To get it out of the way, the pros and cons of Medium have been discussed thoroughly elsewhere. But in a recent newsletter, the company shared some stats about its paid membership program that I think are at least worthy of discussion.

In short, Medium’s membership program sounds kinda like Netflix. It charges readers $5/month, then divides that money between the writers of all the articles people read. For now, Medium doesn’t even take a cut off that $5; the full amount goes to writers.

Eventually, I wager Medium will have to do something like either raise that price or start taking a cut. But I applaud the company’s effort to avoid advertising.

For example, here are a few of July’s payment stats:

  • 47% of authors or publications who wrote at least one story for members earned money. 9.8% of active authors earned over $100.
  • $16,007.02 was the most earned by an author, and $2,260.42 was the most earned by a publication.
  • $2,059.72 was the most earned for a single story.

Medium also put out a call for stories on topics they want to feature in August. I think the company is doing a good job venturing beyond its tech roots:

  • Code as Art: Stories celebrating the creative side of coding.
  • Losing My Religion: Perspectives on parting ways with faith, for better or for worse.
  • Not Another First Time Story: Reflections on doing something unexpected for the first time (particularly off the beaten path, so no: first ex; yes: first hex).

If you write something in any of these ballparks, email editors@medium.com with the subject line “Partner Program Submission” and the title of your piece.

You May Also Like

‪I’m sad to see Apple being forced into the fray of exclusive podcasts

Opportunistic podcast startups began dismantling the medium with exclusive shows and malicious practices. Now, Spotify and even Apple are playing this potentially destructive game.

Google killed brevity in YouTube videos, and we helped

The length of YouTube videos has exploded across every genre—essays, how-tos, reviews,…