The New York Times

Substack Raises $100 Million, Betting on Subscriptions but Coming Around to Ads

Substack, originally a newsletter service, says its app now has millions of users interacting with its creators. By Benjamin Mullin and Jessica Testa Substack began its life as a buzzy newsletter ...
The Hollywood Reporter

Substack Surges Past 5M Paid Subscriptions, Thanks to Video and Trump (Exclusive)

Substack co-founder Hamish McKenzie says that creators jumping ship from 'mainstream media' like Jim Acosta, Joy Reid and Mehdi Hasan are a big driver of the growth. By Alex Weprin Senior Editor ...
The Hill

Substack surpasses 5 million paid subscriptions

Substack has reached more than 5 million paid subscriptions for the first time, the company said this week. The updated audience total comes just four months after the digital journalism and content ...
The Hollywood Reporter

Substack Raises $100 Million in Funding from the Chernin Group, Andreessen Horowitz

The round values the newsletter platform at $1.1 billion. By Caitlin Huston Business Writer Substack has raised $100 million in funding as the newsletter platform continues to position itself as a ...
Variety

Substack Raises $100 Million From Chernin Group, BOND, Skims CEO and More

Newsletter and publishing platform Substack announced $100 million in Series C funding, led by technology investment firm BOND and Peter Chernin’s The Chernin Group (TCG). Also participating in ...