The conservative news publisher The Dispatch, which first launched on Substack in 2019, is staffing up and expanding its advertising business amid a nationwide shift in political sentiment.
The 27-person outlet generated between $5 million and $10 million in revenue last year, nearly 80% of which came from its roughly 45,000 paying subscribers.
Of the remaining 20% of its revenue, about 16% comes from commercial partnerships—and 5% from licensing—but this year the publisher is looking to grow its advertising business through a combination of key hires and new ventures.
In January, it named media entrepreneur Michael Rothman as its first president.
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