Medium’s Ev Williams Discusses Buying New York Magazine | Bloomberg

In other non-clickbait news, see The Correspondent hits its crowdfunding goal of $2.5 million thanks to 42,780 members from more than 130 countries | The Correspondent

"Medium, which now has no advertising on the site, charges $5 a month or $50 a year for subscriptions. Williams said in April that -- after some struggles -- the number of subscribers has been accelerating.

The key to attracting subscribers, he said at the time, was offering lots of high-quality, non-newsy content and putting it behind a metered paywall. The site publishes large amounts of user-generated content from freelance contributors through its “partner program.”

At the same time, Medium has also been building up an in-house editorial team that commissions long-form, narrative-driven stories and essays from professional journalists on topics ranging from technology to culture to design. Among its job listings, the company is currently looking to hire additional full-time editors in politics and business."

Medium’s Ev Williams Discusses Buying New York Magazine | Bloomberg