Page 6 - Substack Pro News Today : Breaking News, Live Updates & Top Stories | Vimarsana

This story is available exclusively to Insider subscribers. Become an Insider and start reading now. Substack has hired 'The Amazing Spider-Man' and 'Captain America' comic-book writer Nick Spencer. Spencer will be responsible for scouting out comic-book writers to offer Substack Pro deals.  The company is also starting to offer deals to fiction writers, cofounder Hamish McKenzie said. Substack is getting into comic books and fiction as it expands its efforts to lure in writers beyond journalism to the platform. The newsletter company has hired Nick Spence...

Facebook will spend $5 million paying local reporters to join its news platform Share this story Facebook says it will spend $5 million paying local journalists on a new publishing platform. Reuters reported the news on Thursday, saying independent journalists could begin applying for the program today. The company is prioritizing reporters in areas without an existing news source — sometimes called “news deserts” — who plan to cover “Black, Indigenous, Latinx, Asian or other audiences of color.” Facebook announced its news platform last month. The platform includes a self-publis...

If you have something to write and a list of emails of people who want to read it, the thinking goes, there is nothing stopping you from making a living on your own. With a healthy Substack email list, freelancers are no longer beholden to flakey editors; staff reporters no longer have to be insecure about layoffs; small media companies no longer anxious about a tweak to an algorithm that would send them into oblivion. All that the company asks for in return? A 10% cut of subscription dollars. Substack’s vision is proving enticing. In the past 12 months, several high-profile journalists ...

Substack announces a $1M initiative to fund local journalists While the seemingly unending debate around Substack has focused on well-known writers with a national profile, the newsletter platform just announced that it will be supporting local (presumably non-famous) journalists through a new program. The startup described Substack Local as a $1 million initiative that will fund independent writers creating local news publications. Similar to the Substack Pro program, the company will offer cash advances of up to $100,000, as well as mentorship and “subsidized access” to health insurance...

How Much Money Can You Really Make on Substack? Photo: Undrey (Shutterstock) Considering Substack’s low-entry costs, a paid subscriber base that’s nearly doubled over the past 12 months, and the news that its top writers make up to a million dollars a year, you might be wondering: Can I really make a living publishing on the newsletter publishing platform? If you have an established audience willing to pony up for your content, then yes—but the fees are no joke, either. Here’s a look at how much you could make. Advertisement How Substack works  Substack is a newsletter tool that all...