Two years after the New York Times wondered if we were “past peak newsletter,” the category continues to grow—and newsletter writers are getting more tools to bring eager advertisers on board. Late last week, Beehiiv, a newsletter platform for creators, introduced a new tool that will let its users manage relationships with advertisers, giving newsletter creators the ability to insert ads directly into their newsletters, set rate cards, coordinate inventory, and send invoices. The tool, called Direct Sponsorships, will allow publishers to sell their own inventory, Tyler Denk, Beehiiv’s co-founder and CEO, told Marketing Brew, and costs $10 for every ad placement. Denk said the tools are aimed at giving creators additional revenue options beyond subscriptions, which many do using platforms like Substack, a Beehiiv rival. The tool is the latest new option to roll out in the big business of newsletters. Advertisers have begun to embrace newsletters on Substack, which said last week that it had surpassed 5 million paid subscriptions, with one marketing exec previously telling Marketing Brew that newsletters are an attractive place since social media platforms have “become overloaded.” According to a Morning Brew Inc. survey of marketing industry decision-makers conducted in January, 51% said email marketing was an investment priority in 2025. It hasn’t been seamless, especially for newsletters that don’t have the backing of a sales team. In January, the Wall Street Journal reported that some newsletter creators have finalized deals with Venmo and managed partnerships through Google Docs as they navigate ad-hoc advertising arrangements. Beehiiv’s Direct Sponsorship tool aims to change that for its slate of creators. “More people can make money by putting an ad that is relevant to their audience in their newsletter than charging $5, $10, $20 per month for their content,” Denk said. “It takes very differentiated content to be able to charge for it.” Continue reading here.—RB |