Substack is dedicating $20 million to poaching creators from other content monetization platforms. Substack took shots at TikTok last week by introducing live videos and offering a $25,000 prize to the creator whose video inspired the most TikTokers to migrate to its platform.
The company announced Thursday it’s launching a $20 million “creator accelerator fund,” promising content creators they won’t lose revenue by jumping ship to Substack. Creators in the program also get “strategic and business support” from Substack, and early access to new features.
Ex-CNN anchor Jim Acosta promoted his new Substack account following his exit from CNN, describing the move as a “new venture” for him. Acosta announced his departure from CNN during the final episode of his show,
Substack has attracted thousands of independent writers, journalists, and creators over the last few years by allowing them to monetize their content through paid newsletters. It might be about to attract a lot more.
We keep an eye out for the most interesting stories about Labby subjects: digital media, startups, the web, journalism, strategy, and more. Here’s some of what we’ve seen lately.
Substack on Thursday announced the launch of its Creator Accelerator Fund, which provides a $20 million funding guarantee aimed at helping creators grow Substack launched its creator accelerator fund,
After a 20-year long career at CNN, news anchor Jim Acosta and longtime critic of President Donald Trump announced he is leaving the network.
Jim Acosta announced his new venture Tuesday — hours after signing off as a CNN anchor with an anti-Trump rant.
First Word On Horror is a new 15-part documentary about horror fiction featuring interviews with five major current writers of the genre.
British comedy icon, John Cleese, is making moves. Cleese has suggested he plans on leaving X, formerly known as Twitter. And it’s because of the people there, it seems, as well as the platform’s owner.
As TikTok’s future remains in turmoil, competitors are trying to take advantage of the situation. One way is bringing back a tried-and-true tactic from 2021: creator funds.This month, companies including creator commerce app Flip,
First Word On Horror is a new 15-part documentary about horror fiction featuring interviews with five major current writers of the genre.