Medium spins off Matter into new company owned by Ev Williams | POLITICO

See Meet Matter Studios (Medium) for more details

"The self-publishing service and social network Medium is spinning off a prominent web publication that it has owned and hosted for the past three years.

Matter, which publishes long-form, magazine-style articles, announced Monday that it is leaving Medium to become a standalone company called Matter Studios that will be wholly owned and funded by Ev Williams, the web entrepreneur who created Medium in 2012 following his success as a co-founder of Twitter.

As Matter Studios, the brand will produce content that can be distributed across a variety of platforms, like websites (Medium, for instance), magazines, digital video channels and podcasts."

Medium spins off Matter into new company owned by Ev Williams | POLITICO