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It's owned by A Medium Corporation. Medium as a method to publish writings and documents longer than Twitter's 140-character (now 280-character) maximum. In March 2021, Medium announced a change in its publishing strategy and business model. The change is to its mix of paid journalists working on its own publications - this shall be proportionally reduced - versus its support of independent writers, which can improve. Evan Williams, Twitter co-founder and former CEO, created Medium to encourage customers to create posts longer than the then 140-character limit of Twitter. By August, Williams reported that the positioning was still small, although he was still optimistic about it, saying "We are trying to make it as straightforward as possible for individuals who have considerate things to say". Medium has been focusing on optimizing the time visitors spend studying the location (1.5 million hours in March 2015), as opposed to maximizing the dimensions of its audience.
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