After raising a few hundred thousand dollars immediately and about $611,000 after a few weeks, subscriber growth is slowing for Andrew Sullivan's Daily Dish blog.
Sullivan wrote Monday that income is now at $653,000 out of the $900,000 he needs to break even. If you do the math, that's about $42,000 in new revenue over the past 30 days. "That’s 72 percent of our goal in almost three months," he said, "but almost all the likeliest subscribers have joined already. It gets tougher from here on out."
As a result, Sullivan has tightened the meter from seven free reads a month to five over two months, and on Monday announced a new monthly subscription option for $1.99. (Annual is $19.99.) (more...)