Medium Cancels Paid Membership Program for Two Dozen Publishers
Further evidence the platform hasnít figured out its business model yet.
In an April email to about two dozen publisher partners, blog platform Medium notified publishers that, in May, the company will no longer offer them the ability to offer paid memberships, reports Shan Wang for Nieman Lab. A Medium spokesperson said subscribers were notified on April 27 that Medium would start shutting down the program as individual memberships come up for renewal. Chris Faraone, founder of the Boston Institute for Nonprofit Journalism, said they were never notified by Medium; they found out from a subscriber.
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