This week we had Medium CEO Tony Stubblebine, the CEO of Medium.com, a publishing platform that he has helmed for more than a year.

Medium has gone through a number of versions over the years. Pivots, if you will. But what has been a steady focus in Medium's life in recent years has been its subscription business. Medium offers a paid membership tier that costs $5 per month or $50 per year. And, Tony was willing to share, it's growing once again and is heading toward a pretty key milestone.

We also got into:

• The business of the written word.
• Medium's stance on AI and what its posture says about how the company views the value of writing. (More on the matter from TechCrunch here.)
• Why Medium thinks that everyone has something worth saying.

There's a little bit of media insider chat during this podcast, which we hope you enjoy. As always, we're back with our weekly roundup on Friday. Talk then!

For episode transcripts and more, head to Equity’s Simplecast website.

Equity drops at 7 a.m. PT every Monday, Wednesday and Friday, so subscribe to us on Apple Podcasts, Overcast, Spotify and all the casts. TechCrunch also has a great show on crypto, a show that interviews founders and more!

Credits: Equity is produced by Theresa Loconsolo with editing by Kell. Bryce Durbin is our Illustrator. We'd also like to thank the audience development team and Henry Pickavet, who manages TechCrunch audio products.