Subscription Growth Lessons from Goalhanger: How The Rest Is History Scaled to 250k Paying Fans
subscriptionscase-studyrevenue

Subscription Growth Lessons from Goalhanger: How The Rest Is History Scaled to 250k Paying Fans

ddigitals
2026-01-26
3 min read
Advertisement

Hook: If your subscriber growth feels stuck, this is the playbook to copy

Creators tell us the same things in 2026: the audience is fragmented across platforms, ad revenue is unstable, and converting superfans into predictable subscription revenue feels chaotic. Goalhanger — the company behind The Rest Is History and The Rest Is Politics — recently crossed 250,000 paying subscribers, generating roughly £15m/year at an average of £60 per subscriber. That scale didn’t happen by accident. It was built on repeatable pricing, content funnels, retention hooks and operational KPIs you can model.

Why Goalhanger matters now (and what changed in 2025–26)

Goalhanger’s result is a bellwether for subscription-first audio publishing in 2026. Press Gazette reported in January 2026 that the company reached >250k paying subscribers, with memberships active on eight of 14 shows and benefits ranging from ad-free listening to members-only Discords and ticket presales.

"Goalhanger exceeds 250,000 paying subscribers — The Rest Is History production company making £15m a year from subs." — Press Gazette, Jan 2026

Why this matters for creators today:

  • Proof that scale is possible: You don’t need a top-10 global show; a diversified network and strong funnel can reach enterprise-level subs.
  • Price/mix matters: Their ~£60/year average shows the power of combining monthly and annual options with meaningful benefits — see our notes on price and sustainability for how to think about ethical pricing anchors.
  • Community + utility beats gimmicks: Discord, newsletters, live ticket pre-sales — utility-driven benefits reduce churn; pair these with focused live enrollment and micro-events to convert interest into recurring revenue.

The Goalhanger subscription playbook — distilled into four pillars

Below we break down the exact system Goalhanger used and translate each part into actionable tactics you can reuse.

1. Pricing tiers: simple anchors that convert

Goalhanger’s average of £60/year with a ~50/50 split between monthly and annual payers implies a two-tier, price-anchored approach that balances affordability with commitment. Use this structure as a template:

  1. Free / ad-supported — always the top-of-funnel. Full episodes with ads and selective extras to prove value.
  2. Supporter / Core — low friction, monthly option. Pricing guideline: £3–£6 / month (or $4–$7). Benefits: ad-free listening, early access, members-only newsletter.
  3. Premium / Annual — discounted commitment. Pricing guideline: ~£50–£75 / year (or $60–$90). Benefits: all Core benefits + bonus series, live event presale, community access.
  4. VIP / Patron — high-touch tiers for super-fans. Pricing guideline: £200+/year or custom monthly. Benefits: exclusive merch, meet-and-greets, producer credits.

Actionable rules for pricing:

  • Always have a clear annual discount (20–30% off monthly) to increase LTV.
  • Lead with a low-friction monthly price to reduce acquisition friction and offer annual as an anchor for higher ARPU.
  • Use price psychology: present three options (Good / Better / Best) and make the mid or annual option the visual anchor. For detailed framing and narrative around creator pricing and packaging, review modern pricing playbooks.

2. Premium content funnels: what to gate and why

Subscribers pay for value that’s scarce, reliably delivered and emotionally resonant. Goalhanger’s gated benefits include ad-free listening, early access, bonus episodes and members-only chatrooms. Translate this into a funnel:

  1. Top-of-funnel (Discovery): Free episodes, short-form clips, and guest crossovers on larger shows.
  2. Lead magnet: One locked “bonus episode” previewed in free feed; sign up to hear the rest.
  3. Entry offer: Low-priced trial or first-month discount to convert listeners who clicked the preview.
  4. Core product: Ad-free + early access + serialized bonus content.
  5. Upsell: Seasonal mini-series, live event presale, merch bundles, or limited-run VIP passes.

Practical content formats that convert:

Advertisement

Related Topics

#subscriptions#case-study#revenue
d

digitals

Contributor

Senior editor and content strategist. Writing about technology, design, and the future of digital media. Follow along for deep dives into the industry's moving parts.

Advertisement
2026-02-04T09:22:39.645Z