Medium Aims to Fix ‘Broken’ Media with New $5 Subscription Program

Nearly three months after laying off a third of its staff and publicly admitting that its previous ad-based revenue model was broken, Medium has introduced a new $5 per month subscription program. The internet speculated freely about Medium’s next move after CEO Ev Williams said the company would be taking “a different, bolder approach” to the problem of driving payment for quality content.

visit WordPress Tavern

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s