Substack Faces Exodus Pressure as The Ankler Exit Has Publishers Quietly Seeking Their Own Alternatives
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Substack Faces Exodus Pressure as The Ankler Exit Has Publishers Quietly Seeking Their Own Alternatives
""Substack is an incredible launchpad, but we reached a point where it wasn't built for what we were becoming. As we grew into a broader media business, we needed more flexibility and control across products, revenue, and audience relationships than the platform allows.""
""The reality is that Substack was built for the one man band ... you just start to hit against some of the limitations that come with that model, especially as you scale and need more robust features and customization options.""
The Ankler's transition from Substack to Passport reflects a broader trend among media brands seeking alternatives to Substack. Chief executive Janice Min stated that Substack, while a great launchpad, no longer met their evolving needs for flexibility and control. Several major publishers are expressing frustration with Substack's revenue cut and product limitations, which hinder customization and brand identity. This dissatisfaction is prompting discussions about potential exits from the platform, as publishers seek more tailored solutions for their growing media businesses.
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