[ad_1]
The company announced Monday its intention to fund and distribute new publications, inviting publishers and publishers to apply for its new program.
This is a familiar argument for Medium, who has acknowledged in his ad that he has already made agreements with third-party publishers. The company stated that it "fulfilled these contracts but did not end up renewing them". Sites such as ThinkProgress and The Ringer had already partnered with Medium, although both have since left.
In his call for applications on Monday, Medium pointed out that he was looking for "quality publications".
"When we talk about quality, we mean more than writing well (even though we like it a lot)," said the announcement. "We also mean by quality of information – accuracy, insight and offers something particularly valuable to the reader."
The company said it would pay publishers "a share of revenue based on readership," in some cases ranging from $ 5,000 to $ 50,000 a month. The contracts will last from three to 12 months.
The company is now focusing on the production of original publications. Digiday announced last month that Medium is launching four subscription publications. On Tuesday, Mark Bittman, a former New York Times writer, launched Salty, an online magazine published through Medium.
Source link
