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Substack Hits Milestone With One Million Paid Subscriptions

Co-founder Hamish McKenzie stated that the top 10 publications on Substack draw in over $20 million per year.

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Substack has reached a significant milestone in its history. The newsletter company announced that they hit 1 million paid subscriptions. In addition, co-founder Hamish McKenzie stated that the top 10 publications on Substack draw in over $20 million per year.

“These are subscriptions that didn’t exist before – they’re not being siphoned off from traditional media outlets or redistributed from other platforms,” McKenzie said.

“They represent a rush of new money into the media ecosystem, the vast majority of it going directly to writers.”

McKenzie notes that it’s not enough despite the growth, and the company wants to continue growing as they have become a vital source for media members. 

For example, Bari Weiss departed The New York Times to launch a newsletter, and Glenn Greenwald moved on from The Intercept, which he co-founded. 

“Our pitch to writers has always been: ‘We’ll take care of everything except the hard part.’ You don’t have to know anything about tech or business to succeed on Substack. You can set up your personal media empire in minutes,” McKenzie said. 

“With the subscription model, you can generate meaningful revenue without having to reach millions of readers. If you can convince a thousand people to subscribe for $5 a month, you’ll make more than $50,000 a year. A few thousand subscribers is enough for total financial security.”

News Print & Digital

CBS News Rebrands Streaming Service, Reveals New Content

Co-presidents of CBS News and Stations Neeraj Khemlani and Wendy McMahon announced the rebranded service, which helps the company with its direct-to-consumer streaming network to bring together national and local live news.

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CBS News and Stations revealed its reimagined and rebranded streaming news service.

CBS News Streaming Network delivers live national streams, 13 local streams, and content from programs like “60 Minutes,” “CBS This Morning,” “CBS Evening News,” etc.

The new platform will showcase CBS News’ original reporting, featuring the network’s well-known anchors and journalists, new primetime shows, and most of the content taking place in their new CBS Broadcast Center in New York.

Co-presidents of CBS News and Stations Neeraj Khemlani and Wendy McMahon announced the rebranded service, which helps the company with its direct-to-consumer streaming network to bring together national and local live news.

“We’re unlocking the power of CBS News – streaming the best of our reporting and storytelling on television to viewers everywhere,” Khemlani said.

“From up-to-the-minute reporting from our new live news desk, signature interviews by Gayle King and Norah O’Donnell, adventures on CBS SUNDAY MORNING and 60 MINUTES, true crime on 48 HOURS – and reporting out of Washington to Kyiv to Beijing – we’re delivering a 24/7 experience with quality journalism from the best news brands in the business.”

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News Print & Digital

Jake Tapper to Host Weekly Show on CNN+

Each week, viewers will understand the stories behind bestselling and critically lauded books and add more to their reading checklists along the way.

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As the launch day for CNN+ nears, the network continues to add programming for its streaming platform. Over recent weeks various anchors and newcomers have been announced they’ll be hosting shows, the latest being anchor Jake Tapper.

CNN announced that Tapper will host a new weekly show, “Jake Tapper’s Book Club,” where viewers can go in-depth with Tapper as he interviews a diverse set of newsmaking authors and a couple of his favorite writers. 

“My lifelong love of books is no secret, and I am grateful for the opportunity to sit down with some of my all-time favorite authors on CNN+,” Tapper said. 

“This show is designed for book lovers, and I am hopeful that by highlighting authors from all walks of life, we can illuminate the magic in the stories they tell for audiences everywhere.”  

Each week, viewers will understand the stories behind bestselling and critically lauded books and add more to their reading checklists along the way.  

Tapper’s latest show on CNN+ goes with anchoring a two-hour weekday program, “The Lead with Jake Tapper,” and co-anchors CNN’s Sunday morning show, “State of the Union.”

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News Print & Digital

Emerald Robinson Lands New Job on Mike Lindell’s Platform

Robinson, who was fired from the network after a controversial tweet last year, joined “Eat the Press” host Steve Malzberg on RT America

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A former Newsmax TV White House correspondent is speaking out about her new job with Mike Lindell’s new platform called “Frank.” 

Emerald Robinson, who was fired from the network after a controversial tweet last year, joined ``Eat the Press” host Steve Malzberg on RT America last week. 

“This is going to be a 9 a.m. morning show with hard-hitting news,” Robinson explained, adding that she didn’t have an exact launch date. “If you follow me on Substack, it’s really going to be an extension of that.” 

Robinson was fired from Newsmax last year following a controversial tweet about the COVID vaccines which subsequently led Twitter to ban her. 

“Dear Christians: the vaccines contain a bioluminescent marker called LUCIFERASE so that you can be tracked,” she tweeted. “Read the last book of the New Testament to see how this ends,” Robinson wrote in a post earlier this week. Twitter removed the tweet as a violation of safety rules.” 

Robinson also criticized Big Tech for banning conservative journalists from platforms such as Twitter and Facebook. 

“We are going to hit those subjects, we are going to look at the real numbers,” said Robinson. “We are going to see more and more censorship ahead of these midterm elections.”  

Last May, Robinson departed One America News Network (OAN) for Newsmax TV.  Last week, DirecTV announced plans to drop OAN, a move that could spell the end of the network. 

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