Here's a more skeptical article about Substack's (future) popularity in the NYT: https://www.nytimes.com/2022/04/13/business/media/substack-g... The article also touches upon factors of Substack's success: > [...] the platform portrayed itself as a haven for independent writers with fewer resources while offering six-figure advances to several prominent white men. The hands-off content moderation policy [...]
What I found most amusing about that article was the lack of mention of Bari Weiss, the extremely popular Jewish journalist who wrote for the NYT for years before joining Substack and quickly becoming one of their most popular paid newsletters. It seems like a pretty relevant detail in the Substack story, but because it doesn't aid the narrative of the platform being a haven for right-wing white males, NYT naturally left it out. Pretty poor reporting, IMO.