subscription in the magazine that he just left! (Atlantic Ocean It is possible to spend $ 300,000 To replace it with someone else worth reading)