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SimulationCommander's avatar

From the article introducing Notes: (https://on.substack.com/p/introducing-notes)

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While Notes may look like familiar social media feeds, the key difference is in what you don’t see. The Substack network runs on paid subscriptions, not ads. This changes everything.

The lifeblood of an ad-based social media feed is attention. In legacy social networks, people get rewarded for creating content that goes viral within the context of the feed, regardless of whether or not people value it, locking readers in a perpetual scroll. Almost all the attendant financial rewards then go to the owner of the platform.

By contrast, the lifeblood of a subscription network is the money paid to people who are doing worthy work within it. Here, people get rewarded for respecting the trust and attention of their audiences. The ultimate goal on this platform is to convert casual readers into paying subscribers. In this system, the vast majority of the financial rewards go to the creators of the content.

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I say this all the time! Ad-based revenue is a sure-fire way to get a terrible media. Subscriber-based revenue is where it's at, because that rewards excellence!

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baker charlie's avatar

100%.

Lines have been drawn and I love the rallying of substack.

Long form vs. Sound bites. Bring it on.

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