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Put Medium on Autopilot and Make Money in Your Sleep
My AI writing tool will gladly churn out vanilla, “sugar-high” articles like, “8 Pathways to Happiness,” every few hours, and since it’s all about quantity, I can’t lose
Over the past year, Medium has been: a daily friend, euphoric beyond measure, a gut punch, a synthetic high, and an irreplacable inspiration. But if you understand business, you’ll know it’s not sustainable.
The Partnership Program is irreparably broken
Medium likes to play coy with how many paying subscribers they actually have. If you Google, “How many paid subscriptions does Medium have?” you’ll find estimates at around 750,000, meaning Medium’s revenue is just under 4 million per month….or 45 million a year.
What percentage of the 45 million dollars from subscriptions is paid out to its writers?
The answer is we don’t know. Do they pay out 50% of their revenue, 40%….20%….10%? If I owned a company generating 45 million dollars a year, that basically ran itself, I’d be tempted to grab as much of that money as I could. And be as minimally transparent about it as possible.
