Substack is experiencing an exodus of prominent writers to alternative platforms like Ghost and Beehiiv, driven by concerns over the platform's 'Substack Tax' revenue model and increasing focus on social features. The departures follow earlier controversies in 2024 related to the platform's handling of extremist content. Writers are seeking platforms that offer more control and better financial terms for their publications.
Background
Substack is a popular newsletter platform that gained prominence by offering writers a way to monetize their content through paid subscriptions. The platform takes a percentage of subscription revenue, which some creators have come to see as too high as their businesses grow.
- Source
- The Verge
- Published
- May 10, 2026 at 10:00 PM
- Score
- 6.0 / 10