Beehiiv, a newsletter platform, has reached $30 million in annual recurring revenue (ARR). Unlike Substack, which takes a 10% cut of revenue, Beehiiv charges a subscription fee, starting at $43 per month for 1,000 subscribers. This pricing model has attracted creators like Oliver Darcy, who launched his media-focused newsletter 'Status' on the platform after leaving CNN. The Information reports that Beehiiv's fixed-fee approach offers an alternative for newsletter writers seeking predictable costs as they grow their audience and revenue.