SUBSTACK
vs
FormeFORME

Keep what you earn.

Substack takes 10% of your subscription revenue. On $5,000/month, that's $500, every month, forever. forme costs $19/month flat. The math is not complicated.

The network argument

Yes, Substack brings you readers. Here's what that costs.

Substack's recommendation engine is real. New readers genuinely discover publications through the platform. That's worth acknowledging.

Here's what the discovery comes with: 10% of every dollar those readers pay you, forever. 86% of new subscribers coming through Substack's own network — which means 86% of your growth is controlled by a platform, not you.

The moment Substack changes its algorithm, your growth changes with it. Forme doesn't have a discovery network. What it has is the full revenue from every subscriber you bring in — and tools to help you bring them in on your terms.

Substack discovery dependency
86%

of new subscriber growth comes through Substack's own recommendation network — not your own channels.

Forme discovery model
100% yours

Your content, your social presence, your referrals. We give you the subscribe forms and analytics. The audience relationship is entirely yours.

The reader lock-in

Your readers receive your newsletter in their inbox. Not our app.

Substack's reader app is a genuine advantage for discovery. It's also where your readers increasingly consume newsletters — which means they're in Substack's environment, not yours. Substack controls the reading experience, the recommendations on the side, and what gets surfaced next.

Forme delivers to your readers' email inboxes. They read in Gmail, Apple Mail, Outlook — wherever they already are. No app to install. No algorithm deciding what they see next. No discovery engine that also benefits competing publications.

Your newsletter arrives directly. That's a different kind of relationship.

The math at different revenue levels
At $2,000/mo revenue
Substack takes
$200/mo
Forme costs
$19/mo
You keep extra$2,172/yr
At $5,000/mo revenue
Substack takes
$500/mo
Forme costs
$19/mo
You keep extra$5,772/yr
At $10,000/mo revenue
Substack takes
$1,000/mo
Forme costs
$19/mo
You keep extra$11,772/yr
What you keep, in real dollars

Substack's 10% cut vs Forme's flat $228/year — by subscriber count.

2,000 paid subscribers at $10/month
Substack cut
$24,000/yr
Forme cost
$228/yr
$23,772/yr extra
5,000 paid subscribers at $8/month
Substack cut
$48,000/yr
Forme cost
$228/yr
$47,772/yr extra
500 paid subscribers at $5/month
Substack cut
$3,000/yr
Forme cost
$228/yr
$2,772/yr extra
Break-even with Forme at 38 paid subscribers at $5 or 19 at $10.

Math: Substack's 10% revenue cut minus Forme's flat $228/year subscription. Does not include Stripe fees (publishers keep Stripe account in both cases).

Your numbers

See exactly what you'd keep.

Enter your monthly subscriber revenue. The math does the rest.

$
/month
your annual savings
$2,172
per year moving to Forme
Substack's 10% annual cut-$2,400/yr
Forme flat fee-$228/yr
Net you keep+$2,172/yr
Substack annual cost
$2,400
vs
Forme annual cost
$228
Substack's cut pays for Forme in
35 days
Substack costs you
10.5×
more than Forme annually
Substack's 10% applies to every paid subscriber, every month. No cap. No taper.
Start publishing →30-day money-back guarantee
February 2026

Substack confirmed 697,000 subscriber records were exposed.

Email addresses, phone numbers, and Stripe Customer IDs. The breach occurred in October 2025 and wasn't detected for four to five months.

formestores subscriber email and subscription status. Payment relationships run directly through your own Stripe account, not ours. We don't hold what we can't expose.

Breach impact
Records exposed697,000
Months undetected4–5
Data types leakedEmail · Phone · Stripe ID
Forme breaches0
Forme payment data storedNone
Your data. Minimal.

This is everything forme stores per subscriber.

Email. Status. Join date. Nothing financial. Nothing behavioral. Nothing you didn't put there.

forme.pub/subscribers
Subscribers
2,847 total · 312 paid · your data, always exportable
EmailStatusJoinedRevenue
reader@••••••.comPaidJan 2025$9/mo
journalist@••••.orgPaidMar 2025$9/mo
researcher@•••.eduFreeAug 2025
analyst@•••••.comPaidNov 2025$9/mo
editor@•••••••.ioFreeFeb 2026
We store: email · status · join date. Not stored: payment data · location · reading history · IP.

Everything side by side.

FormeForme
Substack
Monthly platform cost
$19 flat
$0
Revenue cut
0%, always
10% of everything
at scaleOn $2,000/month revenue
$19/month, flat.
$200/month
at scaleOn $5,000/month revenue
Still $19/month.
$500/month
at scaleOn $10,000/month revenue
STILL only $19/month.
$1,000/month
at scaleOn $50,000/month revenue
Yup. Still just $19/month.
$5,000/month
Draft encryption
Zero-knowledge
Plaintext on their servers
Subscriber data breach history
No breaches
697K records, Feb 2026
Custom design
Full control
5 font choices
Free stock photos + GIFs
Unsplash, Pexels, Klipy in editor
Upload only
secure tip line
Built in
Not available
No ad injection
Full data export anytime
(with caveats)
Platform lock-in
None by design
86% of new subs from Substack network

Substack's 10% cut means a publisher earning $5,000/month pays more in platform fees than a forme team subscription. That's not a comparison, it's a different business model.

Side by side

See the difference

Substack
Substack marketing page screenshot

Substack publisher dashboard — familiar layout, 10% cut on every dollar

Formeforme

Built for writers,
not developers.

Search Unsplash, Pexels, and Klipy — without leaving the editor
Zero revenue cut on paid subscriptions, ever
Built-in analytics that show revenue, not just opens

forme — publishing built for the reader era

Moving from Substack takes about 20 minutes.

Upload your export ZIP. Your posts and subscribers arrive intact.

Start publishing →See the migration guide