B
Evidence Grade B
Graded
accuracy verified by the review judge
Safe to Cite
Current
10%
10% -- subscription revenue share for Substack (2026)
Substack takes a 10% cut of subscription revenue from creators on its platform.
Attribution:
View source
Lighthouse Research Team
Last verified:
·
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Source verified
Evidence graded
Value
10%
Unit
Percentage
Data Vintage
2026
Entity
Evidence Quality
B
Strong, reliable evidence
Sourced from a well-regarded research firm or industry leader with transparent methodology and a reasonably large sample.
Single source - not yet corroborated
Score breakdown
Extraction
75
Source Trust
60
Citation Chain
20
Independence
30
Methodology
45
Freshness
95
Source
Substack
Primary
Tier B
https://blogherald.com/blog-platforms-tools/n-the-ankler-didnt-leave-substack-for-a-bigger-audience-… ↗
Source Article
The Ankler didn't leave Substack for a bigger audience - it left because the 10% cut that works at newsletter scale stops working at media-company scale - The Blog Herald
In April 2026, The Ankler, Janice Min’s Hollywood-trade newsletter turned 18-person media company, moved its core operation off Substack and onto Passport, a paywall platform run by Automattic and media analyst Ben Thompson. At the time of the move, The Ankler had roughly 150,000 paid subscribers, a…
Original Research
Substack
· Original study ↗
Methodology
Substack's standard platform fee on creator subscription revenue; widely documented platform take rate cited by The Blog Herald.
Methodology documented
Segmentation
Industrymarketing
Cite this stat
Plain Text
Substack: 10% subscription revenue share. Source: Substack (2026). Via Lighthouse Intelligence -- https://lighthousedata.io/data/substack-platform-fee-rate-2026
HTML Embed
<blockquote cite="https://lighthousedata.io/data/substack-platform-fee-rate-2026" style="border-left:3px solid #2563eb;padding:12px 16px;margin:16px 0;font-family:system-ui,sans-serif;background:#f0f4ff;"><strong>10%</strong> -- subscription revenue share for Substack<br><small>Source: Substack (2026) · <a href="https://lighthousedata.io/data/substack-platform-fee-rate-2026" target="_blank" rel="noopener">Lighthouse Intelligence</a></small></blockquote>
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