How Did They Respond to the Writers?

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But the newsletter boom appears to have slowed in recent months. So much so that Substack laid off 14 percent of its staff in June and put plans for further fundraising on hold.

Therefore, the platform did not have the success expected by Meta and it had to decide to close it.

The company said writers will retain full control northeast mobile number database of their subscriber email lists and can choose to archive all of their content or move it to any platform of their choice.

Additionally, they will be able to post until early January, and then the site will remain in read-only mode for a short period of time.

The company also said that Meta would pay all remaining contracts and that creators will have the opportunity to monetize their content until the closing date.

While this is bad news for Meta, they feel that they were able to help talented people connect with different audiences and markets. In other words, through the platform they were able to contribute to the prosperity of independent journalism.