Medium to launch consumer subscription product within months

Online publishing platform Medium has shown its hand with regard to consumer subscriptions, confirming that it will launch a new product this quarter to help it diversify income away from its ‘broken’ advertising model.
Medium has been battling to shore up revenues since parting ways with 50 staff and disbanding its New York office in an attempt to make ends meet, with a subscription model seen as an obvious solution.
It marks an abrupt change from Medium’s founding business mo