History Of Medium

Evan Williams is the creator of Medium, which is an online publishing platform in the United States that allows users to post written material such as articles and blogs. Medium was established in August of 2012. An organization of medium size is the owner of it.

The platform is an example of social journalism since it has a hybrid collection of amateur and professional persons and publications, as well as exclusive blogs or publishers on Medium. Additionally, it is sometimes considered to be a blog host.

Williams, who had previously been a co-founder of Blogger and Twitter, first established Medium as a mechanism to post articles and documents that were lengthier than the limited character count of 140 that Twitter now allows.

Medium made an announcement in March 2021 on a shift in its publishing strategy and revenue model. The adjustment calls for Medium to reduce the number of publications it produces and to increase its support for independent authors.

Short History

The co-founder and former CEO of Twitter, Evan Williams, came up with the idea for Medium in order to encourage users to write pieces that were longer than the 140-character restriction that Twitter had at the time. Williams made the following statement when it was first introduced in 2012: "There has been less progress toward raising the quality of what is produced."

Williams said that there were thirty full-time employees working on the platform by the time April 2013 rolled around.included a position that was open for a "Storyteller" and the fact that it was consuming "98 percent" of his time overall.Williams said that the site was still very tiny by the month of August, but he continued to be enthusiastic about it. He stated, "We are trying to make it as easy as possible for people who have thoughtful things to say."

Medium's primary objective is not to increase the number of its audience but rather to maximize the amount of time that users spend reading content on the platform, which was 1.5 million hours in March of 2015.

Williams expressed his disapproval of the typical web traffic statistic of unique visits in the year 2015, stating that it was "a highly volatile and meaningless number regarding what we are attempting to accomplish."

For the month of May in 2017, the firm said that Medium.com had a total of sixty million unique monthly readers.

Medium made the announcement in March 2017 that it would be launching a membership service that would cost $5 per month. This subscription would provide users with access to "well-researched explainers, insightful perspectives, and useful knowledge with a longer shelf life." Authors would be paid a set sum for each piece they contributed.

Following that, the website The Ringer, which covers sports and pop culture, as well as the technology blog Backchannel, which is a subsidiary of Condé Nast, discontinued their use of Medium. Backchannel, which joined Wired in June after leaving Medium, said that Medium was "no longer as focused on helping publications like ours profit for their efforts."

Williams stated in October 2017 that Medium had no intention of pursuing banner advertising as a component of their income model. Instead, the company was investigating other revenue streams such as patronage, micropayments, and gratuities.

Ev Williams was promoted to the position of chairman of the board after the corporation made the announcement on July 12, 2022 that he would be stepping down from his position as CEO.

After serving as the chief executive officer of Coach.me, Tony Stubblebine assumed the role of CEO of Medium on July 20, 2022.On August 11, 2022, Stubblebine made the announcement that it will be laying off 29 employees.