avatarPhilip Ogley

Summary

Medium announces a drastic membership fee increase to $100 per month, introduces a tiered contribution system, and adopts a gambling-inspired model for writer earnings, reflecting a significant shift in its business strategy.

Abstract

The website content outlines a bold move by Medium to revamp its membership and payment structure for writers. The platform is increasing its monthly subscription fee from an unspecified amount to 100, with additional plans costing up to 1000 per month. This change is accompanied by a new earnings model that encourages writers to contribute more financially, with the promise of higher returns if their content goes viral. The article suggests that this approach is intended to filter out casual contributors and reward serious writers, while also addressing complaints about low earnings. However, it acknowledges the potential financial strain on members, suggesting extreme measures such as taking out loans or selling personal assets to maintain their membership and potentially reap the rewards of viral success.

Opinions

  • The author expresses frustration with users who complain about low earnings on Medium, implying that their contributions may not warrant higher payouts.
  • There is a clear distinction made between casual writers and those who have invested significant time in building their audience, with the latter being more deserving of higher earnings.
  • The article takes a hardline stance on the new financial commitment required by Medium users, suggesting that the platform's shift to a gambling-style system is justified and will ultimately benefit committed writers.
  • The author is critical of the idea of distributing funds evenly among writers, regardless of their content's quality or popularity.
  • The opinion piece advocates for a more competitive and high-stakes environment on Medium, where the potential for greater financial reward justifies the increased risk and investment.
  • It is suggested that writers should be willing to go to great lengths, including taking on significant debt, to participate in the new Medium ecosystem, reflecting a belief in the platform's potential to deliver substantial returns on investment.

New Medium Features

Medium Increases Membership To $100!

Medium to become a gambling site

Photo by Juan Parra on Unsplash

I’m pretty fed up with all the whiners and moaners on here complaining they aren’t earning enough.

What do you expect for $5 a month!

Clearly none of you jerks out there have played poker. Or are you one of these part-timers who sits at the table for half-an-hour hoping to clean up. No chance. Not in the real world. Not at the 18-hour games I used to play where I’d come out without my shoes.

Why should Medium be any different?

Let's spin the wheel.

Photo by Free Walking Tour Salzburg on Unsplash

I propose an immediate increase to $100 per month.

If you’ve already paid your membership — tough shit! Your Medium Partner Program earnings will be used to make up the shortfall.

If your account is less than $100, then you have five days to make up the difference. Otherwise, say goodbye to your smoothie and granola recipes, as all past posts will be permanently deleted.

It’s time to get real. Instead of: ‘Wouldn’t it be great to distribute the funds more evenly?

Why!!!

Why give all the dickheads on here who can hardly spell their name as much cash as the writers who’ve spent years developing their audience.

Tell me that!

You don’t attend a job interview and the first question you ask your perspective boss is, ‘Seeing as I’m new, can I have your salary?’

You’d be laughed out of town.

Why should Medium be any different?

But we’re listening here, which is why we’re bringing in this new formula and increasing the odds for everyone. Whether you’ve mastered name spelling or not.

Photo by Jonathan Petersson on Unsplash

There will be three bands.

The Basic Plan: $100 a month.

— The Gamblers Plan: $500 a month.

— The Bankruptcy Plan: $1000 a month.

The more you put in the pot, the more you could earn if your piece goes viral. What could be fairer than that. No more complaining that Medium doesn’t pay. Well now it does.

So shut up!

‘OK, Medium, I get you: But what happens if you haven’t got any money?’

Easy.

Do what every other desperate junkie does. Beg. Borrow. Steal. Take out payday loans, high-interest credit cards, steal from your family and friends, sell your body, peddle drugs, sell your house, sell your soul…

Why not? Imagine the high when that story goes viral. You won’t be moaning about Medium any more, you’ll be lighting up the cigars, even if the bailiffs are knocking on your door.

“OK guys. Here’s 100,000 bucks. Give me another 24 hours, and I’ll get you the rest.”

Imagine that adrenalin rush?

Photo by Muzammil Soorma on Unsplash

Then you’ll feel like a real writer! When you’ve got less than 24-hours to come up with the mother-of-all-pieces in order to save your house, your marriage, and your sanity….

Think about it! It’ll be good for everyone.

Thanks for reading the future with me. For more predictions, check out

Satire
Humor
Medium
Poker
Gambling
Recommended from ReadMedium