Substack: Geographic Expansion
Substack is expanding focus in UK market with paid subscriptions to UK-based creators surpassing half a million. UK is now Substack's second-largest market after the US.
Source: The Hollywood Reporter
The leadership read
Market entry of this kind typically deepens demand for media leadership bench strength in the region over the following 12–18 months.
Market context: the MitchelLake Talent Market Index reads 114.6 — Hot (+16.3 vs prior month); Oceania signal share is easing (-4.6pts).
Market entry — the MitchelLake playbook
When a company expands into a new market, the first leadership hires decide whether it lands. A selection of market entries we've run:
All market-entry case studies →MitchelLake in this thematic
From the MitchelLake archive
More signals across Media
Ma Activity · Oceania
Nine →Nine Entertainment divested its digital media investment Pedestrian.TV after $49M investment write-down. Asset transferred to Richard White's Vinyl for nominal consideration.
Ma Activity · Americas
Shutterstock →The Shutterstock–Getty Images merger has cleared its regulatory path and is progressing toward completion.
Leadership Change · EMEA
BBC →Matt Brittin, former Google executive, appointed as new Director General of BBC. In his first memo, he warned staff of 'tough choices are unavoidable' and is implementing cost-saving measures.
Partnership · Americas
Acast →Acast achieved strong profitable growth in Q1 2026 with 20% sales growth and first-ever profitable first quarter (SEK 4.7mn), demonstrating market traction and sustainability
Geographic Expansion · Oceania
Alkane Resources →Alkane Resources advancing exploration targets at Northern Molong porphyry project in NSW with expanded drilling programs, magnetotellurics survey identifying six new high-priority targets, and district exploration confirming additional mineralization potential.