Wanted to clarify why Hacker Noon had to move off Medium. Here’s why: 1. Medium decided it no longer wanted to support independent publications of curators and writers like us, The Awl (RIP), The Ringer, and others. 2. Medium at one point allowed publications to monetize using promotions, but arbitrarily decided to cut those off earlier last year, which cut off many independent curators and publications from their so…
This is so misleading.
I run an independent publication, Better Humans, that is a little smaller than Hacker Noon. Our experience has been the exact opposite, which is that Medium came to us and dumped a pile of money on us to ramp up what we were doing.
The reality is that Medium has been directly making a move toward higher quality for two years. Publications that can make the switch are getting supported and publications that can't are getting pushed off.
There was a hugely successful group of aggregator-style publications that focused on aggregating articles without paying particular attention to quality. When you think of a publication off of Medium you often have editors reading each article, asking for revisions, making revisions themselves, doing copy edits. The aggregators, often just 1 or 2 people, were publishing 30 articles a day without doing any of that quality control.
It was an effective growth hack for how Medium was put together. And once these publications got popular enough, they became the go to place for authors to submit articles.
HackerNoon and the other pubs who followed this hack have had two years to adjust to Medium's pivot into a premium pay wall. Everything Medium's been talking about is about quality.
So the publications who are getting pushed out are the ones who wouldn't make the shift from quantity to quality. I wasn't a HackerNoon reader, but the reviews in this HackerNews thread about shallow clickbait are damning. That type of article is just wasting your reader's time and all readers should be excited about Medium withdrawing support for that type of publishing.
On the flip side, the economics of a publication that Medium does want to support are amazing. We get paid per page view and make more than most of our peers in traditional online media even though our costs don't include an ad-sales team, building distribution, or hosting. That leaves a lot of economic margin to do a deep story edit (often a couple of hours) and a copy edit.