The e-newsletter company has previously courted high-profile Times journalists
Substack supplied $200,000 and $300,000 advances to the Unique York Times’ Liz Bruenig and Taylor Lorenz to entice the writers to circulation to the e-newsletter platform corpulent-time, Insider reported on Friday.
The $200,000 approach to Bruenig – an thought author at the Times – would were double her wage, in step with Insider. The reveal additionally comes shortly after the Times’ media columnist Ben Smith published in a column closing Sunday that he declined an “design successfully above [his] Times wage” on myth of the bettering and platform the Times affords him and because he changed into once no longer convinced he would attach that quantity abet in e-newsletter revenue.
Representatives for Substack did no longer real now answer to a attach a query to for comment.
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The Times is popping into extra stringent with its suggestions surrounding workers writing their very bear newsletters by platforms love Substack. Final month, the news group informed workers that they have to hunt acclaim for aspect initiatives love newsletters. In a Friday memo obtained by Insider, the Times additionally informed news and thought workers that because e-newsletter platforms love Substack and Twitter’s Revue had been “an increasing selection of acting as inform competitors to the Times, such efforts will most regularly no longer be well-liked.”
“Times colleagues who’re drawn to starting up a e-newsletter might perhaps well well own to soundless first locate doing it on our bear platform, to withhold some distance from a accomplishing that can be competitive with the Times or warfare with their core work,” the memo said, in step with Insider.