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Medium Has 725,000 Paid Subscribers

  • 1 min read

As of last year

Tony Stubblebine declined to give Silicon Valley reporter Casey Newton an update, but as of last year, the blogging platform had 725,000 paid subscribers.

Quick math:

Medium’s membership program costs $5 a month or $50 a year.

Based on my audience stats, let’s assume most people take the $5-a-month option and come and go.

5 x 12 = $60

$60x 725,000 =$45,500,000

Additionally, Medium’s founder Ev Williams funds the company.

“My fear, though, is that Medium continues to try to do it all on the cheap. Extracting the maximum amount of value out of the least expensive writers you can find isn’t a new approach in digital publishing, exactly, but it does feel somewhat out of step with the times.” says Casey Newton in the interview.

Are we the least expensive writers? The cheap ones?

Food for thought, isn’t it?

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