What works on Substack, how Youtube became newstube and why Harry took the cash
Jan 23, 2025
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Discover the intriguing dynamics of Substack as the latest rankings reveal lucrative titles driving success. Explore why publishers are fixated on YouTube, with insights on monetization challenges and SEO strategies. Delve into the complexities of Prince Harry's settlement, unveiling his motivations and the wider implications for media accountability. This discussion shines a light on the evolving landscape of digital journalism and the pivotal role these platforms play.
YouTube has become essential for publishers, offering substantial revenue opportunities through effective content strategies and audience engagement.
Substack is gaining traction among journalists for monetization, though concerns about market saturation and alternative platforms challenge sustained earnings.
Deep dives
The Impact of YouTube on Publishers
YouTube has become a critical platform for online publishers, significantly affecting their revenue models. With its ranking as the second largest search engine, publishers are advised to treat it effectively by maintaining consistency in posting, optimizing their content for SEO, and focusing on specific niches. For example, major publications like The Sun have experienced remarkable success, boasting over six million subscribers and billions of views, demonstrating a shift where distinct smaller channels outperform single large accounts. This trend indicates that while YouTube can be monetarily challenging, offering a revenue split that favors longer videos provides valuable additional income streams for many publishers.
Substack's Growth and Its Implications
Substack has emerged as a premier platform for journalists seeking to monetize their newsletters, with many seeing substantial earnings from this medium. Recent figures indicate that several Substacks now generate over $500,000 annually, a testament to the platform's increasing popularity and profit potential for content creators. However, despite Substack's transparent revenue model, some publishers are considering alternatives due to the 10% cut it takes from earnings, prompting a shift to competitors like Ghost. The rise of newsletters raises questions about market saturation, as consumers may only be willing to subscribe to a limited number, leading to potential challenges for publishers trying to maintain revenue growth.
Prince Harry's Legal Battle with the Press
Prince Harry's recent settlement with the publisher of The Sun marks a significant moment in his ongoing legal battle against media intrusion. The settlement includes an admission of prior unlawful activities by the publisher and highlights Harry's pragmatic decision-making in legal matters, suggesting the financial burdens of prolonged litigation. The outcome has left several questions unanswered regarding the extent of accountability within the press and the role of key figures like Rebecca Brooks during the relevant time frames. Looking ahead, Harry's victories may influence his stance in future cases, particularly against other publishers like the Daily Mail, where ongoing disputes could lead to further legal action or settlements.
Bron Maher discusses Press Gazette's new ranking of the most lucrative titles on Substack, Charlotte Tobitt explains how and why publishers are currently so fixated on building their followings on Youtube and Dominic Ponsford shares his view on why Prince Harry decided to take News UK's cash rather than have his day in court with The Sun.